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CEO, Director buying at Ares Strategic Mining (C:ARS)

Updated Thursday Dec 02, 2021 01:53 AM EDT

James Walker, CEO and Director, acquired 1,788,888 Common Shares on a direct ownership basis at a price of $0.270 through a prospectus or prospectus exempt offering on November 30th, 2021. This represents a $483,000 investment into the company's shares and an account share holdings change of 54.6%.

Karl Marek, a Director, acquired 1,516,666 Common Shares on a control or direction basis for registered holder DOGWOOD PROPERTIES LIMITED at a price of $0.270 through a prospectus or prospectus exempt offering on November 30th, 2021. This represents a $409,500 investment into the company's shares and an account share holdings change of 56.7%.

Ares Strategic Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Ares Strategic Mining Inc., formerly Lithium Energy Products Inc., is a mining company. The Company is engaged in producing fluorspar mine in United States. The Company's project includes Lost Sheep, Jackpot Lake, and Wilcox Playa. The Company's Lost Sheep fluorspar mine and its surrounding claims are located at the Spor Mountain area, Juab County, Utah. The project consists of 108 claims spanning a 2,100 acres area. The Jackpot Lake is located in Nevada. It has over 140 mineral claims comprising approximately 2,800 acres. The Wilcox Playa Basin consist of two land packages in Arizona, consisting of 1,434 acres in the Wilcox Playa Basin; a dry lakebed in southeastern Arizona, and 289 acres in the Little Rock Target in Yavapai County, Arizona.

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Go to Ares Strategic Mining Inc. (ARS)'s company page

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