Arianne Phosphate Reports Financial Results for Q4 and Ye 2017

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’s Saguenay-Lac-Saint-Jean region, reported its financial results for both the three and twelve-month periods ended December 31, 2017. All amounts are in Canadian dollars unless noted.

Brian Ostroff, CEO of Arianne Phosphate, said:

“The 2017 year was one of considerable advancement for our Company. Throughout the year we executed numerous agreements, went through a comprehensive due diligence on the part of independent engineers and, continued to work with parties interested in participating in the Lac à Paul project. All of these efforts independently confirmed what we already knew, the Lac à Paul project is amongst the best in the world.

This work also culminated in our final Information Memorandum being made available to those who had expressed an interest in partnering and financing our project. To date, we have been encouraged by the level of interest that has been shown and, I am hopeful that with everyone’s continued support, we will see the Lac à Paul project in development, unlocking significant value for our shareholders and stakeholders.”

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