Ares Strategic Mining Closes Second Tranche of LIFE Offering

Vancouver, B.C. October 21, 2025 — Ares Strategic Mining Inc. (CNSX: ARS) (“Ares” or the “Company”) is pleased to announce that it has closed the second and final tranche of its previously announced offering of units (each, a “Unit”) by issuing 12,221,889 Units at a price of $0.45 per Unit, for aggregate gross proceeds of $5,499,850 (the “Second Tranche”). On October 10, 2025, the Company announced a non-brokered private placement offering of Units at a price of $0.45 per Unit pursuant to the...