Press Releases

Arianne Resources to renew its shareholder rights plan

Renewal of the Plan will be submitted for voting at the next Annual shareholders meeting on June 19, 2012. The Plan encourages fair treatment of shareholders should a take-over bid be made for Arianne, and will provide the Board of Directors of Arianne (the “Board”) and the Shareholders more time to consider an unsolicited take-over bid for Arianne.

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New mineralized sectors for the Lac-a-Paul project

On March 20th 2012, the Company announced results for drillings in PaulZone, which is now over 2 km in length. This winter, we did some exploratory drillings in new high potential sectors in order to validate our geological models and our field data. Those drillings were highly successful as significant phosphate mineralizations were found.

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Appointment of Jean-Sebastien David as vice-president operations

In this new role, Mr. David will be responsible for completion of Environmental and Social Impact Baseline Studies and Impact Assessments, oversight of the Lac a Paul Bankable Feasibility Study and acquisition of necessary Environmental and Mine Development Permits through the BAPE process.

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Arianne Resources appoints new chief financial officer

Effective May 1, 2012. Mr. Lindsay replaces Luc Boivin, interim CFO since December 2011. Bernard Lapointe, CEO of the Company, expressed his thanks to Mr. Boivin for his handling of the Company’s financial affairs during this transition period.

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Winter drill program confirms extension of Paul zone over 2 km

Since fall 2011, 34 holes have been drilled on the Paul Zone. The results of 11 of these (including PAU-11-62) were announced in the press release of December 12, 2011. Analytical results are now available for 23 other holes (PAU-11-59 to 11-61 and Pau 11-63 to 12-82).

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Lac a Paul phosphate rock project: Federal and provincial governments announce financial commitments to improving road, rail and port infrastructure of northern Quebec

On February 21, Serge Simard, Quebec Minister of Natural Resources and Wildlife, announced an investment of $10 million from the Quebec government to connect the Port of Saguenay to the existing rail network. “This improvement in infrastructure could play an important part in positioning Port of Saguenay for development of Plan Nord. Everyone agrees that a rail link is needed to develop the North.

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Thomas J. Regan Jr to join Arianne Resources as strategic consultant

Mr. Regan was President of PCS Phosphate and PCS Nitrogen (both subsidiaries of Potash Corp.) when he retired last summer. He joined PCS Phosphate in 1995 as Vice President, Administration, following its acquisition from Texasgulf Inc., where he served as Vice President of International Marketing and Raw Material Purchasing.

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