ARES STRATEGIC MINING Business Summary

Ares Strategic Mining Inc. (ARSMF) is a vertically integrated industrial mineral producer specializing in the extraction and processing of fluorspar, a critical mineral essential for the chemical, steel, and aluminum industries. The company generates revenue through the production and sale of acid-grade (acid-spar) and metallurgical-grade (met-spar) fluorspar from its flagship Lost Sheep Fluorspar Project in Utah, which stands as the only permitted fluorspar mine in the United States. Its business model is anchored by a strategic transition from development to active production, bolstered by a 2026 U.S. Department of Defense (DoD) contract valued at up to $250 million for the domestic supply of acid-spar. Ares positions itself as a critical domestic alternative to dominant international suppliers, competing directly with global entities such as Orbia (Koura), Minersa Group, and China Kings Resources. By leveraging its proprietary lump and flotation processing plants, Ares aims to capture a significant share of the North American market, mitigating geopolitical supply chain risks associated with high import reliance on China and Mexico. The leadership team is headed by President and CEO James Walker, a Chartered Engineer with a multi-disciplinary background in mining, mechanical, and nuclear engineering, who has overseen the company’s transition to production since 2016. Financial operations are managed by CFO Viktoriya Griffin, a Chartered Accountant with over a decade of experience in fiscal strategy and corporate finance for resource companies. Technical and exploration initiatives are led by Paul Sarjeant, VP of Exploration and a Professional Geologist with 25 years of international experience, alongside Raul Sanabria, a recognized fluorspar expert with over 20 years in mineral deposit optimization. The board is further strengthened by Director Bob Li, a major shareholder and global fluorspar industry veteran. This executive group is supported by strategic institutional backing and federal partnerships, including recent multi-million dollar private placements and the landmark DoD IDIQ contract, positioning the team as key architects of U.S. mineral independence.