01:51 PM EDT, 08/12/2025 (MT Newswires) -- Aris Mining ( ARMN ) down 3.8% on last look, on Tuesday afternoon said it is aware of recent volatility in its share price and increased trading volumes, which it relates to a secondary sale by Mubadala Investment Co. of its entire 15.75-million shares in Aris.

The transaction was completed between Mubadala and a broad base of institutional investors by way of a block trade through the facilities of the Toronto Stock Exchange, a statement said.

"Mubadala's Aris Mining ( ARMN ) shares became free trading in late June 2025, following the one-year hold period after the Soto Norte transaction. With the recent expiry of our exchange-traded warrants and the completion of this block trade, two significant overhangs have been removed, resulting in a broader and more diversified shareholder base," said Chief Executive Neil Woodyer.

The company is advancing the pre-feasibility study for the Soto Norte project in Colombia and will release the results in September.

Aris shares were last seen down $0.37, to $9.50, on the Toronto Stock Exchange.

Price: 9.54, Change: -0.33, Percent Change: -3.39