ARSMF - Ares Strategic Mining To Commence Trading On The Canadian Securities Exchange (CSE) On Friday October 22 2021

(TheNewswire)

• - Exchange move undertaken to allow for faster execution of companystrategy and business arrangements.

  - New arrangement will translate to significant ongoing and annualcost savings for Ares.

Vancouver, B.C. - TheNewswire - October 21 st , 2021 — Ares StrategicMining Inc. (“Ares” or the “Company”) (TSXV:ARS) (OTC:ARSMF)(FRA:N8I1), is pleased to is pleased to announce that it has receivedapproval for the listing of its common shares on the CanadianSecurities Exchange (the “ CSE ”), under the symbol ARS at the opening of the market onOctober 22, 2021.

The Company will continue to trade on the OTCQX in the United States,and the Frankfurt Stock Exchange (FRA) in Germany, and all trading forall Canadian shareholders will also continue unchanged. The CSE has anall-inclusive fee structure as opposed to the TSXV’s percentagecharges for each transaction, meaning significant savings for highlyactive companies. Additionally, the CSE does not charge companies toclose Private Placements, allowing for greater investment in theproject. Ares has significant mining and construction plans and wouldbenefit both expediently and financially from the structure offered bythe CSE.

James Walker, President and CEO of the Company said,“We have many significant upcoming undertakings planned for Ares,and the CSE structure will enable us to achieve our ambitions morequickly and inexpensively. Ares is anticipating a busy year, and wantsto ensure its trading platform will facilitate these ambitions asefficiently as possible. We are excited about the upcoming work in theCompany, and are confident the CSE will form part of the Company’ssuccess.”

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 byphone at 604-345-1576 or by email at jwalker@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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