Press Releases

Arianne closes $2.5m credit facility and $3.55m private placement

“Closing these transactions is a significant step forward for Arianne and the development of our world-class Lac à Paul phosphate deposit,” said Brian Kenny, CEO of the Company. “As we near the final stage of the Feasibility Study, this current round of financing allows us to gear up for the permitting process and undertake other key activities that move the project forward.”

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Arianne arranges $ 7.5 million in financing

“These transactions are a significant step forward for Arianne and the development of our world-class Lac à Paul phosphate deposit,” said Brian Kenny, CEO of the Company. “As we near the final stage of the Feasibility Study, this current round of financing allows us to gear up for the permitting process and undertake other key activities that move the project forward.”

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Arianne Phosphate files its environmental impact assessment for the Lac a Paul project

This environmental impact assessment includes, in particular, initiatives proposed with regard to sustainable development, communication and relationships with the community, the method of identifying and assessing potential impacts and the analysis of those impacts. Now that the environmental impact assessment has been filed with the MDDEFP, Québec authorities will begin the analysis and discussion process with Arianne.

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Brian Kenny appointed ceo of Arianne Phosphate

Brian is a seasoned project development executive, having most recently overseen the development and completion of the 7B$ EMAL smelter project in Abu Dhabi and directed more than $10 billion in development projects in Saudi Arabia, Western Algeria, and Kazakhstan over 5 years with Dubai Aluminium Co Ltd. As Project Director, Brian managed all technical, legal, financial and environmental aspects of the projects.

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Steven L. Pinney joins Arianne Phosphate’s board

Mr. Pinney is a 32-year veteran of the Mosaic Company and Cargill Inc., having served in various mining and operations roles from production management to President of Cargill Fertillizer, then finishing his career at Mosaic as Senior Vice President of Phosphates and Supply Chain for a business unit with $4.5 billion in annual revenue.

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Arianne Phosphate grants stock options

Each Option entitles the holder to purchase one common share of the Company until June 3, 2023 at a price of $1.25 per share, being the closing price of the the Company’s shares on the trading day preceding the date of grant. The Options are subject to a three year vesting period under the Plan and the Policy, and are also subject to regulatory approval.

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Arianne Resources officially becomes Arianne Phosphate Inc.

During the annual & special general assembly of shareholders held in Montreal, Québec on May 29, Messrs. James Cowley, Luc Boivin, Marco Gagnon, David J. DeBiasio, Guthrie J. Stewart and Siva Jothie Pillay were elected to the Board of Directors.

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Pilot-scale metallurgical test confirms 39% p2o5 product with 90% recovery

With completion of its Validation of Apatite Flowsheet Using Column Flotation Report, Corem, of Québec City, (Québec) has demonstrated that the Paul Zone ore can be processed with this commonly-used technology to achieve superior product quality at a very high recovery rate, well surpassing the quality and recovery of most phosphate rock mines worldwide.

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