SAGUENAY, QC, Feb. 22, 2024 /CNW/ – Arianne Phosphate (the “Company” or “Arianne”)
(TSXV: DAN) (OTCQX: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining
company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, is pleased
to announce that it will participate at the CRU Phosphates 2024 Conference, to be held February 26-
28 in Warsaw, Poland. The event is an annual occurrence and allows industry leaders to meet and
get updated on industry trends, technology and overall macro factors affecting the phosphate sector.
This year, Arianne has been invited to present a talk entitled “LFP Batteries: Advantages & Future
Prospects” as well as participate on a panel discussion on the challenges and opportunities facing
project developers. The Conference will allow Arianne an opportunity to highlight its fully-permitted,
advanced staged, Lac à Paul Project in Québec, Canada and to update the Company’s recent news
regarding a purified phosphoric acid plant.
“Phosphate continues to gain awareness as a critical mineral,” said Brian Ostroff, President of
Arianne. “Aside from the usual discussions surrounding agriculture and overall macro, the LFP will
be a major topic at the Conference. Industry analysts have highlighted the pending shortage in PPA
and Arianne’s recent news regarding a PPA plant, I’m sure, will make for some interesting
conversations. Additionally, the fact that Quebec has placed phosphate on its critical minerals list,
will also enhance these conversations as industry players look to secure their necessary
requirements.”
About Arianne Phosphate:
Arianne Phosphate (“Arianne Phosphate Inc.”) (www.arianne-inc.com) is developing the Lac à Paul
phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area
of Quebec, Canada. These deposits will produce a high-quality igneous apatite concentrate grading
39% P2O5 with little or no contaminants (Feasibility Study released in 2013). The Company has
196,809,271 shares outstanding.
Qualified Person
Raphael Gaudreault, eng., Qualified Person by NI 43-101, has approved this release. Mr.
Gaudreault is also the Company’s Chief Operating Officer.
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.
Follow Arianne on:
Facebook: https://www.facebook.com/ariannephosphate
Twitter: http://twitter.com/arianne_dan
YouTube: http://www.youtube.com/user/ArianneResources
Flickr: http://www.flickr.com/photos/arianneresources
Resource Investing News: http://resourceinvestingnews.com/?s=Arianne
Cautionary Statements Regarding Forward Looking Information
This news release contains “forward-looking statements” and “forward-looking information”
within the meaning of applicable securities regulations in Canada and the United States
(collectively, “forward-looking information”). Forward-looking information includes, but is
not limited to, anticipated quality and production of the apatite concentrate at the Lac à Paul
project. Often, but not always, forward-looking information can be identified by the use of
words such as “plans”, “expects, “is expected”, “budget”, “scheduled”, “estimates”,
forecasts”, “intends”, “anticipates”, or “believes”, or the negatives thereof or variations of
such words and phrases or statements that certain actions, events or results “may”, “could”,
“would”, “might”, or “will” be taken, occur or be achieved. Forward-looking information is
subject to be known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward-looking information,
including but not limited to: volatile stock price; risks related to changes in commodity
prices; sources and cost of power facilities; the estimation of initial and sustaining capital
requirements; the estimation of labour and operating costs; the general global markets and
economic conditions; the risk associated with exploration, development and operations of
mineral deposits; the estimation of mineral reserves and resources; the risks associated with
uninsurable risks arising during the course of exploration, development and production;
risks associated with currency fluctuations; environmental risks; competition faced in
securing experienced personnel; access to adequate infrastructure to support mining,
processing, development and exploration activities; the risks associated with changes in the
mining regulatory regime governing the Company; completion of the environmental
assessment process; risks related to regulatory and permitting delays; risks related to
potential conflicts of interest; the reliance on key personnel; financing, capitalization and
liquidity risks including the risk that the financing necessary to fund continued exploration
and development activities at Lac à Paul project may not be available on satisfactory terms,
or at all; the risk of potential dilution through the issue of common shares; the risk of
litigation. Forward-looking information is based on assumptions management believes to be
reasonable at the time such statements are made, including but not limited to, continued
exploration activities, no material adverse change in commodity prices, exploration and
development plans proceeding in accordance with plans and such plans achieving their
stated expected outcomes, receipt of required regulatory approval, and such other
assumptions and factors as set out herein. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in
the forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such forward-looking
information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such forward-looking information. Accordingly, readers
should not place undue reliance on forward-looking information. Forward-looking
information is made as of the date of this press release, and the Company does not
undertake to update such forward-looking information except in accordance with applicable
securities laws.
