• Ares Strategic Mining posted a net loss of CAD 2.9 million for the six months ended March 31, widening from CAD 1.47 million.
• Basic and diluted loss per share widened to CAD 0.0119 from CAD 0.01 in the year-ago period.
• Cash and cash equivalents climbed to CAD 12.08 million as of March 31 from CAD 6.58 million at Sept. 30.
• Construction in progress rose to CAD 38.01 million from CAD 25.72 million, while total assets increased to CAD 73.9 million from CAD 53.87 million.
• Convertible debentures were fully settled during the period, while the USDA loan remained classified as current after covenant breaches at March 31.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ares Strategic Mining Inc. published the original content used to generate this news brief on June 02, 2026, and is solely responsible for the information contained therein.