ARSMF - Ares Strategic Mining Announces Upgrade to the OTCQX Trading

(TheNewswire)

• - OTCQX enhances the visibility and accessibility of the Company toU.S. investors.

  - OTCQX Best Market is the highest market tier of OTC Markets on which11,000 U.S. and global securities trade.

Vancouver, B.C. - TheNewswire - March 2 nd , 2021 — Ares StrategicMining Inc. (“Ares” or the “Company”) (TSXV:ARS) (OTC:ARSMF)(FRA:N8I1), is pleased to announce, that following major advances bythe Company, its common shares are now trading on the OTCQX BestMarket under the ticker symbol of ARSMF.

Ares Strategic Mining begins trading today on OTCQX under the symbol“ARSMF.” U.S. investors can find current financial disclosure andReal-Time Level 2 quotes for the company on www.otcmarkets.com .

The OTCQX Market is designed for established, investor-focused U.S.and international companies. To qualify for OTCQX, companies must meethigh financial standards, follow best practice corporate governance,and demonstrate compliance with applicable securities laws. Graduatingto the OTCQX Market from the OTCQB Market marks an important milestonefor companies, enabling them to demonstrate their qualifications andbuild visibility among U.S. investors.

Ares is in the process of securing Depository Trust Company("DTC") eligibility for its common shares.  DTC manageselectronic clearing and settlement of publicly traded companies across the United States and in 131 other countries. Trading through DTC allows for cost-effective clearing andguaranteed settlement, simplifying and accelerating the settlementprocess of daily trades.  U.S. investors can find current financialdisclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com/stock/ARSMF/quote

James Walker, President and CEO stated: “The Company has made greatadvances since beginning its operations this time last year. There hasbeen a huge increase in the Company’s value, significant engineeringand metallurgical advances, and mine development work is near completeand ready to be initiated. The Company’s progress is reflected inthis recent promotion on the OTC’s most senior exchange.”

Lost Sheep Fluorspar Project – Delta, Utah

• - 100% owned – 2,100 acres – 108 Claims

  - Located in the Spor Mountain area, Juab County, Utah, approximately214 km south-west of Salt Lake City.

  - Fully Permitted – including mining permits.

  - NI 43-101 Technical Report identified extensive high-grade fluorsparwith low levels of impurities.

  - Mining plan approved by BLM 1

First approved by Rex Rowley – Area Manager, Bureauof Land Management – 24th August 1992.

Renewed by Paul B. Baker – Minerals ProgramManager, Bureau of Land Management – 12th December 2016.

ON BEHALF OF THE BOARD OF DIRECTORS OF

ARES STRATEGIC MINING INC.

James Walker
Chief Executive Officer and President

For further information, please contact Mark Bolin byphone at 604-781-0535 or by email at mbolin@aresmining.com

Neither the TSX Venture Exchange norits Regulation Service Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. No stock exchange, securitiescommission or other regulatory authority has approved or disapprovedthe information contained herein.

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