Press Releases

Arianne Begins R&D Effort to Integrate Aluminum into its Truck Trailers

Arianne is proud to announce the start of research and development work to integrate aluminum in the design of the trailer that will transport the phosphate concentrate from the Lac à Paul mine to the deep-water port that will be located in Sainte-Rose-du-Nord. -Efforts should reduce costs and environmental impact of phosphate concentrate transportation.

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Arianne Extends Warrant Terms

Arianne announced today, subject to regulatory approval, the extension on the term of 1,217,500 common share purchase warrants (“Warrants“) issued as part of a private placement which closed on July 29, 2013 for gross proceeds of $2,678,500.

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ARIANNE CLOSES ON ITS PREVIOUSLY ANNOUNCED AMENDED CREDIT FACILITY

Arianne Phosphate has closed on its previously announced (see Press Release dated December 8, 2017) amended and extended secured credit facility. The credit facility is in the amount of $19,472,638. Maturity of the facility will be January 15, 2019 and amends the present facility that was set to mature December 31, 2017.

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