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Arras Minerals Announces C$2 Million Non-Brokered Financing

Arras Minerals Announces C$2 Million Non-Brokered Financing

Arras Minerals宣佈200萬加元的非經紀融資
Accesswire ·  05/21 18:00

Not for distribution to United States newswire services or for dissemination in the United States

不得向美國新聞線提供,也不得在美國傳播。

VANCOUVER, BC / ACCESSWIRE / May 21, 2024 / Arras Minerals Corp. (TSXV:ARK) ("Arras" or "the Company") is pleased to announce a non-brokered private placement financing (the "Offering") of up to 7,692,308 units of the Company ("Units") at a price per Unit of C$0.26 (the "Offering Price") for aggregate gross proceeds of up to C$2 million.

溫哥華,BC / ACCESSWIRE / May 21,2024 / Arras Minerals Corp.(TSXV:ARK)(“Arras”或“公司”)很高興地宣佈非經紀人私募融資(“Offering”)總額爲7,692,308千萬元(“Units”)的最高價每個Unit爲C$0.26(“Offering Price”),總計募集額爲C$2百萬。

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 Kazakhstan with the funding from that associated financing in 2022. We are now pleased to have a strategic alliance with Teck on a portion of our land package and a US$2.5 million budget in 2024 funded by Teck which is expected to advance targets to drill-ready status this year. In addition, the highly successful soil-sampling program at our 100%-owned Elemes project which we announced results from in Q1 this year, has attracted considerable attention from major mining companies as we have identified two coherent copper-in-soil anomalies stretching more than 8 km each and containing porphyry mineralization which Arras intends to begin testing later this year."

Arras的總裁Darren Klinck表示:“自2018年Teck締造的首次戰略股權投資以來的18個月以來,Arras從當時的相關融資中獲得大量資金,已成功並顯着提高了哈薩克斯坦的項目組合。我們現在很高興能與Teck在我們土地包裹的某些部分建立戰略聯盟,並有一項由Teck資助的2024年250萬美元預算,計劃在今年將其發展爲可以進行鑽探準備的狀態。此外,我們在Elemes項目中進行的極其成功的土壤採樣計劃在今年第一季度公佈了結果,已經引起了大型採礦公司的極大關注,我們確定了兩個相干的銅礦土壤異常,每一處都超過8公里,幷包含斑岩礦化物,Arras打算在今年晚些時候開始進行測試。”

Tim Barry, CEO of Arras, went on to add, "As we commence our third field season this month in Kazakhstan, we expect to be advancing and drilling at least three new copper-gold porphyry targets this year. By utilizing modern exploration techniques in a region that has had very little to no exploration focus since pre-1990, our thesis is continuing to strengthen that the Bozshakol-Chingiz metallogenic belt has the potential to contain multiple new copper-gold deposits masked under shallow cover. This is truly a very exciting time for Arras as we quickly advance in a new tier-one jurisdiction for exploration of base and precious metals."

Arras的首席執行官Tim Barry接着說:“這個月我們開始在哈薩克斯坦開展第三個野外季節,我們預計今年將至少推進和鑽探三個新的銅金斑岩目標。通過在一個自1990年以來很少或根本沒有進行過勘探集中勘探技術,我們的理論繼續得到加強,在淺覆蓋層下,Bozshakol-Chingiz金屬成因帶有潛力包含多個新的銅金礦藏。對於轉型中的Arras來說,這確實是一個非常激動人心的時刻,因爲我們迅速進入了勘探基礎金屬和貴金屬的新的一線司法管轄區。”

Private Placement Terms

私募融資條款

Under the Offering, each Unit shall comprise of one (1) common share in the capital of the Company (each, a "Common Share") and one-half of one (1/2) non-transferable Common Share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one (1) additional Common Share at a price of C$$0.40 for a period of (3) years from closing of the Offering (the "Expiry Date").

根據Offering,每個Unit將包含一種公司資本中的普通股份(每個爲“Common Share”)以及半個不可轉讓的Common Share購股權(每個整個購股權爲“Warrant”)。每個整個Warrant將使持有人有權以C$$0.40的價格購買一種額外的Common Share,在Offering完成三年後(“Expiry Date”)的三年內。

In the event the volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the "TSXV") meets or exceeds C$$0.60 for fifteen (15) consecutive trading days at any time after four months and one day following closing of the Offering, the Company shall have the option, but not the obligation, at any time thereafter to accelerate the Expiry Date to a date that is thirty (30) days following the date of issuance of a press release by the Company announcing the acceleration of the Expiry Date.

