24/04/2026
Sorbie Bornholm LP is pleased to share a strong operational and financial update from our ongoing partnership with ARES Strategic Mining Inc.
Through our performance-based Sharing Agreements, Ares continues to generate non-dilutive capital—delivering approximately 118% additional cash in the most recent settlement period. At the same time, the Company is advancing steadily toward production at its Lost Sheep Fluorspar Project, with several thousand tons of ore stockpiled at surface and underground operations continuing to build inventory.
As the only permitted fluorspar mine in the United States, Ares is uniquely positioned within a tightening global supply environment for this critical mineral.
We remain focused on disciplined capital deployment and long-term value creation.