Arianne Phosphate appoints Ms. Pier-Elise Hebert-Tremblay as chief financial officer

Press Release

SAGUENAY, QUEBEC – Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, is please to announce that it has appointed Ms. Pier-Elise Hebert-Tremblay as the Company’s CFO effective immediately.  Ms. Hebert-Tremblay will replace Andrew Malashewsky who had held the position since January 2019 and, the Company wants to thank Mr. Malashewsky for his time and efforts in the position.

“Pier-Elise has been involved with Arianne almost since its inception and advanced her way through the Company, proving herself to be a very valuable member of the team,” said Brian Ostroff, CEO of Arianne Phosphate.  “I have had the opportunity to work closely with Pier-Elise since my time as CEO and, as CFO, I have no doubt she will play an integral part in advancing Arianne’s efforts to secure financing and partners as it moves its Lac à Paul project towards development.  With the recent significant upturn in the agricultural sector and increased interest in Arianne, the timing couldn’t be better.”

Pier-Elise Hebert-Tremblay has been a member of the Certified Professional Accountants of Quebec and Canada since August 2011 and holds a bachelor’s degree in accounting and a Master’s in Business Administration from the University of Quebec at Chicoutimi.  Ms. Hebert-Tremblay served as Financial Controller of Arianne Phosphate since 2010 and specialized in financial reporting compliance for junior listed resource companies, forecast development and financial modeling.  Ms. Hebert-Tremblay has been part of many financing transactions for the purpose of developing the Lac à Paul project from an early stage.

Qualified Person
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 (Feasibility Study released in 2013). The Company has 123,198,348 million shares outstanding.

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Contact Information:
Source: Jean-Sébastien David, C.O.O. Tel. : 418-549-7316 j.s.david@arianne-inc.com
Info:  Brian Ostroff, C.E.O. Tel. : 514-908-4202 brian.ostroff@arianne-inc.com

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