Arianne and Rio Tinto in Discussions on Maritime Transport DAN: TSXV (Canada) JE9N: FSE (Germany) DRRSF: OTC (USA)
Arianne and Rio Tinto in Discussions on Maritime Transport
DAN: TSXV (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, Jan 25, 2017 /CNW Telbec/ Arianne Phosphate (the "Company" or "Arianne") (TSXV: DAN) (OTC:
DRRSF) (FRANKFURT: JE9N), a developmentstage phosphate mining company, advancing the Lac à Paul project in Quebec's
SaguenayLacSaintJean region, is pleased to announce the signing of a project agreement with Rio Tinto to review potential
maritime services sharing. This project agreement provides for discussions focused on Arianne's use of ships serving Rio Tinto
to deliver phosphate concentrate to international markets.
"This partnership would minimize the environmental impact of our transport on the Saguenay River by fully maximizing the use
of these Rio Tinto ships. Currently used for conveying commodities to their facilities, these vessels could eventually leave the
Saguenay River loaded with Arianne's phosphate rock concentrate," said JeanSébastien David, Chief Operating Officer of
Arianne. This kind of partnership ties in with Arianne's ongoing efforts to reduce the environmental impact of its Lac à Paul
project, as well as enhancing the project's economics. "Together, we would be able to lessen the environmental footprint by
optimizing transport activity on the Saguenay River and ensure maritime traffic synergy."
"We are at a preliminary stage, but discussions with Arianne Phosphate will allow us to assess the possibility of using the
maritime transport already in place for our operations to promote economic development in the region," said JeanFrançois
Nadeau, manager, Complexe Jonquière, which includes, the Rio Tinto Port Facilities. "Each year, Rio Tinto's Port Facilities
accommodate about 120 ships loaded with raw materials such as bauxite and alumina."
This project agreement also focuses on the sharing of common services such as ship towing on the Saguenay River.
Discussions will continue during the year as both parties have as potential objective to conclude an agreement and, to look at
other opportunities surrounding the synergy of assets.
About Arianne Phosphate
Arianne Phosphate ("Arianne Phosphate Inc.") (www.arianneinc.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 97,648,080 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.
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 "forwardlooking statements" and "forwardlooking information" within the meaning of applicable
securities regulations in Canada and the United States (collectively, "forwardlooking information"). Forwardlooking 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, forwardlooking 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. Forwardlooking information is subject to 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 forwardlooking 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. Forwardlooking 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 approvals, 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 forwardlooking information, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance that such forwardlooking information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such forwardlooking information.
Accordingly, readers should not place undue reliance on forwardlooking information. Forwardlooking information is made as of
the date of this press release, and the Company does not undertake to update such forwardlooking information except in
accordance with applicable securities laws.
SOURCE Arianne Phosphate Inc.
To view this news release in HTML formatting, please use the following URL:
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%SEDAR: 00003556E
For further information: Source: JeanSébastien David, C.O.O., Tel. : 4185497316, j.s.david@arianneinc.com; Info:
Brian Ostroff, C.E.O., Tel. : 5149084202, brian.ostroff@arianneinc.com; Medias: Joëlle Brodie, Tel. : 4185497316,
joelle.brodie@arianneinc.com
CO: Arianne Phosphate Inc.
CNW 07:30e 25JAN17