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Arras Minerals Strengthens Financial Position with C$4 Million Raised from Warrant Exercises
Arras Minerals Strengthens Financial Position with C$4 Million Raised from Warrant Exercises

Associated Press

time17-03-2025

  • Business
  • Associated Press

Arras Minerals Strengthens Financial Position with C$4 Million Raised from Warrant Exercises

VANCOUVER, BC / ACCESS Newswire / March 17, 2025 / Arras Minerals Corp. (TSX-V:ARK)(OTCQB:ARRKF) ('Arras' or the 'Company') is pleased to announce that further to the Company's news release on February 12, 2025 whereby the Company announced that it elected to exercise its right under the terms of certain common share purchase warrants issued on June 6, 2024 (the 'Warrants') to accelerate the expiry date of the Warrants, all 10,134,332 Warrants have been exercised by the holders. This has brought in gross proceeds of C$4,053,733 to the Company. Tim Barry, CEO commented, 'We wish to thank shareholders for their continued support through the full exercise of the warrants. We are currently finalizing geophysical survey and drilling contracts and expect to commence fieldwork later in April. The Company is well positioned to kick off our Phase 2 program at Elemes and together with the work program planned on the Arras-Teck Strategic Alliance, we are very excited about the many targets we will be advancing over the next 8-12 months in Kazakhstan'. Grant and Settlement of Restricted Share Units In accordance with the Company's Equity Incentive Plan, Arras has granted an aggregate of 241,196 restricted share units ('RSUs') to certain officers as annual performance awards for 2024. The RSUs vest one year from the grant date (February 27, 2025). Additionally, an aggregate of 1,495,484 RSUs that were granted in February 2024 as annual performance awards for 2023 were settled as common shares of the Company effective March 14, 2025. Following the exercise of these warrants and settlement of RSUs, the Company now has 100,865,297 common shares issued and outstanding. On behalf of the Board of Directors 'Tim Barry' Tim Barry, MAusIMM CP(Geo) Chief Executive Officer and Director INVESTOR RELATIONS: +1 604 687 5800 [email protected] Further information can be found on: About Arras Minerals Corp. Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Elemes copper-gold porphyry project and 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 may sole fund a US$5 million generative exploration program over a portion of the Arras license package in 2024-2025. The Company's shares are listed on the TSX-V under the trading symbol 'ARK' and on the OTCQB under the trading symbol 'ARRKF' Cautionary note regarding forward-looking statements: This news release contains forward-looking statements regarding future events and Arras Minerals' 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 plans and expectations of the exploration program Arras Minerals is in the process of undertaking, including the expansion of the Mineral Resource, and other aspects of the Mineral Resource estimates for the Beskauga project. These statements are based on current expectations, estimates, forecasts, and projections about Arras Minerals' exploration projects, the industry in which Arras Minerals operates and the beliefs and assumptions of Arras Minerals' 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 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 27, 2025. 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.

Arras Minerals Announces Plans to Drill Multiple Targets Identified Under Strategic Alliance
Arras Minerals Announces Plans to Drill Multiple Targets Identified Under Strategic Alliance

Globe and Mail

time26-02-2025

  • Business
  • Globe and Mail

Arras Minerals Announces Plans to Drill Multiple Targets Identified Under Strategic Alliance

