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Arianne is saddened to announce the passing of its chairman Jean Lamarre DAN: TSX-V (Canada) JE9N: FSE (Germany) DRRSF: OTC (USA)

Management Changes

Arianne is saddened to announce the passing of its chairman Jean Lamarre

DAN: TSX-V (Canada)

JE9N: FSE (Germany)

DRRSF: OTC (USA)

SAGUENAY, QC, Nov. 24, 2017 Arianne Phosphate (the "Company" or "Arianne") (TSXV: DAN)

(OTC: DRRSF) (FRANKFURT: JE9N) , regretfully announces the passing of its Chairman of the Board

Mr. Jean Lamarre. Mr. Lamarre died on November 22 after a brief and courageous fight with illness. Mr.

Lamarre joined the Arianne board as its Chairman in March of 2016 and was a strong and guiding force

on the board and within the Company. On behalf of the entire Arianne team, we want to extend our

deepest sympathies to Mr. Lamarre's wife and family.

"The loss of Jean will leave a void," said Brian Ostroff, CEO of Arianne Phosphate. "He sat on many

boards and served many causes; he touched a lot of people and will be greatly missed by those who had

the good fortune of knowing and working with him. Although Jean was constantly busy, he seemed to

always have time. Jean made those around him bette r, sharing his wisdom and guidance gained through

his years of experience. His leadership will be greatly missed and this void deeply felt."

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 100,530, 580 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, anticipatedquality and production of the 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.

View original content with multimedia:

http://www.newswire.ca/en/releases/archive/November 2017/24/c6888.html

%SEDAR: 00003556E

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,

[email protected]

CO: Arianne Phosphate Inc.

CNW 11:46e 24-NOV-17