Arianne Phosphate to Present at the Canadian Government Forum ON Critical Minerals DAN: TSX-V ( Canada ) JE9N: Fse ( Germany ) Drrsf: OTCQX ( USA )
ARIANNE PHOSPHATE TO PRESENT AT THE
CANADIAN GOVERNMENT FORUM ON
CRITICAL MINERALS
DAN: TSX-V (
Canada
)
JE9N: FSE (
Germany
)
DRRSF: OTCQX (
USA
)
SAGUENAY, QC
,
Feb. 3, 2025
/CNW/ -
Arianne Phosphate (the "Company" or "Arianne")
(TSXV: 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 Company will be presenting at the 2
nd
annual Canadian Critical Mineral
Opportunity Forum ("CCMOF") being held in
New York City
, today
February 3, 2025
. Hosted by the
Consulate General of
Canada
to
the United States
, in
New York
, the Forum will allow several
Canadian critical mineral companies to present their projects and interact with investors, corporates
and government officials.
In 2024, both the Canadian and Quebec Governments added apatite (the phosphate bearing
mineral) to their respective critical mineral lists. Phosphate, primarily used and understood as an
agricultural mineral has risen to prominence because of its use in lithium-iron-phosphate ("LFP")
batteries. The LFP has undergone significant growth both in
Asia
and the West, for use in both
electric vehicles and energy storage systems. Today, over 95% of LFPs are produced in
China
and,
as the West looks to move their supply chains onshore, there is a growing interest in critical mineral
projects outside of
China
, and in geopolitically friendly jurisdictions.
Arianne Phosphate owns the Lac à Paul phosphate project, located in
Quebec, Canada
. Today, the
deposit is the world's largest greenfield resource, capable of producing a high-purity/low-
contaminant phosphate concentrate, ideal for transformation into LFP batteries. The mine is fully
permitted, and the Company is currently pursuing plans for a downstream facility to transform
phosphate concentrate into battery-grade acid. In late 2024, Arianne received an investment from a
global mining company and continues to work with potential partners to advance the project to meet
this demand.
About 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 to Produce 3Mtpy of High Purity Apatite Concentrate at the Lac a
Paul Project, Québec,
Canada
" released on
November 13, 2013
). The Company has 202,890,210
shares outstanding.
Qualified
Person
Raphael Gaudreault
, eng., Qualified Person by NI 43-101, has approved the technical disclosure 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, information relating to the advancement of a downstream phosphoric acid
project, the acceleration of the discussions with other parties in connection with the 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 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/February2025/03/c6422.html
%SEDAR: 00003556E
For further information:
Contact Information: Source : Raphael Gaudreault, COO, Tel. : 418-590-
1318, [email protected]; Info: Brian Ostroff, President; Tel. : 418 549-7316,
CO: Arianne Phosphate Inc.
CNW 07:00e 03-FEB-25