VANCOUVER, BC / ACCESS Newswire / February 26, 2025 / Arras Minerals Corp. (TSX-V:ARK)(OTCQB:ARRKF) ("Arras" or "Arras Minerals" or "the Company") is pleased to provide an update on the ongoing exploration program across 1,736 square kilometers ("sq km") of licenses that form the Arras-Teck Resources Limited ("Teck") Strategic Alliance. The Company is working with contractors to finalize contracts to initiate geophysical and drilling programs expected to commence in the second quarter. Highlights for the 2025 Arras-Teck Strategic Alliance Program Multiple copper and copper-gold drill targets identified from extensive 2024 field program +5,000m follow up diamond drill program planned on multiple targets Targeted 75 line-km Pole-Dipole Induced Polarization ("P-DP IP") program planned Arras (via its subsidiary) to continue to operate the program on behalf of Teck in 2025. Tim Barry, CEO of Arras Minerals commented, " The 2024 exploration program was a tremendous success, leading to the identification of multiple high-quality drill targets. Our team has been working hard to compile and interpret the vast amount of data collected with strong support from Teck to plan the follow up drill campaign on these targets in 2025. We're particularly excited with the range of targets that have been identified and we hope to replicate our recent success on our Elemes Project by making a new porphyry discovery in Kazakhstan". Figure 1. Arras's License Package showing Arras-Teck Strategic Alliance Areas as "Package A" and "Package B" as well as remaining Arras licenses (shown in blue) New High Priority Drill Targets Being Finalized: The Arras-Teck Strategic Alliance, along with Arras's independent exploration efforts, represented one of the most extensive greenfield copper-gold exploration programs in Kazakhstan in 2024. This work has further refined our understanding of the Bozshakol-Chingiz Magmatic Arc and led to the identification of high-priority drill targets, which we plan to test with drilling expected to commence in April this year. Summary of "Package A" Targets: Package A comprises seven exploration licenses spanning 1,397sq km, located 56 km northwest of Ekibastuz. It surrounds KAZ Minerals' Bozshakol copper-gold mine and covers the potential extension of the Bozshakol trend. Prior to Arras' 2024 exploration program, the area had undergone limited historic exploration. The property hosts several promising targets with diverse mineralization styles, including porphyry copper-gold, Volcanic-Hosted Massive Sulphide (VHMS), and orogenic gold. Priority Exploration Targets in "Package A" for 2025 Program: Taga-Ketti Target: The Taga-Ketti target is approximately 20 km to the east-northeast from the Bozshakol Mine and may be on the same structural trend. Wide spaced KGK drilling identified several diorite intrusions with anomalous geochemistry. The geophysical data show a high chargeability halo with a resistivity low at center over the target suggesting potential porphyry-style mineralization. The upcoming exploration program at Taga-Ketti target is planned to commence with a follow-up Induced Polarization ("IP") survey to further define drill targets for testing in Q3 2025. Shirderty Target: The Shirderty target is located on a large structural trend that runs parallel to the Bozshakol Mine trend. Wide-spaced (500m spacing) KGK drilling defined a large (2 km by 2 km) coincident geochemical anomaly associated with discrete annular magnetic targets and electromagnetic anomalies suggest the potential for porphyry-style mineralization at this target. At Shirderty, exploration will commence with an IP program to refine exploration targets, followed by drilling in Q2/Q3 2025. Pinta Target: The Pinta target is defined by a large copper soil anomaly coincident with large high amplitude EM anomalies. The area is covered with minimal outcrops, but minor moderately altered intrusions have been mapped in the area. An IP program is planned to define drill targets. Tort-Kuduk Target: The Tort-Kuduk Target is a porphyry Target defined by a coincident copper-molybdenum geochemical anomaly. Field mapping identified outcropping Quartz-feldspar porphyry with veining. The EM survey defined a strong conductivity anomaly stretching south from coinciding Mo-Cu Soil anomaly. The company is planning an IP program to better define drill targets for follow-up drilling. Summary of "Package B" Targets: consists of three exploration licenses covering 629.8 sq km, located approximately 90 km southeast of Ekibastuz. The geological setting is dominated by Devonian and Silurian-aged porphyritic andesites and basalts, which have been emplaced into tuffaceous sediments and conglomerates. Several diorite and granodiorite intrusions cut through these units, and the district is structurally controlled by a series of large northwest-southeast striking regional faults. The area hosts multiple mineralization styles, including Cu-Au porphyry systems, Orthomagmatic Nickel (Ni) sulphides, and Au-rich Volcanic-Hosted Massive Sulphide (VHMS) deposits. Priority Exploration Target in "Package B" for 2025 Program: Figure 3. Akkuduk License and exploration targets Besshoky Target: The Besshoky target is a poorly explored >20 sq km lithocap with coincident Cu-Mo-Se-Bi-As soil and IP chargeability anomalies. Surface mapping has identified a series of porphyritic andesites with tuffaceous conglomerates that have been intruded by a series of granites. The lithocap consists of strongly altered breccias with wide-spread secondary quartzites, with advanced argillic, phyllic and propylitic alteration. The lithocap is interpreted to represent the high part of a porphyry-epithermal system. The company is planning to drill the Besshoky lithocap to gauge its potential to host porphyry Cu-Mo mineralization and high-sulfidation epithermal Au mineralization. Darren Klinck, President of Arras Minerals commented, "The Arras-Teck Strategic Alliance made significant advances in 2024 and the systematic approach by the team has now generated a number of high-priority targets for follow-up and drill-testing this year. This 2025 program presents multiple opportunities to advance promising targets on our license package in a region with proven successful operating mines but limited modern exploration over the past three decades. With multiple new targets to be tested on the Strategic Alliance, combined with our planned Phase 2 program at Elemes, Arras is in a unique position to have a number of key catalysts to drive significant value over the next twelve months". References 1 Bozshakol Mine Reserves - Kaz Minerals 2020 annual report - 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). On behalf of the Board of Directors "Tim Barry" Tim Barry, MAusIMM CP(Geo) Chief Executive Officer and Director INVESTOR RELATIONS: +1 604 687 5800 info@ Further information can be found on: the Company's website or follow us on X (formerly Twitter): About Arras Minerals Corp. Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Elemes copper-gold porphyry project and 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 may sole fund a US$5 million generative exploration program over a portion of the Arras license package in 2024-2025. The Company's shares are listed on the TSX-V under the trading symbol "ARK" and on the OTCQB under the trading symbol "ARRKF". Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources: This press release uses the terms "measured resources", "indicated resources", and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. The Company advises U.S. investors that these terms are not recognized by the SEC. The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101. Cautionary note regarding forward-looking statements: This news release contains forward-looking statements regarding 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 plans and expectations of the exploration program Arras is in the process of undertaking, including the expansion of the Mineral Resource, and other aspects of the Mineral Resource estimates for the Beskauga project. 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 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 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. View the original press release on ACCESS Newswire

