Mr. Bernard Lapointe, Chairman and CEO of Arianne Resources Inc.. (the “Company”) announces the departure of Ms Lucie Hébert.
Ms. Hébert, C.A. was Chief Financial Officer of the Company for the past 3 years and has decided to leave to devote herself to her private practice. On behalf of the Company and the Board I would like to thank Lucie for her years of valuable service with the Company, especially during its early period of development.
For financial records and reporting the Company continues to be well served by the accounting services of Élise Hébert-Tremblay, C.G.A. The Board and Senior Management have begun a search for a replacement who will bring additional skills and experience to the team as it plans to move forward with the development of the Lac à Paul project. In the meantime, Mr. Luc Boivin, director of the Company, will act as interim Chief Financial Officer. Mr. Guthrie Stewart, a recently appointed Board member, will replace Mr. Boivin as a member of the Audit Committee of the Board
Canada Phosphate ( www.canadaphosphate.com ), a full Arianne Resources subsidiary, processes the phosphorus-titanium deposits found at Lac à Paul. The deposits are converted into high quality igneous apatite grading nearly 39 % P2O5 with little or no contaminants. Ressources d’Arianne (www.arianne-inc.com) is a Canadian mining exploration company whose primary mission is to explore and develop gold, silver, and other metal deposits in Canada and Mexico. The Company owns 66 M market shares outstanding.