08:29:45 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Arianne Phosphate Inc
Symbol DAN
Shares Issued 196,809,271
Close 2023-12-28 C$ 0.245
Market Cap C$ 48,218,271
Recent Sedar Documents

Arianne Phosphate moves corporate headquarters

2023-12-29 11:38 ET - News Release

Mr. Raphael Gaudreault reports

ARIANNE PHOSPHATE MOVES CORPORATE HEADQUARTERS

Arianne Phosphate Inc. has moved its corporate headquarters to 901 Boulevard Talbot, suite 302, Chicoutimi, Que., Canada, G7H 6N7.

"The Saguenay is home to us," said Raphael Gaudreault, COO of Arianne Phosphate. "Our project is situated north of the city where it has access to world-class infrastructure, including hydroelectricity and oversized haul roads. In addition, we have strong support from the local stakeholders, all levels of government and access to a highly skilled workforce, all of which had allowed our Company to gain its permits and advance it's Lac a Paul project. Today our project is the world's largest independent greenfield phosphate deposit, capable of producing a very high-purity, low contaminant concentrate ideal for use in fertilizers as well as more advanced applications such as the LFP battery."

In addition, Arianne today has announced the granting of 590,000 stock options to its senior management and directors. These stock options entitle its holders to purchase one common share of the Company until December 29, 2033, at a price of $0.245 per share, this being the closing price of the Company's shares on the trading day preceding the date of the grant. These options are all subject to respective vesting periods and subject to regulatory approval.

About Arianne Phosphate:

Arianne Phosphate ("Arianne Phosphate Inc.") (www.arianne-inc.com) is developing the Lac a Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high-quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants (Feasibility Study released in 2013). The Company has 196,809,271 shares outstanding.

Qualified Person

Raphael Gaudreault, eng., Qualified Person by NI 43-101, has approved this release. Mr. Gaudreault is also the Company's Chief Operating Officer.

We seek Safe Harbor.

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