Arianne Phosphate Executes an Option Agreement FOR Its Purified Phosphoric Acid Demonstration Plant DAN: TSX-V (Canada) JE9N: Fse (Germany) Drrsf: OTCQB (USA)
ARIANNE PHOSPHATE EXECUTES AN
OPTION AGREEMENT FOR ITS PURIFIED
PHOSPHORIC ACID DEMONSTRATION PLANT
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTCQB (USA)
SAGUENAY, QC
,
April 21, 2026
/CNW/ -
Arianne Phosphate Inc (the "Company" or "Arianne")
(TSXV: DAN) (OTCQB: 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 it has entered into an option agreement for a facility to be used in the production of
purified phosphoric acid ("PPA"). As announced (see Press Release dated November 6, 2025),
Arianne Phosphate and Travertine Technologies are partnering to produce PPA, combining Arianne's
high-purity phosphate concentrate with Travertine's proprietary acid production process.
Situated in the Saguenay–Lac-Saint-Jean region, the option covers a portion of the infrastructure
operated by Énergie Milot, a producer of thermal energy from forest biomass. Located within the
Saint-Ludger-de-Milot industrial park, the site has full access to the utilities required for the proper
operation of the project.
"The demonstration plant is a first step towards greater production capacity," said Raphael
Gaudreault, COO of Arianne Phosphate. "By increasing the scale of production, Arianne and
Travertine can show the effectiveness of the process and produce enough end-product to secure
future customers. This fits with Arianne's goal of expanding beyond being a miner of phosphate to
becoming a downstream provider of purified phosphoric acid."
Arianne and Travertine have been working together to produce PPA on a laboratory scale with
results expected in the coming weeks. Purified phosphoric acid has historically been used as a food
additive and is also required for pharmaceuticals and semiconductor production. More recently, PPA
demand has been accelerating due to its use in lithium-iron-phosphate ("LFP") batteries with
shortages projected in the coming years as more EVs are produced and Energy Storage Systems
("ESS") deployed. In particular, demand for energy is accelerating, fueled by the rapid growth of
data centers pushed by AI. The power necessary for these data centers will be increasingly
dependent on ESS. Currently, these build-outs are reliant on access to LFP batteries, a market that
China dominates with over 95% of all production.
The ability to produce PPA is greatly determined by the quality of the phosphate concentrate used
as the input. Arianne's phosphate deposit is geologically rare [igneous] allowing it to produce a very
high-purity/low-contaminant concentrate that is easily upgraded to PPA. The Company's Lac à Paul
project hosts the world's largest greenfield deposit and is the only permitted phosphate mine in the
West. Arianne's project is a necessary piece as geopolitics continue to push companies and
governments to evaluate their supply chains.
Arianne today is also announcing the retirement of Claude Lafleur from its Board of Directors. "On
behalf of the Board of Directors, I would like to express my deep appreciation for his steadfast
commitment over the past seven years," said Marco Gagnon, Executive Chairman of the Board of
Arianne Phosphate. "His contribution has been instrumental in the advancement of the project, and
his judgment, rigor, and in-depth understanding of our challenges have greatly enriched our work and
our decision
making. His contribution has left a lasting impact from which the Company will continue
to benefit."
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).
Qualified Person
Raphael Gaudreault, eng., Qualified Person by Regulation 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, the Company's 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: unforeseen delays in the execution of the
definitive agreements in connection with the credit facility extension or in obtaining
regulatory approval; inability to complete the credit facilities extension by the Closing Date;
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, the material
terms of the credit facility extension having been agreed to by the parties, 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/April2026/21/c2825.html
%SEDAR: 00003556E
For further information:
Contact Information: Technical, Raphael Gaudreault, Chief Operating
Officer, Tel.: 418-590-1318, [email protected]; Info, Brian Ostroff, Head of
Strategic & Business Initiatives, Tel.: 514-928-9952, [email protected]
CO: Arianne Phosphate Inc.
CNW 07:00e 21-APR-26