Arras Minerals Announces Plans to Drill Multiple Targets Identified Under Strategic Alliance
Arras Minerals Announces Plans to Drill Multiple Targets Identified Under Strategic Alliance

Yahoo

time26-02-2025

  • Business
  • Yahoo

Arras Minerals Announces Plans to Drill Multiple Targets Identified Under Strategic Alliance

VANCOUVER, BC / / February 26, 2025 / Arras Minerals Corp. (TSX-V:ARK)(OTCQB:ARRKF) ("Arras" or "Arras Minerals" or "the Company") is pleased to provide an update on the ongoing exploration program across 1,736 square kilometers ("sq km") of licenses that form the Arras-Teck Resources Limited ("Teck") Strategic Alliance. The Company is working with contractors to finalize contracts to initiate geophysical and drilling programs expected to commence in the second quarter. Highlights for the 2025 Arras-Teck Strategic Alliance Program Multiple copper and copper-gold drill targets identified from extensive 2024 field program +5,000m follow up diamond drill program planned on multiple targets Targeted 75 line-km Pole-Dipole Induced Polarization ("P-DP IP") program planned Arras (via its subsidiary) to continue to operate the program on behalf of Teck in 2025. Tim Barry, CEO of Arras Minerals commented, "The 2024 exploration program was a tremendous success, leading to the identification of multiple high-quality drill targets. Our team has been working hard to compile and interpret the vast amount of data collected with strong support from Teck to plan the follow up drill campaign on these targets in 2025. We're particularly excited with the range of targets that have been identified and we hope to replicate our recent success on our Elemes Project by making a new porphyry discovery in Kazakhstan". Figure 1. Arras's License Package showing Arras-Teck Strategic Alliance Areas as "Package A" and"Package B" as well as remaining Arras licenses (shown in blue) New High Priority Drill Targets Being Finalized: The Arras-Teck Strategic Alliance, along with Arras's independent exploration efforts, represented one of the most extensive greenfield copper-gold exploration programs in Kazakhstan in 2024. This work has further refined our understanding of the Bozshakol-Chingiz Magmatic Arc and led to the identification of high-priority drill targets, which we plan to test with drilling expected to commence in April this year. Summary of "Package A" Targets: Package A comprises seven exploration licenses spanning 1,397sq km, located 56 km northwest of Ekibastuz. It surrounds KAZ Minerals' Bozshakol copper-gold mine and covers the potential extension of the Bozshakol trend. Prior to Arras' 2024 exploration program, the area had undergone limited historic exploration. The property hosts several promising targets with diverse mineralization styles, including porphyry copper-gold, Volcanic-Hosted Massive Sulphide (VHMS), and orogenic gold. Priority Exploration Targets in "Package A" for 2025 Program: Name Target Notes Taga Porphyry Large chargeability anomaly with associated KGK Cu anomalies. Shirderty Porphyry Coherent Cu anomaly associated with annular magnetic targets. Tort Kuduk Porphyry Coincident Cu and Mo soil anomalies. Field review found quartz stockwork veining in silicified feldspar porphyry. Pinta Porphyry-Epithermal Large Cu soil anomaly. Figure 2. Package A Licenses and exploration targets Taga-Ketti Target: The Taga-Ketti target is approximately 20 km to the east-northeast from the Bozshakol Mine and may be on the same structural trend. Wide spaced KGK drilling identified several diorite intrusions with anomalous geochemistry. The geophysical data show a high chargeability halo with a resistivity low at center over the target suggesting potential porphyry-style mineralization. The upcoming exploration program at Taga-Ketti target is planned to commence with a follow-up Induced Polarization ("IP") survey to further define drill targets for testing in Q3 2025. Shirderty Target: The Shirderty target is located on a large structural trend that runs parallel to the Bozshakol Mine trend. Wide-spaced (500m spacing) KGK drilling defined a large (2 km by 2 km) coincident geochemical anomaly associated with discrete annular magnetic targets and electromagnetic anomalies suggest the potential for porphyry-style mineralization at this target. At Shirderty, exploration will commence with an IP program to refine exploration targets, followed by drilling in Q2/Q3 2025. Pinta Target: The Pinta target is defined by a large copper soil anomaly coincident with large high amplitude EM anomalies. The area is covered with minimal outcrops, but minor moderately altered intrusions have been mapped in the area. An IP