Ares Strategic Mining is pleased to announce its partnership with Set2Close to build out a sales development plan to accompany the Company's anticipated Utah expansion plans. Ares and Set2Close will work together to realize and achieve Ares' goals, and ensure it has the resources necessary to fluidly upscale. As part of the transaction the Company [...]
Ares Strategic Mining is pleased to announce that, further to its news release dated Nov 22, 2022, it has closed the second tranche of a non-brokered private placement offering of secured convertible debentures of the Company for aggregate proceeds of $45,980.00. The proceeds will be used by the Company to advance its expansion plans and develop [...]
Ares Strategic Mining Inc. is pleased to announce that, further to its news release dated November 22, 2022, it has closed the first tranche of a non-brokered private placement offering of secured convertible debentures of the Company for aggregate proceeds of $643,005.00. The principal sum of the Debentures totals $1,169,100, and will bear [...]
Ares Strategic Mining wishes to announce that it intends to undertake an offering of secured convertible debentures in the aggregate principal amount of $1,000,000, for the purposes of a potential mine acquisition. The Company intends to use the majority of the proceeds of the Debentures to finance potential acquisitions of assets or businesses in [...]
Ares Strategic Mining Inc. announces that it entered into a binding letter of offer with a court-appointed monitor to acquire certain mineral resources entities pursuant to proceedings initiated by the Target Entities under the Companies' Creditors Arrangement Act. The financial terms of the CCAA Acquisition are subject to a sealing order of the [...]
Ares Strategic Mining Inc.is pleased to announce that, further to its news release dated September 27, 2022, it has entered into an arrangement agreement with its wholly-owned subsidiary, Enyo Strategic Mining Inc. , pursuant to which the Company intends to: transfer all of its right, title and interest in and to its Liard property and Vanadium [...]
Ares Strategic Mining Inc. is pleased to announce its intention to spin out its Liard Property and its Vanadium Property into a recently incorporated, wholly-owned subsidiary named Enyo Strategic Mining Inc. The Vanadium Property denotes all of Ares' right, title and interest in and to twenty mineral claims totaling 2,110.47 hectares located near [...]
Ares Strategic Mining Inc. is pleased to announce the approval of $4,920,000 USD financing from the U.S. Department of Agriculture under its Business and Industry Guaranteed Loan Program. The B&I program is deployed by the Federal Government to promote rural development and higher paying wages. The Company arranged this non-dilutive financing to [...]
The plant will be the first of its kind in North America. Once operational the plant will produce the only domestic supply of fluorspar in the US. Plant optimization expertise supplied by international fluorspar producers. Product predominantly anticipated to fuel the steel industry. Significant interest expressed in Ares' anticipated products by [...]
Ares Strategic Mining Inc. is pleased to announce that the Company has concluded negotiations and signed a purchase agreement for a 50-acre, industrially zoned, manufacturing site, for its upcoming fluorspar processing operation. The property is located in Delta, Utah, the closest city to the Company's fluorspar mine and claims. The new property is [...]
Ares Strategic Mining Inc. is pleased to announce the appointment of Paul Sarjeant as its new Vice President of Exploration for both its US and Canadian exploration and mining projects. Paul is a registered professional geoscientist, who brings significant technical and leadership experience to the role and Company. Paul began his career in 1984 [...]
Ares Strategic Mining Inc., is pleased to announce that the Company has completed airborne radiometric and magnetic geophysical surveys and a gravity survey over the entire Spor Mountain range, near Delta, Utah. Results of the surveys have provided the Company with a significant increase in the number of potential fluorspar targets across the [...]