如果TSX Venture Exchange(“TSXV”)上的Common Share的成交量加權平均交易價格在Offering完成四個月零一天後的任何時間連續十五個交易日達到或超過C$$0.60,公司有權但無義務在此之後的任何時間將到期日加速到發行公司宣佈加速到期日的新聞發佈日後的30天內。

The net proceeds of the Offering will be used to advance the Company's exploration program in Kazakhstan and for general corporate purposes. Finders' fees may be payable on a portion of the Offering in accordance with applicable laws and TSXV policies.

Offering的淨收益將用於推進公司在哈薩克斯坦的勘探計劃和一般企業用途,根據適用法律和TSXV政策,可能需支付部分Offering的發現者費用。

The Offering is scheduled to close on or about June 4, 2024 and is subject to the approval of the TSXV. The securities issued pursuant to the Offering will be subject to a four-month hold period in Canada and will be subject to U.S. resale restrictions under U.S. securities laws as applicable.

Offering計劃於2024年6月4日或該日前後關閉,並需經TSXV批准。根據加拿大的四個月保有期規定,Offering發行的證券將受到保有期限制,根據適用的美國證券法規,證券將受到美國的再銷售限制。

The securities to be sold in the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act"), or any state or other applicable jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state or other jurisdictions' securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation, or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

在未註冊U.S. Securities Act of 1933或任何州或其他適用司法管轄區的證券法律或規定的情況下,本次Offering中出售的證券可能不被提供或銷售於美國。本新聞稿不構成要約出售或要約購買這些證券,也不得在任何該等要約或出售將違反任何適用法律或規定的管轄區中進行。

Qualified Person: The scientific and technical disclosure for this news release has been prepared under supervision of and approved by Matthew Booth, Vice President of Exploration, of Arras Minerals Corp., a Qualified Person for the purposes of NI 43-101. Mr. Booth has over 19 years of mineral exploration experience and is a Qualified Person member of the American Institute of Professional Geologists (CPG 12044).

有關這則新聞的科學和技術披露是在Arras Minerals Corp.的勘探副總裁Matthew Booth的監督下進行的,並得到其批准。對於NI 43-101的目的,Matthew Booth先生是Arras Minerals Corp.的合格人員。Booth先生擁有19年的礦物探勘經驗,是美國專業地質學家協會(CPG 12044)的合格人員成員。

On behalf of the Board of Directors

謹代表董事會

"Tim Barry"

"蒂姆·巴里"

Tim Barry, MAusIMM CP(Geo)
Chief Executive Officer and Director

蒂姆·巴里,MAusIMM CP(Geo)
首席執行官和董事

INVESTOR RELATIONS:
+1 604 687 5800
info@arrasminerals.com

投資者關係:
+1 604 687 5800
info@arrasminerals.com

Further information can be found on:

更多信息請訪問:

  • the Company's website or
  • follow us on LinkedIn: or
  • follow us on X (formerly Twitter):
  • 公司網站或
  • 在LinkedIn上關注我們:或
  • 在X(前Twitter)上關注我們:

About Arras Minerals Corp.

關於Arras Minerals Corp.

Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project. The Company has established the third-largest license package in the country prospective for copper and gold (behind Rio Tinto and Fortescue). In December 2023, the Company entered into a strategic alliance with Teck Resources Limited ("Teck") in which Teck will sole fund a US$5 million generative exploration program over a portion of the Arras license package in 2024-2025 focusing on critical minerals. The Company's shares are listed on the TSXV under the trading symbol "ARK".

Arras 是一家加拿大的探索和開發公司,在哈薩克斯坦東北部推進了一個銅和黃金資產組合,包括 Beskauga 銅和黃金項目的選擇協議。公司已經建立了該國第三大有前途的銅和黃金牌照套餐(落後於力拓和 Fortescue)。2023年12月,該公司與 Teck Resources Limited(“Teck”)建立了戰略聯盟,Teck將獨資提供500萬美元的產生性勘探計劃,並會在 Arras 牌照套餐的一部分上專注於關鍵礦物質在2024-2025年。該公司的股票在 TSXV 上交易,交易符號爲“ARK”。

