Ares Strategic Mining secures increased non-dilutive cash injection to support development

4 hours ago 1

Ares Strategic Mining (OTCQX:ARSMF) 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.
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.

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