Business
Ares Strategic Mining: Exercise of Warrants for Proceeds of $936,650
(TheNewswire) Vancouver, B.C. - TheNewswire - January 24 th , 2022 ...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining: Exercise of Warrants for Proceeds of $936,650\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n January 24\n \n th\n \n , 2022 — Ares Strategic\nMining Inc. (the “Company”) (CSE:ARS)\n \n (CNSX:ARS.CN)\n \n (OTC:ARSMF) (FRA:N8I1), is pleased to\nannounce the Company has received additional cash proceeds of $936,650\nfrom the exercise of 5,445,667 warrants priced at $0.15 to exercise,\nand 748,750 warrants priced at $0.16 to exercise. The final expiry\ndate of the warrants as issued during the Company's February 2020\nfinancing, is February 13th, 2022.\n \n \n The incoming finances will be used towards equipment purchases and\nplant construction for the Company's fluorspar production operation in\nUtah.\n \n \n ON BEHALF OF THE BOARD OF DIRECTORS OF\n \n \n ARES STRATEGIC MINING INC.\n \n \n James Walker\n \n Chief Executive Officer and President\n \n \n For further information, please contact James Walker by phone at\n604-345-1576 or by email at [email protected]\n \n \n Copyright (c) 2022 TheNewswire - All rights reserved.\n \n \n","length":1749,"tagName":"div"}]