Ares Strategic Mining: Company Update

After filing the recent 43-101 Technical Report, the Company has been waiting several weeks for the Exchange to resume the Company’s trading activities on the TSXV. While waiting, the Company decided that it would prefer not to wait any longer and completed the listing process on the CSE and has now received approval to trade from them. As the Company ultimately intended to transfer from the TSXV to the CSE, this will save time, and means the Company can resume all activities sooner, and can expedite its mining plans in Utah and elsewhere more quickly.

We are very much looking forward to getting back to building and resuming all our expansion, mining, construction, and development activities. Please expect a resumption of trading on the CSE soon, and the recommencement of frequent news and updates from the Company as we report on our progress.

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 by phone at 604-345-1576 or by email at jwalker@aresmining.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.