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Arras Minerals Corp. 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 9.3% of the issued and outstanding common shares of the Company . Darren Klinck, President of Arras, commented, "We are very pleased to close this upsized financing and wish to acknowledge and express appreciation for the strong endorsement our shareholders, ...