Latest news about Arianne Phosphate
ARIANNE PHOSPHATE MAKES ANNUAL INTEREST PAYMENT ON ITS CREDIT FACILITY
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
The most advanced phosphate mining project
A Brief History of Milestones and Achievements
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.
December 2015
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.
October 2018
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.
May 2019
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.
November 2021
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.
January and june 2024
The governments of Quebec and Canada are adding phosphate to their respective lists of critical minerals, recognizing its strategic importance, particularly for LFP batteries.
June 2024
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.
October 2024
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.