Ares Strategic Mining Announces Board Evolution to Support Nasdaq Transition and Next Phase of Corporate Growth

About this update from Ares Strategic Mining Inc

(via TheNewswire)   Company Appoints Senior Financial and International Business Executive Lorenzo Esteva to Board as ARES Advances Toward Greater Institutional and Commercial Expansion   Vancouver, B.C., 19thMay 2026 –TheNewswire–Ares Strategic Mining Inc.(CSE: ARS) (OTCQX: ARSMF) (FRA: N8I1) is pleased to announce a strategic evolution of its Board of Directors as the Company advances toward its next phase of growth, operational maturity, and planned transition to a senior U.S. exchange.   To support ARES’ continued expansion and increasing engagement with U.S. institutional, commercial, and financial markets, the Company is pleased to announce the appointment of Lorenzo Esteva to the Board of Directors.   Strengthening the Board for the Next Stage of DevelopmentMr. Esteva brings more than 30 years of senior financial, restructuring, wealth management, corporate advisory, and international business experience across the United States and Latin America. His background includes senior leadership roles at:UBS Financial Services Merrill Lynch Prospero International Golden Ratio CS LLC    Throughout his career, Mr. Esteva has specialized in:Institutional and private capital markets Corporate restructuring and operational optimization International business expansion Strategic partnerships and mergers Ultra-high-net-worth client advisory Cross-border finance and offshore operations    James Walker, President and CEO of Ares Strategic Mining, commented: “As Ares continues to mature into a larger and more institutionally focused company, it is essential that our Board evolves alongside it. Lorenzo brings an exceptional combination of banking, corporate finance, restructuring, and international commercial expertise that will be invaluable as we continue scaling operations, expanding internationally, and preparing for the next level of public market participation.”   Positioning ARES for Institutional GrowthThe Board transition reflects Ares’ evolution from a development-stage mining company into an emerging strategic materials supplier with:Active mining operations Expanding processing infrastructure Major U.S. government contracts Increasing international commercial opportunities Planned uplisting initiatives    Mr. Esteva’s appointment is expected...

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