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ARSMF Trading Update for US Shareholders

Due to the change to a new CUSIP while completing our spinout, the US regulatory system mandates that our trading on the OTCQX be moved to the Pink Sheets. The new CUSIP number requires at least 4 days of trading before our listing can be resumed on the OTCQX. This is standard for all new CUSIP numbers.

All US shareholders can still trade the shares by calling their Broker directly and requesting them to trade the ARSMF shares on the Pink Sheets. Normal trading should resume shortly once the required regulatory trading period has elapsed.

Thank you,

The Ares Strategic Mining Team


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