(via TheNewswire)
Vancouver, B.C. – TheNewswire - July 8 th , 2025 – Ares Strategic Mining Inc. (the “Company”) (CSE: ARS) (OTC: ARSMF) (FRA: N8I1) is pleased to announce that it has received an increase in cash through its Sharing Agreements with Sorbie Bornholm LP, providing valuable growth capital without issuing a single new share — ensuring no dilution for existing shareholders.
In the latest monthly settlement:
This funding milestone further strengthens Ares’ financial position as it advances development of its Lost Sheep Fluorspar Project, the only fluorspar mine in the United States. With $11 million in government support recently secured and solid backing from strategic partners like Sorbie Bornholm, Ares is well on track to become the U.S.’s sole domestic producer of fluorspar — a critical mineral essential to steelmaking, clean energy technologies, semiconductors, and advanced manufacturing.
James Walker, President and CEO of Ares Strategic Mining, commented “This non-dilutive funding reflects the confidence our partners have in Ares’ vision and strategy. Our strengthened cash position allows us to accelerate site development, plant construction, and mine advancement while preserving shareholder value. We’re proud to be delivering real progress toward securing a domestic source of this vital mineral.”
Positioned for Growth
Ares’ strategy of combining smart funding structures, government support, and operational execution ensures the Company is uniquely positioned to fill a critical gap in the North American mineral supply chain. With construction advancing and mining operations ramping up, Ares continues to build momentum toward near-term production.
ON BEHALF OF THE BOARD OF DIRECTORS OF
ARES STRATEGIC MINING INC.
James Walker
Chief Executive Officer and President
For further information, please contact James Walker by email at jwalker@aresmining.com
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