Press Releases

Arianne Phosphate Welcomes BAPE Report on Lac à Paul Mine

Arianne Phosphate today issued the following statement commenting on the favorable independent report released by the Bureau d’audiences publiques sur l’environnement (BAPE) on the company’s Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region.

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Arianne Phosphate Secures an Expanded Credit Facility - Facility Now Up to $18.75 Million; Maturity Extended by two years

Arianne has secured an expanded Credit Facility from existing lenders now totaling $18.75 Million. The increased facility will be used to supplement its current facility of $12.5 Million (plus any accrued interest) that is already in place. As well, the facility which was set to mature on December 31, 2015, has now been extended by two years to December 31, 2017. The additional amount can be drawn down as required by the Company.

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Arianne Extends the Term of Warrants

Arianne announces, subject to regulatory approval, the extension of 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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