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SAGUENAY, QUEBEC - (July 22, 2016) - Arianne Phosphate (the 'Company' or 'Arianne') (TSX VENTURE: 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 announced today, subject to regulatory approval, the extension of the term of 2,815,500 common share purchase warrants ('Warrants') issued as part of a private placement which closed on July 31, 2014 for gross proceeds of $5,631,000. Each of the Warrants, which were part of the units being issued, entitles its holder to purchase one common share of Arianne (a 'Common Share') at an exercise price of $1.25 per Common Share until July 31, 2016. Arianne has elected to extend the expiry date of the Warrants to July 31, 2017. No other Warrant terms are amended.
Arianne will deliver a notice of extension to the registered holders of the Warrants.
About Arianne Phosphate
Arianne Phosphate ('Arianne Phosphate Inc.') (www.arianne-inc.com) is developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company has 97,225,755 million shares outstanding.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Contact Information:
Source: Jean-Sébastien David, C.O.O. Tel. : 418-549-7316 [email protected]
Info: Joe Racanelli Tel. : 416-586-1943 [email protected]
Brian Ostroff, C.E.O. Tel. : 514-908-4202 [email protected]
Medias: Karyna Tremblay, Community
Relations Coordinator Tel.: 418-549-7316 [email protected]
Follow Arianne on:
Facebook: https://www.facebook.com/ariannephosphate
Twitter: http://twitter.com/arianne_dan
YouTube: http://www.youtube.com/user/ArianneResources
Flickr: http://www.flickr.com/photos/arianneresources
Resource Investing News: http://resourceinvestingnews.com/?s=Arianne
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Arianne Phosphate Inc.
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EXPLORATEUR |
CODE : DAN.V |
ISIN : CA04035D1024 |
CUSIP : 04033 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Arianne Phosphate est une société d’exploration minière basée au Canada. Arianne Phosphate détient divers projets d'exploration au Canada et au Mexique. Ses principaux projets en exploration sont HÉVA EST, MIREPOIX, OPINACA, PENARROYA - BROUILLANT, LAC A PAUL, MASSICOTTE GROUP et R-14 au Canada et EL REY PROPERTY au Mexique. Arianne Phosphate est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 17,6 millions CA$ (12,9 millions US$, 11,7 millions €). La valeur de son action a atteint son plus bas niveau récent le 02 janvier 2009 à 0,02 CA$, et son plus haut niveau récent le 16 septembre 2011 à 2,48 CA$. Arianne Phosphate possède 97 650 000 actions en circulation. |