ARIANNE PHOSPHATE ANNOUNCES ELECTION RESULTS OF ITS 2017 ANNUAL GENERAL MEETING BOARD OF DIRECTORS REELECTED

SAGUENAY, QUEBEC – (June 22, 2017) – Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, announced that Arianne shareholders have reelected Messrs. Jean Lamarre, Dominique Bouchard, Brian Ostroff, James Cowley, David DeBiasio, Marco Gagnon, Siva Pillay and Steven Pinney as directors of the Company during the Annual General Meeting of Shareholders of the Company held on June 21, 2017 in Montreal.

“We have had a very busy and productive first six months of the year as Lac à Paul continues to move towards development,” said Brian Ostroff, CEO of Arianne. “During the first half of 2017, we have seen numerous MoUs and agreements concluded which should help to propel our project and unlock some of the enormous value that we are sitting on. I want to thank the team, our stakeholders and our investors for their continued support without whom, none of this would be possible.”

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. The Company has 100,530,580 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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