Ares Strategic Mining Secures $582K in Private Equity Financing

The single-investor deal closed without commissions, backing the firm’s ongoing growth plans.

May 02, 2025

Direct Capital Raise, No Middlemen

Ares Strategic Mining, a resource-focused company based in Vancouver, has completed a $582,500 equity raise through a private placement. The deal was executed quickly and cleanly—no brokers, no commissions, just a direct transaction under Rule 506(b) of Regulation D.

This wasn’t a broad solicitation. The company brought in one accredited investor, offering a mix of equity and rights tied to future securities. The transaction started and closed in April 2025, with the full amount secured in U.S. dollars. Converted at the April 16 exchange rate, that’s roughly CAD 809,000.

Proceeds won’t go toward executive compensation or board payouts. Instead, the capital is being kept on hand to support the company’s operational plans. That includes project-level funding and other near-term initiatives. With no minimum investment required, Ares left the door open to act quickly and structure the offering based on investor fit.

Leadership and Strategy

Leadership includes CEO and President James Walker, CFO Viktoriya Griffin, and Corporate Secretary Tom Klaimanee, supported by a board of directors based in Vancouver. The company, which has operated for over five years, didn’t disclose revenue or asset range. It listed its industry as “Other,” a signal that its activities may not fit neatly into standard categories.

Straightforward Execution

This was a straightforward raise. No intermediaries, no added fees, and a clearly defined scope. For Ares, it’s a move that keeps the focus on execution—fueling its ongoing development efforts while maintaining control over the terms of the capital coming in.