Recent Insider Transactions • Mar 06
Independent Director recently sold CA$120k worth of stock On the 27th of February, Bob Li sold around 235k shares on-market at roughly CA$0.51 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$1.3m. Insiders have been net sellers, collectively disposing of CA$1.8m more than they bought in the last 12 months. Announcement • 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. Recent Insider Transactions • Jan 16
Independent Director recently sold CA$1.3m worth of stock On the 14th of January, Bob Li sold around 3m shares on-market at roughly CA$0.52 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.7m more than they bought in the last 12 months.