Arras Minerals Announces Grant of Stock Options
ARRAS MINERALS ANNOUNCES GRANT OF STOCK OPTIONS
September 23, 2022 TSX‐V: ARK
VANCOUVER, B.C. – Arras Minerals Corp. (TSXV: ARK) (“Arras” or the “Company) announces the grant
of stock options to an independent director.
The Company’s Board of Directors has authorized, pursuant to its Equity Incentive Plan, the grant of
300,000 stock options (“Options”) to an independent director, effective at the close of trading on
September 22, 2022 (“Grant Date”). Each Option entitles the independent director to purchase one
common share (each, a “Share”) in the capital of the Company. The Options were awarded at an exercise
price of C$0.35 per Share for a five‐year term. The Options vest over 3 years, with 1/3 of the Option vesting
immediately, 1/3 vesting on September 22, 2023 and 1/3 vesting on September 22, 2024.
About Arras
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’s shares are listed on the TSX‐V under the trading symbol “ARK”.
On behalf of the Board
“Timothy Barry”
Tim Barry, MAusIMM (CP(Geo))
Chief Executive Officer and Director
INVESTOR RELATIONS:
+1 604 687 5800
Further information can be found on the Company’s website https://www.arrasminerals.com or follow
us on LinkedIn: https://www.linkedin.com/company/arrasminerals
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.