Cautionary note regarding forward-looking statements: This news release contains forward-looking statements regarding the Offering, future events and Arras' future results that are subject to the safe harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended, and the Exchange Act, and applicable Canadian securities laws. Forward-looking statements include, among others, statements regarding the Offering, the participation in the Offering by Teck Resources Limited, the amount of securities that may be sold and proceeds raised by the Company from the Offering, timing of closing of the Offering, the terms to the securities offered under the Offering, the receipt of TSXV and other required regulatory and third party approvals in respect of the Offering, exercise of the Company's acceleration right in respect of the Warrants (or the satisfaction of the acceleration condition in respect thereof), and plans and expectations of the exploration program Arras is in the process of undertaking. These statements are based on current expectations, estimates, forecasts, and projections about Arras' exploration projects, the industry in which Arras operates and the beliefs and assumptions of Arras' management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond management's control, including investor interest in the Offering and perception of the Company and its business and assets, regulatory approval of the Offering, changes to the market price for the Company's securities, changes to economic conditions, changes to metals and commodity prices, price of inputs, expected costs and timelines to achieve the Company's goals, that general business and economic conditions will not change in a materially adverse manner, financing will be available when needed on economically reasonable terms, undertaking further exploration activities, the results of such exploration activities and that such results support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in the Management Discussion and Analysis filed on the Company's profile on SEDAR+ on February 28, 2024 and in the Company's Annual Report on Form 20-F for the fiscal year ended October 31, 2023 filed with the U.S. Securities and Exchange Commission filed on February 28, 2024 available on www.sec.gov. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statement made by the Company in this release is based only on information currently available and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.

關於前瞻性聲明的注意事項: 本新聞稿包含有關交易所發行的前瞻性聲明、日後發展和 Arras 未來結果的前瞻性聲明,這些聲明受到美國《私人證券訴訟改革法》、1933年修正案下的證券法以及交易所法和適用的加拿大證券法所創建的安全港的保護。前瞻性聲明包括但不限於:關於交易所發行、Teck Resources Limited 參與交易所發行、公司可能出售的證券數量和證券發行所籌集的收入、交易所發行的關閉時間、交易所提供的證券條款、在交易所發行方面收到 TSXV 和其他所需的監管和第三方批准、在 Warrants 方面行使公司的加速權(或滿足相關條件),以及 Arras 正在進行的勘探計劃的計劃和期望。這些陳述基於 Arras 勘探項目、Arras 所在產業和 Arras 管理層的信仰和假設的當前預期、估計、預測和投射。這樣的詞如“期望”、“預期”、“目標”、“目標”、“項目”、“意圖”、“計劃”、“信仰”、“尋求”、“估計”、“繼續”、“可能”,其變體和類似表達及對未來的引用,旨在確定此類前瞻性聲明。前瞻性聲明受到許多假設、風險和不確定性的影響,其中許多超出了管理層的控制範圍,包括投資者對交易所的興趣和對公司及其業務和資產的看法,交易所發行的監管批准,公司證券市場價格的變化,經濟條件的變化,金屬和商品價格的變化,輸入價格,達到公司目標的預期成本和時間表,一般商業和經濟條件不會以根本不利的方式改變,將會在需要時以經濟合理的條件獲得融資,開展後續勘探活動,這些勘探活動的結果,以及這些結果支持繼續勘探活動,礦石品位、類型和冶金的意外變化,商品價格的波動和水平,未來融資的充分可用性,以及在 SEDAR+ 上提交於2024年2月28日的管理討論和分析以及在 Company 的年度報告中討論的其他事項"20-F十月31日,於2024年2月28日提交給美國證券交易委員會,在 www.sec.gov 可獲得。讀者應當注意,前瞻性聲明並不保證未來的表現,並且實際結果或發展可能與前瞻性聲明中所表達或暗示的結果或發展有所不同。本公司在本發佈中所作的任何前瞻性聲明僅基於目前可用的信息,並僅作爲發佈日期。公司不承擔公開更新任何前瞻性聲明的任何責任,無論是書面或口頭形式,這些指導可能不時地作出,無論是由於新信息、未來的發展或其他原因。 SOURCE: Arras Minerals Corp.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

TSX Venture Exchange及其監管服務提供商(如TSX Venture Exchange政策中所定義的那樣)對此新聞稿的充分性或準確性不承擔責任。

SOURCE: Arras Minerals Corp.

來源:Arras Minerals Corp。


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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