Ares Strategic Mining Inc. is pleased to announce that, further to its news release dated May 10, 2024 which announced a non-brokered private placement offering of a minimum of 5,555,555 units of the Company and a maximum of 22,222,222 Units at a price of $0.18 per Unit pursuant to the listed issuer financing exemption for gross proceeds of a minimum of $1,000,000 and a maximum of $4,000,000 , it has closed the first tranche of the LIFE Offering by issuing 5,984,986 Units at a price of $0.18 per Unit, for aggregate gross proceeds of $1,077,297.28. James Walker, CEO of Ares, said, "We have already exceeded the minimum we were seeking from this offering in this first tranche, and we continue to receive more orders for our next tranches. There is clearly great support and enthus...