Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) secured an agreement with the Ministry of Energy and Natural Resources, confirming that 115-MW of power from Hydro-Québec will be made available for the Lac à Paul Project at a preferential and reduced rate (Rate L).
As quoted in the press release:
Arianne Phosphate’s Chief Operating Officer Jean-Sébastien David said, “This agreement continues to demonstrate the Québec Government’s support for the Lac à Paul Project and is further evidence of the significant economic benefits that Lac à Paul will bring to both Québec and the Saguenay-Lac-Saint-Jean region. We would like to thank the Government of Québec for their continued support of our world-class project.”
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