Ares Strategic Mining Secures Increased Non-Dilutive Cash Injection to Support Development
Ares Strategic Mining Secures Increased Non-Dilutive Cash
Injection to Support Development
Vancouver, B.C., July 8th – Ares Strategic Mining Inc. (the “Company”) (CSE: ARS) (OTC: ARSMF) (FRA: N8I1)
is pleased to announce that it has received an increase in cash through its Sharing Agreements with Sorbie
Bornholm LP, providing valuable growth capital without issuing a single new share — ensuring no dilution
for existing shareholders.
In the latest monthly settlement:
• +12% cash gain from Sharing Agreement 1
• +31% cash gain from Sharing Agreement 2
This funding milestone further strengthens Ares’ financial position as it advances development of its Lost
Sheep Fluorspar Project, the only fluorspar mine in the United States. With $1 1 million in government
support recently secured and solid backing from strategic partners like Sorbie Bornholm, Ares is well on
track to become the U.S.’s sole domestic producer of fluorspar — a critical mineral essential to
steelmaking, clean energy technologies, semiconductors, and advanced manufacturing.
James Walker, President and CEO of Ares Strategic Mining, commented “This non-dilutive funding reflects
the confidence our partners have in Ares’ vision and strategy. Our strengthened cash position allows us to
accelerate site development, plant construction, and mine advancement while preserving shareholder
value. We’re proud to be delivering real progress toward securing a domestic source of this vital mineral.”
Positioned for Growth
Ares’ strategy of combining smart funding structures, government support, and operational execution
ensures the Company is uniquely positioned to fill a critical gap in the North American mineral supply
chain. With construction advancing and mining operations ramping up, Ares continues to build
momentum toward near-term production.
ON BEHALF OF THE BOARD OF DIRECTORS OF
ARES STRATEGIC MINING INC.
James Walker
Chief Executive Officer and President
For further information, please contact James Walker by email at [email protected]