program is planned to define drill targets. Tort-Kuduk Target: The Tort-Kuduk Target is a porphyry Target defined by a coincident copper-molybdenum geochemical anomaly. Field mapping identified outcropping Quartz-feldspar porphyry with veining. The EM survey defined a strong conductivity anomaly stretching south from coinciding Mo-Cu Soil anomaly. The company is planning an IP program to better define drill targets for follow-up drilling. Summary of "Package B" Targets: consists of three exploration licenses covering 629.8 sq km, located approximately 90 km southeast of Ekibastuz. The geological setting is dominated by Devonian and Silurian-aged porphyritic andesites and basalts, which have been emplaced into tuffaceous sediments and conglomerates. Several diorite and granodiorite intrusions cut through these units, and the district is structurally controlled by a series of large northwest-southeast striking regional faults. The area hosts multiple mineralization styles, including Cu-Au porphyry systems, Orthomagmatic Nickel (Ni) sulphides, and Au-rich Volcanic-Hosted Massive Sulphide (VHMS) deposits. Priority Exploration Target in "Package B" for 2025 Program: Name Target Notes Besshoky Porphyry- Epithermal Broad Cu-Au-Ag-Mo-As-Pb-Zn soil anomaly with coincident IP. Silicified lithocap mapped at surface with tourmaline breccias. Figure 3. Akkuduk License and exploration targets Besshoky Target: The Besshoky target is a poorly explored >20 sq km lithocap with coincident Cu-Mo-Se-Bi-As soil and IP chargeability anomalies. Surface mapping has identified a series of porphyritic andesites with tuffaceous conglomerates that have been intruded by a series of granites. The lithocap consists of strongly altered breccias with wide-spread secondary quartzites, with advanced argillic, phyllic and propylitic alteration. The lithocap is interpreted to represent the high part of a porphyry-epithermal system. The company is planning to drill the Besshoky lithocap to gauge its potential to host porphyry Cu-Mo mineralization and high-sulfidation epithermal Au mineralization. Darren Klinck, President of Arras Minerals commented, "The Arras-Teck Strategic Alliance made significant advances in 2024 and the systematic approach by the team has now generated a number of high-priority targets for follow-up and drill-testing this year. This 2025 program presents multiple opportunities to advance promising targets on our license package in a region with proven successful operating mines but limited modern exploration over the past three decades. With multiple new targets to be tested on the Strategic Alliance, combined with our planned Phase 2 program at Elemes, Arras is in a unique position to have a number of key catalysts to drive significant value over the next twelve months". References 1Bozshakol Mine Reserves - Kaz Minerals 2020 annual report - 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). On behalf of the Board of Directors "Tim Barry" Tim Barry, MAusIMM CP(Geo)Chief Executive Officer and Director INVESTOR RELATIONS:+1 604 687 5800info@ Further information can be found on: the Company's website or follow us on LinkedIn: or follow us on X (formerly Twitter): About Arras Minerals Corp. Arras is a Canadian exploration and development company advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Elemes copper-gold porphyry project and 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 may sole fund a US$5 million generative exploration program over a portion of the Arras license package in 2024-2025. The Company's shares are listed on the TSX-V under the trading symbol "ARK" and on the OTCQB under the trading symbol "ARRKF". Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources: This press release uses the terms "measured resources", "indicated resources", and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. The Company advises U.S. investors that these terms are not recognized by the SEC. The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101. Cautionary note regarding forward-looking statements: This news release contains forward-looking statements regarding 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 plans and expectations of the exploration program Arras is in the process of undertaking, including the expansion of the Mineral Resource, and other aspects of the Mineral Resource estimates for the Beskauga project. 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 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 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. SOURCE: Arras Minerals Corp. View the original press release on ACCESS Newswire Sign in to access your portfolio

