Business
Ares Strategic Mining To Commence Trading On The Canadian Securities Exchange (CSE) On Friday, October 22, 2021
(TheNewswire) - Exchange move undertaken to allow for faster execution of c...
About this update from Ares Strategic Mining Inc
[{"type":"text","content":"Ares Strategic Mining To Commence Trading On The Canadian Securities Exchange (CSE) On Friday, October 22, 2021\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n - Exchange move undertaken to allow for faster execution of company\nstrategy and business arrangements.\n \n \n - New arrangement will translate to significant ongoing and annual\ncost savings for Ares.\n \n \n \n \n Vancouver, B.C. -\n \n TheNewswire -\n \n October 21\n \n st\n \n , 2021 — Ares Strategic\nMining Inc. (“Ares” or the “Company”) (TSXV:ARS) (OTC:ARSMF)\n(FRA:N8I1), is pleased to is pleased to announce that it has received\napproval for the listing of its common shares on the Canadian\nSecurities Exchange (the “\n \n CSE\n \n ”), under the symbol ARS at the opening of the market on\nOctober 22, 2021.\n \n \n The Company will continue to trade on the OTCQX in the United States,\nand the Frankfurt Stock Exchange (FRA) in Germany, and all trading for\nall Canadian shareholders will also continue unchanged. The CSE has an\nall-inclusive fee structure as opposed to the TSXV’s percentage\ncharges for each transaction, meaning significant savings for highly\nactive companies. Additionally, the CSE does not charge companies to\nclose Private Placements, allowing for greater investment in the\nproject. Ares has significant mining and construction plans and would\nbenefit both expediently and financially from the structure offered by\nthe CSE.\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 ON BEHALF OF THE BOARD OF DIRECTORS OF\n \n \n \n \n ARES STRATEGIC MINING INC.\n \n \n \n \n James Walker\n \n Chief Executive Officer and President\n \n \n \n \n For further information, please contact James Walker by\nphone at 604-345-1576 or by email at [email protected]\n \n \n \n \n Neither the TSX Venture Exchange nor\nits Regulation Service Pro...