This world-class project will provide security of supply to the leading North American, European and Asian markets. The project is the most significant undeveloped phosphate deposit globally. It will add many years of mine life through the production of high-grade concentrate. Strategically located in Quebec, Lac à Paul provides excellent access to infrastructure, a tier 1 mining jurisdiction, and a premium concentrate with initial offtake and marketing agreements already in place. Fully permitted and construction-ready, with significant improvements since 2013 FS, this project will create 1,000 jobs during operation and will contribute $12 billion in economic benefit to the region.
SAGUENAY, QUEBEC – (March 31 , 2025) – Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: 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, today is announcing that it will issue 10,824,601 common shares at a price of $0.1809 per share, in lieu
Since our inception, we have embraced innovation and growth. Key milestones mark our path, showcasing our commitment to excellence and progress. Each event has shaped our journey, reflecting our evolution and dedication to our mission.
Arianne Phosphate has received the ministerial decree and final approval from the Quebec government for its Lac à Paul project, thus obtaining the necessary permits to begin construction.
Port Saguenay receives a favorable decision for the construction of a maritime terminal on the North Shore of the Saguenay River, which will allow Arianne to ship its phosphate concentrate worldwide.
The company obtains permits for the construction of a 46 km power line and a substation connecting the Lac à Paul project to the Chute-des-Passes dam, thereby ensuring the site's electricity supply.
Arianne announces positive results regarding the use of its phosphate concentrate in advanced battery technologies, particularly lithium iron phosphate (LFP) batteries, thus expanding its opportunities beyond fertilizers.
The governments of Quebec and Canada are adding phosphate to their respective lists of critical minerals, recognizing its strategic importance, particularly for LFP batteries.
The company publishes positive results from its prefeasibility study for a purified phosphoric acid (PPA) production plant in the Saguenay region, aiming for a maximum annual production capacity of 350,000 tons of battery/food grade PPA.
Arianne receives a strategic investment in the form of an unsecured convertible debenture from a major global mining company, aimed at financing the advancement of its phosphoric acid project.
