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Arianne Phosphate Reports Corporate and Financial Results for Second Quarter 2017
Aug. 25, 2017 08:51AM PST
Phosphate InvestingArianne Phosphate (the “Company” or “Arianne”) (TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’sSaguenay-Lac-Saint-Jean region, reported its financial results for the three- and nine-month periods ended June 30, 2017. All amounts are in Canadian dollars unless noted.Brian Ostroff, CEO of Arianne Phosphate, said: “The first half of …
Arianne Phosphate (the “Company” or “Arianne”) (TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’sSaguenay-Lac-Saint-Jean region, reported its financial results for the three- and nine-month periods ended June 30, 2017. All amounts are in Canadian dollars unless noted.
Brian Ostroff, CEO of Arianne Phosphate, said:
“The first half of the year was a very active and productive period for Arianne. The Company entered into numerous agreements with large global enterprises to further the development and assist in the financing of our project.
As well, we have been actively engaged in conversations with industry players to help secure both off take agreements and a strategic partner. Despite industry challenges as a whole, issues such as supply disruptions and environmental concerns have only served to highlight the quality of our asset and continues to drive strong interest in our project as we move towards development.”