Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE:DAN) (FRANKFURT:JE9N) (OTCBB:DRRSF) is pleased to announce that new exploration drilling commenced on February 3rd on the Lac à Paul property and will continue through the end of March 2014.
Category Archive: Arianne Phosphate Inc.
Arianne Phosphate Engages National Bank Financial Inc. and Wells Fargo Securities Canada, Ltd. as Exclusive Financial and Strategic Advisors
Arianne Phosphate (TSX VENTURE:DAN) announced today it has engaged National Bank Financial Inc. and Wells Fargo Securities Canada, Ltd. as its exclusive financial and strategic advisors to assist the Company in undertaking a structured and formal review of its financing alternatives as the Company enters the next phase of its development of the Lac á Paul Phosphate Rock Project.
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SAGUENAY, QUÉBEC–(Dec. 20, 2013) - 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.
About Arianne Phosphate
Arianne (www.arianne-inc.com) is developing the Lac à Paul Phosphate Rock Mine located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. This mine will produce a high quality igneous apatite concentrate grading 38.6% P2O5 with little or no contaminants. The Company has 84.2 million shares outstanding.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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December 20, 2013
Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) is pleased to announce it plans to raise approximately $1.17 million in flow through common shares (the “Flow-Through Shares”) for the Company before the end of this year.
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