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Ares Strategic Mining Inc

09:21 AM EST - Ares Strategic Mining Inc : Announces it has been allocated a US$10,000,000 Tax-Exempt Bond from the State of Utah. Ares commences due diligence work with several private placement agents to receive a tax-free bond distributed for manufacturing operations in Utah. The bond will cover all expected manufacturing costs of Ares’ fluorspar acidspar processing facility and its equipment. Ares receives county and state board approval and support for the manufacturing project. Ares Strategic Mining Inc shares C.ARS are trading unchanged at $0.43.