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Arianne Resources Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) announced the filing of its annual meeting materials on SEDAR. The Annual Meeting is scheduled for May 29, 2013 in Montreal; agenda includes election of members of the Ariane Board, approval of auditors for the next financial year, and the change of name to Arianne Phosphate Inc.
As quoted in the press release:
For election of Directors, six of the current Board members are standing for re-election. Mr. Pierre Lortie, current Chairman and Mr. Bernard Lapointe, current Chief Executive Officer of Arianne, have decided to not stand for re-election.The Company will also be asking its shareholders to approve changing the name of the Corporation to Arianne Phosphate Inc., which reflects the Company’s sole focus on the development of the Lac à Paul phosphate mine.
Arianne Resources Inc. President, Jim Cowley, said:
Bernard’s contributions to Arianne’s development have been significant, beginning with his realization that the mineralogy of the Lac à Paul deposit will yield a superior grade phosphate concentrate containing very low impurities. His vision to stake and develop a large land position containing massive high-grade P2O5 phosphate resources has led to significant growth in shareholder value. The Board, our employees and our shareholders thank Bernard for his vision, his encouragement, and countless hours of hard work in the development of Lac à Paul project. We wish Bernard the very best in his retirement.
Click here to read the Arianne Resources Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) press release
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