Arianne Phosphate Conditionally Approved FOR Support from the Government of Canada DAN: TSX-V ( Canada ) JE9N: Fse ( Germany ) Drrsf: OTCQX ( USA )
ARIANNE PHOSPHATE CONDITIONALLY
APPROVED FOR SUPPORT FROM THE
GOVERNMENT OF CANADA
DAN: TSX-V (
Canada
)
JE9N: FSE (
Germany
)
DRRSF: OTCQX (
USA
)
SAGUENAY, QC
,
Oct. 6, 2025
/CNW/ -
Arianne Phosphate (the "Company" or "Arianne")
(TSX
VENTURE: 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 the Government of
Canada
has conditionally approved the Company for a grant of
up to
$735,000
for the advancement of its work on purified phosphoric acid ("PPA"). Pending final
due diligence, the funding will be provided through Natural Resources Canada's Critical Minerals
Research, Development and Demonstration (CMRDD) program and is part of an
$80.3 million
investment announced by Prime Minister Carney at the 2025 G7 Leaders' Summit to help build
reliable critical minerals supply chains in
Canada
.
The announcement was made on
Saturday, October 4
, by the Honourable Tim Hodgson, Minister of
Energy and Natural Resources. Minister
Hodgson
said that "by investing in projects like Arianne
Phosphate's Technology Centre, we are strengthening
Canada's
leadership in critical minerals and
building a cleaner, more secure future — furthering the goals spelled out at the G7 in
Kananaskis
.
This investment not only supports innovation, supply chain security and good jobs here at home, it
also ensures we are leveraging our natural resources to stay at the forefront of the global shift to
clean technologies."
Claude Guay
, Parliamentary Secretary to the Minister of Energy and Natural
Resources, also added that "this investment in Arianne Phosphate's innovative project highlights
Canada's
commitment to securing a reliable and sustainable supply of critical minerals essential for,
among other uses, clean energy generation and storage. By backing projects like this, we are
creating jobs and securing a sustainable, homegrown supply of essential resources for the future."
Phosphate, long understood as a necessary agricultural commodity, has come into greater
awareness and demand for its use in batteries (lithium-iron-phosphate "LFP"), as many carmakers
are now producing EVs based on this chemistry. As well, the rapid growth in Energy Storage
Systems ("ESS"), a market dominated by the LFP, is providing a sizeable increase in demand for
these batteries. Combined, the growth in both the EVs and ESS has led to the LFP battery
surpassing other battery chemistries, making it the most widely used globally in 2024. Like many
critical minerals and battery technologies,
China
dominates the LFP market with a global market
share of over 95% and, if the West is going to minimize its reliance on Chinese imports, it will need
to develop a suitable Western alternative.
Arianne Phosphate is the owner of the Lac à Paul phosphate project in
Quebec, Canada
, the world's
largest greenfield phosphate deposit. Having spent
$100M
over the last 15 years, the mining project
is fully permitted, making it a vital component in
Canada's
critical mineral strategy and currently, the
only shovel-ready phosphate project. Geologically, the deposit is igneous, allowing the Company to
produce an extremely pure phosphate concentrate capable of being easily transformed into PPA, a
necessary ingredient for the LFP battery. Independent analysis cites the growing demand for PPA,
along with its limited supply growth into the end of the decade as a bottleneck for the industry.
Arianne published its prefeasibility study in the summer of 2024 indicating the Company's ability to
become a dominant player in the PPA market by constructing a downstream facility to convert the
region's high-purity phosphate concentrate into a high-grade PPA. The current funding from the
Canadian Government will be a considerable help to the Company and the industry as a whole if
Canada
is to meet the important strategic necessity.
"The receipt of this funding will be significant in our efforts to advance our work surrounding the
transformation of our phosphate into PPA," said
Raphael Gaudreault
, Chief Operating Officer of
Arianne Phosphate. "Having recognized phosphate as a critical mineral in 2024, we appreciate the
Canadian Government's continued support of phosphate, and our Company. This grant will help in
the development of a vital industry; one that
Canada
has a significant advantage in and will help build
a reliable critical mineral supply while unlocking the jobs and economic benefit that will come with it."
Marco Gagnon
, Executive chairman of Arianne: "On behalf of the Board and management team, we
want to thank the Government and Minister Hodgson for their support. The Government of
Canada's
support of Arianne allows us to move forward the development of our Lac à Paul project to the
benefit of the country, our stakeholders and our shareholders. Recognized as a critical mineral in
2024, phosphate is an essential mineral used in lithium-iron-phosphate batteries, as well as food and
agriculture. The advancement of our project will help bring about the government's vision of being a
leader in critical minerals."
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
213,714811 shares outstanding.
Qualified
Person
Raphael Gaudreault
, eng., Qualified Person by NI 43-101, has approved the technical information in
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/October2025/06/c0630.html
%SEDAR: 00003556E
For further information:
Contact Information: Source : Raphael Gaudreault, Tel. : 418-590-1318,
[email protected]; Info: Brian Ostroff, Tel. : 514-908-4202,
CO: Arianne Phosphate Inc.
CNW 07:00e 06-OCT-25