Ares Strategic Mining Settles Debt with Equity
Company Announcements

Ares Strategic Mining Settles Debt with Equity

Story Highlights

Ares Strategic Mining (TSE:ARS) has released an update.

Ares Strategic Mining Ltd. has successfully completed a shares-for-debt settlement, issuing over 1.3 million shares to settle $222,820 of debt accrued from various services. The debt resolution involved transactions with related parties but was exempt from certain minority shareholder approval requirements due to the company’s market position.

For further insights into TSE:ARS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAres Strategic Mining Ships Innovative Flotation Plant
TipRanks Canadian Auto-Generated NewsdeskAres Strategic Mining Concludes Successful Private Placement
TipRanks Canadian Auto-Generated NewsdeskAres Strategic Mining Unveils Exclusive U.S. Acidspar Plant
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App