Press Releases

Arianne Phosphate signs an agreement in principle with the Port of Saguenay for the construction and use of a north shore facility

Arianne Phosphate is pleased to announce that it has reached an agreement in principle with the Port of Saguenay (the “Port”) regarding the future site of a maritime loading facility on the north shore of the Saguenay River. This Agreement will allow for both the Company and the Port to finalize details surrounding the costs, construction and operations of the facility from which, Arianne will be shipping its phosphate concentrate globally.

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Technological innovation and artificial intelligence will provide for increased operational safety at the Arianne Phosphate project

a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, is pleased to announce significant advancements in the design of its future tailings facility. Arianne partnered with the Quebec Center of Geomatics (CGQ), to advance research and development on a new method for the design and future monitoring of the Company’s tailings operations.

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Arianne Phosphate reaches agreement to significantly reduce its debt and extends its credit facility on much improved terms

Arianne Phosphate is pleased to announce that it has entered into an Agreement with its senior secured lender Mercury Financing Corp. (“Mercury” or the “Lender”) by which the Lender has agreed to exercise its 26,780,000 warrants that it currently holds, thereby reducing the amount owed under the credit facility by roughly $6.6M to $24.9M (the “Loan”).

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