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Ares Strategic Mining Inc

11:52 AM EST - Ares Strategic Mining Inc : Announced its intention to spin out its Liard Property and its Vanadium Property into a recently incorporated, wholly-owned subsidiary named Enyo Strategic Mining Inc. The Vanadium Property denotes all of Ares’ right, title and interest in and to twenty mineral claims totaling 2,110.47 hectares located near Barriere, British Columbia. The Liard Property denotes all of Ares’ right, title, and interest in and to eighteen mineral claims totaling approximately 4,825 hectares located in the Liard Mining Division, North-Central British Columbia, and together with the Vanadium Property. Ares Strategic Mining Inc shares C.ARS are trading unchanged at $0.55.