Saguenay, November 22, 2010. The management of Arianne Resources Inc. (« Arianne » or « Company ») has retained RBL Communications (“RBL”) as its investor relations consultant. The Company selected RBL to help increase its exposure to new investors through social media marketing, interviews and webcasts. The agreement with RBL is for a 12month term with a monthly fee of $1,950 to be paid by Arianne. The board has granted RBL 100,000 stock options priced at $0.19 per share, expiring November 15, 2011. The stock options will vest on a quarterly basis. In accordance with the company’s stock option plan and TSX Venture Exchange Policy 4.4, these options will expire 30 days following the termination date.
This appointment is subject to the approval of the TSX Venture Exchange.
The Company has also issued 137,931 common shares of the Company to a director for rendered services for an amount of $20,000. This transaction was approved by the TSX Venture Exchange.
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.