-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 PkGUlh9on/4/cJmK0DccGeUiU9+gwSdyH8DGH+P+1zzKDHOQt62Qfzvnw45Y2ZEM
 QKeTtfM4SMXRTursqTZPwQ==

<SEC-DOCUMENT>0001113182-05-000116.txt : 20051024
<SEC-HEADER>0001113182-05-000116.hdr.sgml : 20051024
<ACCEPTANCE-DATETIME>20051024174806
ACCESSION NUMBER:		0001113182-05-000116
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051020
FILED AS OF DATE:		20051024
DATE AS OF CHANGE:		20051024

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MILAN DIVO
		CENTRAL INDEX KEY:			0001114362

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14136
		FILM NUMBER:		051152880

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		8188796501

	MAIL ADDRESS:	
		STREET 1:		ILAXCALA 181
		STREET 2:		COL H CONDESA
		CITY:			D.F.MEXICO 06100
		STATE:			O5
		ZIP:			00000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARIES VENTURES INC
		CENTRAL INDEX KEY:			0000772320
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				840987840
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		28720 CANWOOD STREET
		STREET 2:		SUITE 207
		CITY:			AGOURA HILLS
		STATE:			CA
		ZIP:			91301
		BUSINESS PHONE:		7023315524

	MAIL ADDRESS:	
		STREET 1:		28720 CANWOOD STREET
		STREET 2:		SUITE 207
		CITY:			AGOURA HILLS
		STATE:			CA
		ZIP:			91301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CASMYN CORP
		DATE OF NAME CHANGE:	19941229

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUMMA METALS CORP
		DATE OF NAME CHANGE:	19940503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FINTECH INC
		DATE OF NAME CHANGE:	19940503
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>milf4102005_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-10-20</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000772320</issuerCik>
        <issuerName>ARIES VENTURES INC</issuerName>
        <issuerTradingSymbol>ARVT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001114362</rptOwnerCik>
            <rptOwnerName>MILAN DIVO</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ILAXCALA 181</rptOwnerStreet1>
            <rptOwnerStreet2>COL H CONDESA</rptOwnerStreet2>
            <rptOwnerCity>D.F.MEXICO 06100</rptOwnerCity>
            <rptOwnerState>O5</rptOwnerState>
            <rptOwnerZipCode>00000</rptOwnerZipCode>
            <rptOwnerStateDescription>MEXICO</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Options to Acquire Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.23</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2000-11-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17666</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2005-10-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>17666</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0.00</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Options to acquire 17,666 shares of common stock were cancelled pursuant to an Agreement of Merger and Plan of Reorganization
between the Issuer and Cardium Therapeutics, Inc. effective October 20, 2005.</footnote>
        <footnote id="F2">Exercisable in equal annual increments on September 30, 2001, 2002 and 2003.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Divo Milan</signatureName>
        <signatureDate>2005-10-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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