ARIANNE PHOSPHATE EXPANDS WORK ON ALTERNATIVE FERTILIZERS -partners with Northern Nutrients of Canada to test direct applications DAN: TSX-V ( CANADA ) JE9N: FSE ( GERMANY ) RRSF: OTC ( USA )
ARIANNE PHOSPHATE EXPANDS WORK ON
ALTERNATIVE FERTILIZERS
-partners with Northern Nutrients of
Canada
to test direct applications
DAN: TSX-V (
CANADA
)
JE9N: FSE (
GERMANY
)
RRSF: OTC (
USA
)
SAGUENAY, QC
,
April 5, 2022
/CNW Telbec/ -
Arianne Phosphate (the "Company" or
"Arianne")
(TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate
mining company, advancing its Lac à Paul project in
Quebec's
Saguenay-Lac-Saint-Jean region, is
pleased to announce that it has entered into a collaboration with Northern Nutrients of
Saskatchewan, Canada
to advance the use of its high-purity phosphate concentrate in alternatively
derived fertilizers.
Under this agreement, Arianne has provided its phosphate concentrate to be combined into Northern
Nutrient's proprietary fertilizer compositions to derive a multi-nutrient fertilizer that can be directly
applied to the farmer's field. Testing of this new and proprietary fertilizer will commence this
growing season, with results available through late summer and fall of 2022.
In February, Arianne announced that it was expanding its reach into alternative fertilizers (
see Press Release dated
February 8, 2022
) through work with both research and corporate
organizations. The benefits of this work would result in the ability to integrate the Company's
phosphate concentrate directly into fertilizers without having to first transform it through acidulation.
Currently, traditional phosphate fertilizers such as MAP & DAP require the acidulation process and,
results in producers of phosphate concentrate, such as Arianne, having to contract with these
phosphoric acid facilities.
The successful implementation of programs such as Arianne's work with Northern Nutrient are multi-
fold. This process would produce a uniquely Canadian offering, reliant solely on domestic inputs and
technology. It would also remove the logistical challenges and additional costs associated with
shipping and transforming materials through numerous jurisdictions. Further, this process would
eliminate the need to add ammonia/nitrogen into the finished fertilizer as are required in
Monoammonium Phosphate ("MAP") and Diammonium Phosphate ("DAP"). With many ammonia-
based fertilizers produced with natural gas, removing this would be extremely economical and add to
the security of supply as, recent global events have highlighted the dependence on natural gas
imports from challenging jurisdictions.
"I am extremely excited by the prospects of this work and, what it can mean for Arianne," said
Brian
Ostroff
, President of Arianne Phosphate. "Arianne's extremely rare, high-purity, low-contaminant
phosphate concentrate is ideal for these alternative applications where the farmer will be very
conscious of what is being spread on their field. As well, by being situated in
Quebec, Canada
, it
removes 'security of supply' issues associated with where fertilizers are currently sourced from and,
should remove many of the risks that we are unfortunately witnessing. Lastly, similar to Arianne's
work within the LFP battery space, expanding the possible customers for our product, expands
possible offtakers and partners for our project and, the unlocking of the substantial economics for
our shareholders and stakeholders."
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
189,641,406 shares outstanding.
About Northern Nutrients:
Northern Nutrients is a Canadian based crop nutrition company serving the needs of the North
American farmer since 2016. The Company has been involved in low salt and proprietary-based
sustainable fertilizer manufacturing and distribution. For more information, please visit the
Company's website:
www.northernnutrients.com
Qualified
Person
Raphael Gaudreault
, eng., Qualified Person by NI 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 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 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/April2022/05/c8874.html
%SEDAR: 00003556E
For further information:
Contact Information: Source: Raphael Gaudreault, COO, Tel. : 418-549-
7316, [email protected];
Info: Brian Ostroff, President, Tel. : 514-908-4202,
CO: Arianne Phosphate Inc.
CNW 07:00e 05-APR-22