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Arianne Phosphate Appoints Ms. Pier-Elise Hebert-Tremblay as Chief Financial Officer DAN: TSX-V ( Canada ) JE9N: FSE ( Germany ) DRRSF: OTC ( USA )

Management Changes

Arianne Phosphate Appoints Ms. Pier-Elise

Hebert-Tremblay as Chief Financial Officer

DAN: TSX-V (

Canada

)

JE9N: FSE (

Germany

)

DRRSF: OTC (

USA

)

SAGUENAY, QC,

Feb. 4, 2021

/CNW Telbec/ -

Arianne Phosphate (the "Company" or

"Arianne")

(TSXV: DAN) (OTC: DRRSF) (FSE: 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 it has appointed Ms. Pier-

Elise Hebert-Tremblay

as the Company's CFO effective

immediately. Ms. Hebert-Tremblay will replace

Andrew Malashewsky

who had held the position

since

January 2019

and, the Company wants to thank Mr. Malashewsky for his time and efforts in

the position.

"Pier-Elise has been involved with Arianne almost since its inception and advanced her way through

the Company, proving herself to be a very valuable member of the team," said

Brian Ostroff

, CEO of

Arianne Phosphate. "I have had the opportunity to work closely with Pier-Elise since my time as

CEO and, as CFO, I have no doubt she will play an integral part in advancing Arianne's efforts to

secure financing and partners as it moves its Lac à Paul project towards development. With the

recent significant upturn in the agricultural sector and increased interest in Arianne, the timing

couldn't be better."

Pier-

Elise Hebert-Tremblay

has been a member of the Certified Professional Accountants of

Quebec

and

Canada

since

August 2011

and holds a bachelor's degree in accounting and a Master's in

Business Administration from the University of

Quebec

at Chicoutimi. Ms. Hebert-Tremblay served

as Financial Controller of Arianne Phosphate since 2010 and specialized in financial reporting

compliance for junior listed resource companies, forecast development and financial modeling. Ms.

Hebert-Tremblay has been part of many financing transactions for the purpose of developing the Lac

à Paul project from an early stage.

Qualified

Person

Jean-Sébastien David, P.Geo., Qualified Person by NI 43-101, has approved this release. Mr. David

is also the Company's Chief Operating Officer.

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

123,198,348 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 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/February2021/04/c5046.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 07:30e 04-FEB-21