Shakopee police reports: man cited in connection with stealing Nutter Butters
Shakopee police reports: man cited in connection with stealing Nutter Butters

Yahoo

time07-02-2025

  • Yahoo

Shakopee police reports: man cited in connection with stealing Nutter Butters

The Shakopee Police Department responded to and provided summaries for the following incidents March 25 to April 5. The Valley News does not include a comprehensive list of calls to which the department responded. Incidents are included here based on severity, impact on public safety or other factors. A burglary was reported in the 3600 block of Marschall Road at 4:51 p.m. when firearms valued at $1,000 were reported stolen from the residence. Officers responded to reports of an assault in the 1100 block of Kensington Drive at 1:02 p.m. Officers found two juveniles arguing, and did not issue citations. A burglary was reported at Light of the World Church, 502 First Ave., at 7:33 p.m. The police department said there was an unknown amount of cash missing as well as damage to the church's door lock. A criminal sexual conduct case was reported to the police department at 9:08 p.m. The case was forwarded to Scott County Attorney's Office for charges. The Shakopee Police Department did not provide any additional information, such as the location of the incident, citing data privacy laws. A theft was reported at Target at 9:17 a.m. Shakopee Police Capt. Jason Arras said a cell phone was stolen from the store, and a citation was issued to the suspect. Officers responded to a residential burglary at Arbor Landing Apartments, 560 Gorman St., at 9:25 a.m. Arras said a maintenance locker was broken into, and $130 worth of maintenance tools was stolen. A storage garage burglary was reported in the 2400 block of Mystic Lake Drive at 10:19 a.m. About $2,000 worth of tools and equipment was stolen from the garage, including an air compressor, an air hose and a panel steel door. A 25-year-old Shakopee man was arrested in connection with fifth-degree domestic assault in the 100 block of Lewis Street at 1:21 a.m. The victim suffered minor injuries. License plates were stolen from a motor vehicle at Lowe's, 4210 Dean Lakes Blvd., at 2:15 p.m. There are no suspects at this time. A 24-year-old man from Minneapolis was cited in connection with theft at Kwik Trip for allegedly stealing a box of Nutter Butters. A television was stolen from Walmart, 8101 Old Carriage Court, at 1:50 p.m. The suspect is unknown, and the camera quality is grainy, Arras said.

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