Follow Us! Like Our Page!

Arianne Phosphate Announces The Grant of 25,000 Stock Options

Press Releases

SAGUENAY, QUEBEC – (September 4, 2015) – Arianne Phosphate (the “Company” or “Arianne”), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, is pleased to announce a grant 25,000 stock options to a member of the Board of Directors. Each Option entitles the holder to purchase one common share of the Company until September 3, 2025 at a price of $0.86 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.

Jean-Sébastien David, P.Geo., Qualified Person by NI 43-101, has approved this release. Mr. David is also the Company’s Chief Operating Officer.

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% P2O5 with little or no contaminants. The Company has 95,325,755 million shares outstanding.

(1) Cautionary Statements: Operating cost estimates have been developed by Arianne utilizing internal and skilled third party resources and are dependent on agreement with government and statutory authorities and vendors which have not all yet been completed . They are therefore not 43-101 compliant at this time.

– 30 –

Contact Information:
Source:

Jean-Sébastien David, C.O.O. Tel.: 418-549-7316 j.s.david@arianne-inc.com

Info:

Brian Ostroff Tel.: 514-908-4202 bostroff@windermerecapital.com
Joe Racanelli Tel.: 416-815-0700, 243 jracanelli@tmxequicom.com

Medias :

Karyna Tremblay, Community Relations Coordinator Tel.: 418-549-7316 karyna.tremblay@arianne-inc.com

IBF3

Loading

NationTalk Partners & Sponsors Learn More