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Ares Strategic Mining Receives Conditional Listing Approval from the Canadian Securities Exchange (CSE)
(TheNewswire) - Exchange move undertaken to allow for faster execution of...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining Receives Conditional Listing Approval from the Canadian Securities Exchange (CSE)\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n - Exchange move undertaken to allow for faster\nexecution of company strategy and business arrangements.\n \n \n \n \n - New arrangement will translate to significant ongoing\nand annual cost savings for Ares.\n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n July 5\n \n \n th\n \n \n , 2021 - Ares Strategic Mining Inc.\n(“Ares” or the “Company”) (TSXV:ARS) (OTC:ARSMF) (FRA:N8I1),\nis pleased to announce that it has received conditional approval to\nlist its voting shares on the Canadian Securities Exchange (the\n\"CSE\") under the trading symbol \"ARS\". Final\napproval of the listing is subject to the Company meeting certain\ncustomary conditions of the CSE. Upon final approval, the Company\nintends to issue a news release confirming the date upon which its\ncommon shares will commence trading on the CSE.\n \n \n \n \n The Company will continue to trade on the OTCQX in the\nUnited States, and the Frankfurt Stock Exchange (FRA) in Germany, and\nall trading for all Canadian shareholders will also continue\nunchanged. The CSE has an all-inclusive fee structure as opposed to\nthe TSXV’s percentage charges for each transaction, meaning\nsignificant savings for highly active companies. Additionally, the CSE\ndoes not charge companies to close Private Placements, allowing for\ngreater investment in the project. Ares has significant mining and\nconstruction plans and would benefit both expediently and financially\nfrom the structure offered by the CSE. The Company intends to delist\nfrom the TSXV following its Annual General Meeting on July\n7\n \n \n th\n \n \n ,\nafter which it will immediately list on the CSE.\n \n \n \n \n James Walker, President and CEO of the Company said,\n“We have many significant upcoming undertakings planned for Ares,\nand the CSE structure will enable us to achieve our ambitions more\nquickly and inexpensively. Ares is anticipating a busy year and wants\nto ensure its trading platform will facilitate these ambitions as\nefficiently as possible. We are excited about the upcoming work in the\nCompany and are confident the CSE will form part of the Company’s\nsuccess.”\n \n \n \n \n...