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Off-market insider buying at Ares Strategic Mining (C:ARS)

Updated Wednesday Jan 12, 2022 02:42 AM EDT

Bo Li, a Director, acquired 709,478 Common Shares on a control or direction basis for registered holder L & S International Trading Limited at a price of $0.380 through a prospectus or prospectus exempt offering on January 11th, 2022. This represents a $269,602 investment into the company's shares and an account share holdings change of 15.2%.

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 Canada-based Junior natural resource mining company. The Company is focusing on progressing its fluorspar projects towards exploitation, production and supplying metspar and acidspar to the markets. Its Lost Sheep Property is located at the north-east end of the Spor Mountain Mining District, in section 21, T.12S. 12W, and T.13S. 12W, SLBM of Juab County, western Utah, United States. The Lost Sheep Property is comprised of approximately 1,447 acres. The Lost Sheep Property consists of several mineral claim blocks and other unpatented claims. It owns interest in about 14 claims in the Liard Fluorspar Property, located in British Columbia. Its Vanadium Ridge Property consists of about 20 mining claims, covering over 5,200 acres, situated in close proximity to Kamloops, British Columbia. It owns about 140 mineral claims of Jackpot Lake Property, which consists of approximately 2,800 acres in Clark County, Nevada.

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

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