New Risk • Jun 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$26m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$26m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€45.6m market cap, or US$53.0m). Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Bo Li was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Jan 27
Ares Strategic Mining Inc. announced that it expects to receive CAD 10 million in funding Ares Strategic Mining Inc announced a non-brokered private placement to issue 16,666,666 units at a price of CAD 0.6 per unit for aggregate gross proceeds of CAD 9,999,999.6 on January 27, 2026. Each Unit shall consist of one common share in the capital of the Company and one-half (1/2) of one non-transferable Common Share purchase warrant. Each Warrant will be exercisable into one (1) Common Share at a price of CAD 0.75 per Warrant Share for a period of two (2) years following the closing date of the Offering. Finders’ fees may be paid to eligible arm’s length persons with respect to certain subscriptions accepted by the Company. The Units offered as a part of the Offering shall be offered to purchasers in each of the Provinces of Canada, with the exception of Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”), and in other qualifying jurisdictions. Units offered under the Listed Issuer Financing Exemption will not be subject to resale restrictions for Canadian resident investors pursuant to applicable Canadian securities laws. The Offering is anticipated to close in one or more tranches, with the final tranche of the Offering closing within 45 days from the date hereof. The closing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the Company’s completion of its filing obligations under the policies of the CSE. 공시 • Oct 22
Ares Strategic Mining Inc. announced that it has received CAD 10.49985 million in funding On October 21, 2025, Ares Strategic Mining Inc. closed its second and final tranche. The company issued 12,221,889 Units at a price of CAD 0.45 per Unit, for aggregate gross proceeds of CAD 5,499,850.05 in its second tranche. Each unit shall consist of one common share and one-half of one non-transferable common share purchase warrant. Each warrant will be exercisable into one common share at a price of CAD 0.55 per warrant share for a period of two years following the closing date of the offering. In connection with the closing of the Second Tranche, an aggregate of CAD 267,965.98 was paid in cash and a total of 595,480 finder’s warrants were issued as finder’s fees to arm’s length parties. Each Finder’s Warrant entitles the holder thereof to acquire one common share in the capital of the Company at a price of CAD 0.55 per Finder’s Warrant Share for a period of two years following the closing date of the Second Tranche. The Finder’s Warrants are subject to a 4-month hold period from the date of issuance. The company issued a total of 23,333,001 units at a price of CAD 0.45 per unit for gross proceeds of CAD 10,499,850.45. The Company also wishes to correct its news release dated October 17, 2025 which announced the closing
of the first tranche of the LIFE Offering. The Initial News Release incorrectly states that each Finder’s Warrant issued in connection with the First Tranches exercisable into one Finder’s Warrant Share at CAD 0.45 per Finder’s Warrant Share. The correct exercise price of each First Tranche Finder’s Warrant is CAD 0.55 per Finder’s Warrant Share. 공시 • Oct 11
Ares Strategic Mining Inc. announced that it expects to receive CAD 10 million in funding Ares Strategic Mining Inc. announced a private placement to issue 22,222,222 units at a price of CAD 0.45 per unit for gross proceeds of CAD 9,999,999.9 on October 10, 2025. Each unit shall consist of one common share and one-half of one non-transferable common share purchase warrant. Each warrant will be exercisable into one common share at a price of CAD 0.55 per warrant share for a period of two years following the closing date of the offering. The offering is anticipated to close in one or more tranches, with the final tranche of the offering closing within 45 days from the date hereof. The closing is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the company's completion of its filing obligations under the policies of the Canadian Securities Exchange. Finders' fees may be paid to eligible arm's-length persons with respect to certain subscriptions accepted by the company. 공시 • Jul 31
Ares Strategic Mining Inc., Annual General Meeting, Oct 01, 2025 Ares Strategic Mining Inc., Annual General Meeting, Oct 01, 2025. 
