Arianne Phosphate Announces Participation IN Grant Award from the Government of Quebec DAN: TSX-V ( Canada ) JE9N: Fse ( Germany ) Drrsf: OTCQX ( USA )
ARIANNE PHOSPHATE ANNOUNCES
PARTICIPATION IN GRANT AWARD FROM
THE GOVERNMENT OF QUEBEC
DAN: TSX-V (
Canada
)
JE9N: FSE (
Germany
)
DRRSF: OTCQX (
USA
)
SAGUENAY, QC
,
June 25, 2025
/CNW/ -
Arianne Phosphate (the "Company" or "Arianne")
(TSXV: 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, is pleased
to announce that Minister
Blanchette Vezina
, Minister of Natural Resources and Forests, recently
announced the awarding of several grants totalling over
$750,000
for R&D projects in the circular
economy of critical and strategic minerals. As part of these grants, Arianne, with two other
companies, received funding to participate in a project aimed at strengthening the supply chain for
local integration of the Lithium-Iron-Phosphate ("LFP") sector in
Quebec
. For Arianne, the objective
is to reduce the environmental impact and production costs associated with the optimization of inputs
and processes association with lithium-iron-phosphate production using purified phosphoric acid.
In 2024, both the
Quebec
and Canadian governments added the phosphate-bearing mineral apatite
to their respective critical mineral lists. As well, in June of 2024, Arianne published a prefeasibility
study on a downstream facility to produce purified phosphoric acid ("PPA") from high-purity
phosphate concentrate. PPA is a necessary ingredient for use in both the food industry and
advanced battery technologies.
Considerable interest has been shown in advanced battery technologies and the growing use of LFP
batteries in both electric vehicles and energy storage systems. In 2024, the LFP battery became the
most widely used battery chemistry globally. Arianne's Lac à Paul deposit is geologically rare
(igneous) allowing the Company to produce a phosphate concentrate that is ideally suited for
integration into the LFP ecosystem and, the Company is widely regarded as having an opportunity to
address the growing Western demand as supply chains shift from
China
. Discussions with industry
players continue to advance and the Company has been active in this pursuit. Over the past month,
Arianne has participated in several conferences and, is proud to be a Silver Sponsor and presenter
at the
Oreba3
battery technology conference to be held in
Montreal
July 6-8, 2025
, to discuss the
use of phosphate in the LFP battery and the opportunities for the Company.
As well, Arianne has granted 600,000 stock options to Mr.
Jeffrey Beck
, CEO of Arianne
Phosphate, in lieu of any salary or cash remuneration for his employment with the Company. These
options entitle Mr. Beck to purchase one common share of the Company until
June 23, 2035
, at a
price of
$0.155
per share, this being the closing price of the Company's shares on the trading day of
the grant. The options are subject to a vesting period and are also subject to regulatory approval.
Mr. Beck added, "continuing to tie my remuneration to the future fortunes of the Company is a
welcomed opportunity as prospects for the Company look very encouraging."
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% P
2
O
5
with little or no contaminants (Feasibility Study released in 2013). The Company has
213,714,811 shares outstanding.
Qualified
Person
Raphael Gaudreault
, eng., Qualified Person by Regulation 43-101, has approved this release. Mr.
Gaudreault is also the Company's Chief Operating Officer.
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 be 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 labor 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 approval, 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 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:
http://www.newswire.ca/en/releases/archive/June2025/25/c6103.html
%SEDAR: 00003556E
For further information:
Contact Information: Technical: Raphael Gaudreault, COO, Tel. : 418-
590-1318, [email protected]; Info: Brian Ostroff, President, Tel. : 514-908-4202,
CO: Arianne Phosphate Inc.
CNW 15:55e 25-JUN-25