ARRAS MINERALS CLOSES UPSIZED $16.1 MILLION FINANCING

Vancouver, British Columbia – Arras Minerals Corp. (TSX-V: ARK, OTCQB: ARRKF) (“Arras” or the “Company”) is pleased to announce that it has closed its previously announced brokered and non-brokered private placements (please refer to the Company’s March 20, 2025 news release). A total of 18,941,177 common shares (“Shares”) were issued at a price of $0.8…