Ares Strategic Mining Completes Final Funding Tranche

Ares Strategic Mining (TSE:ARS) has released an update.

Ares Strategic Mining Inc. has successfully completed the final tranche of its non-brokered private placement, raising a total of $2,850,748.20 by issuing units at $0.18 each. The offering included common shares and warrants, with an acceleration clause for the warrants if the share price reaches $0.40. The completion of this funding round marks a significant financial milestone for the company.

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