Ares Strategic Mining (TSE:ARS) has released an update.
Ares Strategic Mining Inc. has successfully completed the fourth tranche of its non-brokered private placement, raising $169,869.96 by issuing 943,722 units at $0.18 each. This brings the total raised to $2,605,614.48 towards the $2,900,000 goal set for the Amended LIFE Offering. The units include a common share and a purchase warrant, which may be exercised at an accelerated rate if the share price reaches $0.40.
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