Arras Minerals Announces C$3 Million Financing and Welcomes New Strategic Shareholder
Teck Resources Limited (Teck) has agreed to subscribe for 5,776,000 shares for gross proceeds of C$2,599,200 representing approximately a 9.9% interest in the Company.
- Teck Resources Limited (Teck) has agreed to subscribe for 5,776,000 shares for gross proceeds of C$2,599,200 representing approximately a 9.9% interest in the Company.
- Arras strengthens its shareholder register welcoming Teck as a strategic shareholder.
- Arras Minerals is very pleased to welcome Teck as a strategic shareholder.
- Beskauga is located within the highly under-explored Bozshakol-Chingiz Volcanic Arc, which hosts KAZ Minerals Bozshakol porphyry Cu-Au mine only 130 km west of Beskauga.