Thursday, August 18, 2022
9:25 AM EST – Ares Strategic Mining Inc : Announced the approval of $4,920,000 USD financing from the U.S. Department of Agriculture under its Business and Industry Guaranteed Loan Program. The B&I program is deployed by the Federal Government to promote rural development and higher paying wages. The Company arranged this non-dilutive financing to exclusively develop the Company’s manufacturing operation at its processing site in Delta, Utah. The manufacturing operation will be the first of its kind in the country and will be looking to bring back an entire industry to the United States. Ares Strategic Mining Inc (C.ARS) shares were down one cent at 0.37.
Stocks in Play: Ares Strategic Mining Inc, Thu, 18 Aug 2022 09:42:07 EST