Arianne Phosphate Announces Election Results of its 2017 Annual General Meeting - Board of Directors Reelected DAN: TSX-V (Canada) JE9N: FSE (Germany) DRRSF: OTC (USA)
Arianne Phosphate Announces Election Results of its 2017 Annual General
Meeting - Board of Directors Reelected
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, June 22, 2017 /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 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 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 "forward-looking statements" and "forward-looking information"
within the meaning of applicable securities regulations in Canada and the United States
(collectively, "forward-looking information"). Forward-looking 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, forward-looking 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. Forward-looking 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
forward-looking 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. 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 herein. Although the Company has attempted
to identify important factors that could cause actual 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 results and future events could differ materially
from those anticipated, including the completion of any proposed business venture or
combination in such forward-looking information. 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 does 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/June2017/22/c2914.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, brian.ostroff@arianne-
inc.com
CO: Arianne Phosphate Inc.
CNW 16:05e 22-JUN-17