In the first quarter of 2026, Ares Strategic Mining (ARSMF) has seen notable insider selling activity, primarily concentrated in January. According to reports from Simply Wall St and Yahoo Finance, insiders have only sold shares during the last three months, with no recorded purchases in that same period. Key Insider Transactions (Q1 2026)
Bob Li (Director): Reported several significant dispositions in the public market throughout January 2026: January 21, 2026: Sold 155,000 shares at a maximum price of approximately $0.54 per share, totaling ~$82,771. January 14, 2026: Sold 100,000 shares at a price of ~$0.48 per share, totaling ~$48,224. January 13, 2026: A larger sale was recorded valued at approximately $942,202. Recent Volume: Over the last three months, a total of approximately 3,189,500 shares (worth ~$1.3M USD) were sold by individual insiders.
Ownership Structure
Individual Insiders: Currently hold approximately 6.6% of the company (17,301,129 shares). General Public: Owns the vast majority of the company at 89.6%. Private Companies: Hold the remaining 3.82%.
Context and Dilution
Share Dilution: Existing shareholders have experienced substantial dilution over the past year, with total shares outstanding growing by 40.9%. Recent Funding: The company has actively raised capital through financing agreements with Sorbie Bornholm, receiving roughly $1.12M between October 2024 and January 2026.
For the most up-to-date and legally binding filings, you can view the "Insider Reports" for Ares Strategic Mining Inc. on the SEDAR+ Public Portal (search for ARS on the TSX Venture Exchange).