Ares Strategic Mining (TSE:ARS) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ares Strategic Mining Inc. has successfully completed the fourth tranche of its non-brokered private placement, raising $169,869.96 by issuing 943,722 units at $0.18 each. This brings the total raised to $2,605,614.48 towards the $2,900,000 goal set for the Amended LIFE Offering. The units include a common share and a purchase warrant, which may be exercised at an accelerated rate if the share price reaches $0.40.
For further insights into TSE:ARS stock, check out TipRanks’ Stock Analysis page.