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Ares Strategic Mining Advances Toward NASDAQ Uplist with Sponsored American Depositary Share Program

Company Targets NASDAQ Capital Market Listing in 2026, Enhancing Accessibility for U.S. Institutional and Retail Investors and Avoiding Rollbacks for Canadian Shareholders

Ares Strategic Mining Inc. Issues Stock Options

Vancouver, B.C., August 18 th , 2026 — TheNewswire - Ares Strategic Mining Inc. (“Ares” or the “Company”) (TSXV: ARS) (OTC: ARSMF) (FRA: N8I1) announces that it has granted to its directors and officers an aggregate of 12,000,000 stock options (the “Options”), with each Option entitling the holder to acquire one common share in the capital of the Company (a “Common Share”) at an exercise price of $0.365 per Common Share until August 17 th , 2028.   All securities issued pursuant to the exercise of the Options will be subject to a statutory hold period of four months and one day from the date of grant, in accordance with applicable securities laws.

Ares Strategic Mining Begins Processing Mined Fluorspar Ore at its Utah Lumps Plant

Trucks Now Transporting Lost Sheep Ore to Delta Processing Facility as Live-Material Ramp-Up Begins and Ares Connects Mine to Plant   Vancouver, B.C., 18 th August 2026 – TheNewswire - Ares Strategic Mining Inc. (CSE: ARS) (OTCQX: ARSMF) (FRA: N8I1) ("Ares" or the "Company") is pleased to announce that fluorspar ore mined from its Lost Sheep Mine in Utah is now being transported by truck to the Company's processing facility in Delta, Utah, where the material has begun entering the Metallurgical Lumps Plant for processing.