Press Releases

Arianne Phosphate Grants Stock Options

The Board of Directors of Arianne Phosphate Inc. (the “Company” or “Arianne”) (TSX VENTURE: DAN) (FRANKFURT: JE9N) (OTCBB: DRRSF) is pleased to announce the grant of 295,000 stock options to Directors and Officers pursuant to its stock option plan and subject to regulatory approval. The stock options are exercisable for a term of 10 years at an exercise price of $1.32 per share.

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Arianne Closes $3.2 Million Private Placement

Arianne Phosphate Inc. is pleased to announce that it has closed the previously announced private placement (see press release of the Company dated December 3, 2013). In total, Arianne issued 1,790,952 flow-through shares at a price of $1.80 per flow-through share for total proceeds of Cdn$3,223,714. The Company increased the offering by $2,056,714 in light of high demand.

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Arianne Phosphate announces $ 1.17 million flow-through financing

Brian Kenny, Chief Executive Officer of the Company, said: “Though a limited financing, it reflects the continued support of the financial markets and our existing shareholders in the Project. Investors continue to show their enthusiasm towards the development of the world class Lac a Paul Phosphate Rock Mine.”

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Arianne Phosphate Inc. extends the term of certain warrants

Each of the Warrants, which were part of the units being issued, entitled its holder to purchase one common share of Arianne (“Common Share”) at an exercise price of $1.50 per Common Share expiring on April 29, 2013. In Spring 2013, the exercise price of the Warrants was amended to $1.24 per Common Share and their term extended to September 25, 2013 (see press release of March 20th, 2013, and press release of April 16th, 2013).

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Pierre Fitzgibbon joins Arianne Phosphate’s board

Pierre Fitzgibbon has 25 years’ experience in Finance, Mergers and Acquisitions and Strategic planning in Canadian and international markets. He is currently the President and Chief Executive Officer and serves on the board of Atrium Innovations Inc. Prior to that Pierre worked with National Bank of Canada as Chief Financial Officer and was Vice Chairman Corporate and Investment Banking at National Bank Financial.

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