11:34 AM EST - Ares Strategic Mining Inc : Announces a non-brokered private placement offering of up to 22,222,222 units at a price of $0.45 per Unit for gross proceeds of up to $10,000,000. Each Unit shall consist of one common share in the capital of the Company and one-half of one non-transferable Common Share purchase warrant. Each Warrant will be exercisable into one Common Share at a price of $0.55 per Warrant Share for a period of two years following the closing date of the Offering. Ares Strategic Mining Inc
shares C.ARS are trading off $0.05 at $0.82.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=ARS%3ACNX&qmodStoryID=6622939888406148
