Arras Minerals is pleased to announce that it has commenced a 100-hole, 5,000-metre KGK drill program to explore a 6.5 km x 2.1 km buried chargeability anomaly identified by a Soviet era Induced Polarization survey on Arras's 100% owned Tay exploration License. Highlights from the KGK drilling program: A 100-hole KGK drilling program, totaling approximately 5,000 metres, is planned, targeting the large, buried 6.5 km x [...]
Arras Minerals is pleased to announce that it has commenced an Induced Polarization survey on its 531 square kilometer Elemes project, to help further define the most prospective drill targets. 125km long Pole-Dipole Induced Polarization survey covering the entire Berezski 8.8km x 1.5km NE-SW trending long copper soil anomaly. Initial focus of the survey will be the 2.8km x 1.6km coherent Molybdenum bulls-eye anomaly [...]
Arras Minerals is pleased to announce that further to its news release dated May 29, 2024, it has closed its previously announced non-brokered private placement for an aggregate of 20,268,662 units of the Company at a price per Unit of C$0.26 for aggregate gross proceeds of approximately C$5.3 million. Pursuant to the Offering, Teck Resources Limited acquired 1,141,000 Units and, following closing, holds approximately [...]
Arras Minerals announces today that due to further strong demand from existing shareholders, the previously announced non-brokered private placement financing has been increased to up to C$5.2 million. The Company announced on May 21, 2024 that it had arranged a non-brokered private placement financing of up to 7,692,308 units of the Company at a price per Unit of C$0.26 for aggregate gross proceeds of up to C$2 million [...]
Not for distribution to United States newswire services or for dissemination in the United States Arras Minerals Corp. announces today that due to strong demand, the previously announced non-brokered private placement financing has been increased from up to C$2 million to up to C$4.5 million . Darren Klinck, President of Arras, commented, " We are very pleased with the exceptional strong support from current shareholders [...]
Arras Minerals is pleased to announce a non-brokered private placement financing of up to 7,692,308 units of the Company at a price per Unit of C$0.26 for aggregate gross proceeds of up to C$2 million. Darren Klinck, President of Arras, commented, "Over the past 18 months since we announced the initial strategic equity investment by Teck, Arras has successfully and significantly advanced our project portfolio in [...]
Not for distribution to United States newswire services or for dissemination in the United States Arras Minerals Corp. is pleased to announce a non-brokered private placement financing of up to 7,692,308 units of the Company at a price per Unit of C$0.26 for aggregate gross proceeds of up to C$2 million. Darren Klinck, President of Arras, commented, "Over the past 18 months since we announced the initial strategic equity [...]
Arras Minerals is pleased to announce the commencement of a regional field program across the more than 3,300 square km license package it controls in Pavlodar, Kazakhstan. Highlights of the Planned 2024 Regional Field Program: The 2024 Exploration program will target licences associated with the Teck Strategic Alliance, and Arras's 100% owned Elemes and Tay projects. An extensive airborne and ground geophysics program [...]
Arras Minerals is pleased to announce the detailed voting results of the proposals considered at its annual and special meeting of shareholders held on April 30, 2024. A total of 23,075,358 or 33.5% of the Company's issued and outstanding shares were represented at the Meeting. The Company's shareholders have voted to set the number of directors to seven. The following nominees, as listed in Arras' management information [...]
Arras Minerals is pleased to introduce the results of its soil sampling program over the Aimandai Target. The Elemes project is composed of several mineral licences that are 100% owned by Arras and not included in the Teck-Arras Strategic Exploration Alliance announced on Dec 7. Highlights from the Soil Sampling program Identified a second, unexplored 14 km x 3.2 km NE-SW trending coherent copper anomaly called the [...]
Arras Minerals is pleased to announce that in accordance with the Company’s Equity Incentive Plan, it has granted an aggregate of 1,495,484 restricted share units to certain officers as 2023 annual performance awards. The RSUs vest one year from the grant date. Additionally, an aggregate of 414,984 RSUs that were granted in February 2023 as 2022 annual performance awards were settled as common shares of the Company [...]
Arras Minerals is pleased to announce that it has been granted the Tay exploration license. The license covers 118 square km in Kazakhstan. Tay is located 28 km to the north of the Bozshakol open pit copper-gold mine which is operated by Kaz Minerals. Tay is 100% owned by Arras and is not included in the Teck-Arras Strategic Exploration Alliance announced on Dec 7. Tay Project Highlights: 6.5 km x 2.1 km East-West [...]
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