Arianne Extends Warrant Terms DAN: TSX-V (Canada) JE9N: FSE (Germany) DRRSF: OTC (USA)
Arianne Extends Warrant Terms
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, Jan. 19, 2018 /CNW Telbec/ - Arianne Phosphate (the "Company" or "Arianne")
(TSXV: 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 today, subject
to regulatory approval, the extension on the term of 1,217,500 common share purchase warrants
("Warrants") issued as part of a private placement which closed on July 29, 2013 for gross proceeds of
$2,678,500. Each of the Warrants, which were part of the units being issued, entitles its holder to
purchase one common share of Arianne (a "Common Share") at an exercise price of $1.45 per Common
Share until January 27, 2018. Arianne has elected to extend the expiry date of the Warrants to July 27,
2018. No other Warrant terms are amended.
Arianne will deliver a notice of extension to the registered holders of the Warrants.
About Arianne Phosphate
Arianne Phosphate ("Arianne Phosphate Inc.") ( www.arianne-inc.com ) is developing the Lac à Paul
phosphate deposits located approximately 200 km nor th of the Saguenay/Lac St. Jean area of Quebec,
Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P 2O5 with
little or no contaminants. The Company has 103,570, 880 million shares outstanding.
Neither TSX Venture Exchange nor its Regulation Ser vices 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 Inf ormation
This news release contains "forward-looking stateme nts" and "forward-looking information"
within the meaning of applicable securities regulat ions in Canada and the United States
(collectively, "forward-looking information"). Forward-looking information includes, but is not
limited to, anticipated quality and production of t he apatite concentrate at the Lac à Paul project.
Often, but not always, forward-looking information can be identified by the use of words such as
"plans", "expects, "is expected", "budget", "schedu led", "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. Forward-looking inform ation 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 differ ent from those expressed or implied by such
forward-looking information, including but not limited to: volatile stock price; risks related to
changes in commodity prices; sources and cost of po wer 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 associate d with exploration, development and
operations of mineral deposits; the estimation of m ineral reserves and resources; the risks
associated with uninsurable risks arising during th e course of exploration, development and
production; risks associated with currency fluctuat ions; 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; com pletion 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. Forward-looking 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 h erein. Although the Company has attempted
to identify important factors that could cause actu al results to differ materially from those
contained in the forward-looking information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such forward-looking
information will prove to be accurate, as actual re sults and future events could differ materially
from those anticipated in such forward-looking info rmation. Accordingly, readers should not
place undue reliance on forward-looking information . Forward-looking information is made as of
the date of this press release, and the Company doe s not undertake to update such forward-
looking information except in accordance with applicable securities laws.
SOURCE Arianne Phosphate Inc.
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For further information: Source: Jean-Sébastien David, C.O.O., Tel. : 418-549-7316,
[email protected]; Info: Brian Ostroff, C.E.O., Tel. : 514-908-4202, brian.ostroff@arianne-
inc.com
CO: Arianne Phosphate Inc.
CNW 16:10e 19-JAN-18