10:32 AM EST - Arras Minerals Corp : Has closed the previously announced non-brokered private placement that was upsized on November 21, 2022 due to strong investor demand. The Company sold an aggregate 15,938,250 common shares at $0.45 per share for gross proceeds of $7.17 million.
In connection with the Private Placement, the Company paid finders’ fees in cash on a portion of the Private Placement in the amount of C$84,432. Arras Minerals Corp
shares V.ARK are trading down $0.09 at $0.37.
