Additional Agreement No. 3 to the LOAN AGREEMENT dated 20 August 2020

Exhibit 4.3.1

Additional Agreement No. 3

to the LOAN AGREEMENT

dated 20 August 2020

30 June 2021

Arras Minerals Corp., company established in accordance with the the laws of the Province of British Columbia, Canada, entity No. BC1287773, located at: Xxxxx 0000, 000 Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxx, X0X 0X0, represented by CFO Mr. Xxxxxxxxxxx Xxxxxxxx, acting on basis of the Articles, hereinafter referred to as the “Creditor”, on one part, and Ekidos Minerals LLP, a limited liability partnership established in accordance with the laws of the Republic of Kazakhstan, BIN 191040035309, located at: Republic of Xxxxxxxxxx, Xxxxxx, 000000, Xxxxxxxx Xxxxxx 000, Xxxxxx 0, Xxxxxx, represented by Director, Xxx. Xxxx Xxxx, acting on the basis of the Charter, hereinafter referred to as the “Debtor”, on the other part, hereinafter collectively referred to as the “Parties” and individually as “Party”, have concluded this Additional Agreement No. 3 to the Loan Agreement dated 20 August 2020 (hereinafter – the “Agreement”) as follows:

1. Clause 3.1 of Section 3 of the Agreement to revised as follows:

“The repayment of the amount of the Loan specified in this Agreement shall be made by the Debtor on or before 30 November 2021”.

2. In all other matters that are not regulated by the terms of this Additional Agreement #3, the Parties are guided by the provisions of the Agreement.

3. This Additional Agreement #3 enters into force on the date of its signing.

SIGNATURES AND REQUISITES OF THE PARTIES:

On behalf of the Creditor

Arras Minerals Corp.

/s/ Xxxxxxxxxxx Xxxxxxxx      

On behalf of the Debtor

Ekidos Minerals LLP

/s/ Xxxx Xxxx       

Xxxx Xxxx

Director