Arianne Phosphate names Dominique Bouchard as Executive Chairman of the Board of Directors DAN: TSX-V (Canada) JE9N: FSE (Germany) DRRSF: OTC (USA)
Arianne Phosphate names Dominique Bouchard as Executive Chairman of the
Board of Directors
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
SAGUENAY, QC, Dec. 14, 2017 /CNW Telbec/ - Arianne Phosphate (the "Company" or "Arianne")
(TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N) , a development-stage phosphate mining
company, advancing the Lac à Paul phosphate rock pr oject in Quebec's Saguenay-Lac-Saint-Jean
region, has today named Mr. Dominique Bouchard as E xecutive Chairman of its Board of Directors. Mr.
Bouchard's appointment was unanimously approved by the Company's Board of Directors. Mr. Bouchard
has been a member of Arianne's Board since 2013 and his new position follows his previous role as
Arianne's Executive Vice Chairman.
Mr. Bouchard has been Vice Rector of Resources betw een 2014 and 2017 at the Université du Québec in
Chicoutimi. He is also a 33-year veteran of the Alcan and Rio Tinto organizations, having most recentl y
served as President of Rio Tinto Quebec Iron & Titanium until his retirement in May 2013. Prior to that,
Mr. Bouchard held the position of Vice President Primary Metal within Rio Tinto Alcan from March 2005 to
February 2010. He was responsible for the operations and implementation of the strategy development
for Primary Metal Saguenay-Lac-Saint-Jean. Dominiqu e holds a Master's degree in Management from
McGill University, graduated from the International Master's Programme in Practicing Management
(IMPM) from INSEAD University in France and obtained an Electrical Engineering degree from Laval
University. Mr. Bouchard is also a graduate of the Institute of Corporate Directors.
"I believe I am well suited for my new role as Executive Chairman," said Dominique Bouchard. "As a
native to the Saguenay region, I have a fundamental understanding of how important the Lac à Paul
project is, and, the benefit it will bring to the community. Having spent many years in Québec, both i n a
personal and professional capacity, it has allowed me to build a strong network of contacts that I wil l draw
on to help get this project done. Further, I look f orward to continuing my strong working relationship with
Brian, our CEO. We have a strong understanding of e ach other's strengths and responsibilities and, we
work well as a team."
"On behalf of the Board, the Management and the ent ire Arianne team, I want to welcome Dominique to
his new position," said Brian Ostroff, CEO of Arianne Phosphate. "I have had the opportunity to work with
Dominique over the years and think he is very well suited to his new position; I look forward to advancing
our project together. Having been on the Board for several years Dominique will bring a high level of
continuity and can hit the ground running. Lastly, on a personal note, I have enjoyed working closely with
Dominique in the past and look forward to his more active role as Executive Chairman."
In conjunction with Mr. Bouchard's new position, he has been awarded 40,000 stock options. Each Option
entitles the holder to purchase one common share of the Company until December 13, 2027 at a price of
$0.62 per share, this being the closing price of the Company's shares on the trading day preceding the
date of grant. The Options are subject to a three-year vesting period under the Plan and the Policy, and
are also subject to regulatory approval.
About Arianne Phosphate
Arianne Phosphate ("Arianne Phosphate Inc.") ( www.arianne-inc.com ) is developing the Lac à Paul
phosphate deposits located approximately 200 km nor th of the Saguenay/Lac St. Jean area of Quebec,
Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P 2O5 with
little or no contaminants. The Company has 100,530, 580 million shares outstanding.
Neither TSX Venture Exchange nor its Regulation Ser vices 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 Inf ormation
This news release contains "forward-looking stateme nts" and "forward-looking information"
within the meaning of applicable securities regulat ions in Canada and the United States
(collectively, "forward-looking information"). Forward-looking information includes, but is not
limited to, anticipated quality and production of t he 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", "schedu led", "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 inform ation 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 differ ent 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 po wer 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 associate d with exploration, development and
operations of mineral deposits; the estimation of m ineral reserves and resources; the risks
associated with uninsurable risks arising during th e course of exploration, development and
production; risks associated with currency fluctuat ions; 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; com pletion 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 h erein. Although the Company has attempted
to identify important factors that could cause actu al 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 re sults and future events could differ materially
from those anticipated in such forward-looking info rmation. 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 doe s not undertake to update such forward-
looking information except in accordance with applicable securities laws.
SOURCE Arianne Phosphate Inc.
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%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 08:54e 14-DEC-17