Arianne Phosphate and Groupe Alfred Boivin sign a Memorandum of Understanding for the Ground Transport of Phosphate Concentrate

A key logistical component of the Lac à Paul project

DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC (USA)
Arianne Phosphate (the “Company” or “Arianne”) (TSXV: DAN) (OTC: DRRSF) (FRANKFURST: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, is pleased to announce the signing of a Memorandum of Understanding (“MOU”) agreement with Groupe Alfred Boivin (“GAB”) for the trucking of the Company’s high purity phosphate concentrate between the Lac à Paul mine site and the marine terminal on the north shore of the Saguenay River.
Arianne Chief Operating Officer Sébastien David commented:

“This represents a very important logistical step for Arianne. Groupe Alfred Boivin, is a large regional company whose knowledge of local conditions will greatly enhance our plans to transport our product in a safe, environmentally friendly and cost effective way. The services offered by GAB are perfectly aligned with our transportation strategy and will allow for the final design specifications of our trucks and trailers, as well as logistics and road and fleet maintenance.
The use of a regional company will also allow for the participation of the First Nations and local companies. Groupe Alfred Boivin joins a growing list of highly qualified organizations that have partnered with Arianne to see the Lac à Paul project become a reality which, will provide for the betterment of our stakeholders and unlock value for our investors.”

Research and Development

This MOU provides for a research and development program for the final selection of the truck and, the creation of the trailer. GAB will have the mandate to develop a truck fleet specifically tailored for Arianne’s requirements and will incorporate innovative approaches surrounding sustainable technologies and environmental concerns in a cost-effective manner; policies that both companies are strongly committed to.
Click here to read the full press release.