Arras Minerals Announces Voting Results of Annual and Special Meeting of Shareholders
ARRAS MINERALS ANNOUNCES VOTING RESULTS OF
ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
April 30, 2025 TSX-V: ARK
Vancouver, British Columbia – Arras Minerals Corp. (TSX- V: ARK) ( “Arras” or “the Company”) is
pleased to announce the detailed voting results of the proposals considered at its annual and special
meeting of shareholders held on April 29, 2025 (the “Meeting”). A total of 31,113,266 or 30.8% of the
Company’s issued and outstanding shares as of the record date were represented at the Meeting.
The Company’s shareholders have voted to set the number of directors to seven (7) ( 30,936,522 or
99.4% voted “For”, and 176,565 or 0.6% voted “Against”).
The following nominees, as listed in Arras’ management information circular, were elected as directors
of the Company:
Director Votes For % Withheld Votes %
Brian Edgar 27,157,781 99.8% 45,886 0.2%
Timothy Barry 27,146,211 99.8% 57,636 0.2%
Darren Klinck 27,146,723 99.8% 57,124 0.2%
G. Wesley Carson 27,145,922 99.8% 57,925 0.2%
Daniel Kunz 27,153,661 99.8% 50,186 0.2%
Vera Kobalia 27,141,384 99.8% 62,463 0.2%
Christian Milau 27,145,673 99.8% 58,174 0.2%
The Company’s shareholders have ratified and approved the appointment of Smythe LLP as the
Company’s auditors, for the fiscal year ending October 31, 2025 (31,091,715 or 99.9% voted “For” ,
and 21,551 or 0.1% abstained from voting).
Arras is also pleased to announce that the Company’s shareholders have re -approved of certain
amendments to the Company’s equity incentive plan, to, among other things, alter the plan to a 10%
rolling plan (26,916,373 or 98.9% voted “For”, and 287,294 or 1.1% voted "Against”).
Full details of the proposals are fully described in the Company’s management information circular
filed on March 28, 2025 available on SEDAR at www.sedarplus.ca.
Issuance of DSUs
The Company has granted an aggregate of 39,498 deferred share units ("DSU") to certain independent
directors at a price of C$0.7754 per DSU. The DSUs were granted in consideration for services rendered
by the directors for the quarter ended April 30, 202 5, in lieu of cash . The DSUs were granted in
accordance with the Company's Equity Incentive Plan and were priced based on the volume weighted
average price of the Company's common shares on the TSX Venture Exchange for the last five trading
days immediately preceding the grant date. T his is the initial grant of DSUs to the Company’s
independent directors.
2
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
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 or
• follow us on X (formerly Twitter): https://twitter.com/arrasminerals
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’ 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 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.