Arianne Phosphate Receives Favorable BAPE Report for Lac à Paul Project

Arianne Phosphate (TSXV:DAN) announced that is has received a favorable report from the the Bureau d’audiences publiques sur l’environnement (BAPE) on the company’s Lac à Paul project in Quebec.
As quoted in the press release:

The BAPE review is the last in a process that a company must undergo in order to receive its final permitting.  With this report now concluded and its positive assessment in hand, Arianne is confident that it has met all of the conditions required to obtain its final decree, and is encouraged that the Quebec government will issue the decree in a timely fashion.

Jean-Sebastien David, COO of Arianne Phosphate, commented:

As not only the COO of Arianne, but as a member of this community, I am very pleased with the conclusions reached by the BAPE. I think the Commissioners got it right as they concluded that this project definitely has the overwhelming support from the area and, the development of Lac à Paul, will be a major contributing factor towards the improvement of our region and the lives of those in the Saguenay Lac St. Jean area.  The BAPE’s consideration for the future was clear as it highlighted many of the long-term benefits associated with this project.  Elements such as multigenerational job creation, opportunities for the youth of our region and spin-off benefits from this project to other industries, such as tourism, as a result of the infrastructure that will be created were all cited by the commission as significant benefits.

Click here to read the full Arianne Phosphate (TSXV:DAN) press release.