- Corporate Presentation on June 1st
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
DRRSF: OTC BB (USA)
SAGUENAY, QC, May 19, 2015 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSX VENTURE: DAN) (FRANKFURT: JE9N) (OTCBB: DRRSF), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, announced today that it will be attending the LD Micro conference being held in Los Angeles from June 1st to June 3rd, 2015. Arianne will be giving its corporate presentation on Monday, June 1st, at 1:30 PM PST / 4:30 PM EST.
"This conference will provide us the opportunity to update investors on our recent accomplishments," said Jean-Sebastien David, Arianne's COO. "The past 12 months has seen our Company hit on significant milestones. Currently the world's largest greenfield phosphate rock project, Arianne has been able to reduce OPEX, receive an equity investment from the Government of Quebec, and seems to get the social acceptance from the region. Further, we expect the next few months to bring continued success as we move towards a fully permitted mine."
The LD Micro Invitational conference is in its 5th year and provides a venue that allows investors to meet with earlier-staged, fast growing companies. Last year's conference had over 700 investors attend, including strong institutional interest from fund managers, analysts and traders representing over 165 firms. "We are honored to have Arianne Phosphate present for the first time at the Invitational this year", stated Chris Lahiji, Founder of LD Micro. "Certainly, having an emerging company that will produce phosphate for fertilizers presenting here in a state that is suffering its worst drought in decades should make for interesting conversation."
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 95,325,755 million shares outstanding.
About LD Micro
LD Micro is an investment newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published reports on select companies throughout the year. The firm also hosts the LD Micro Main Event. It is a non-registered investment advisor. For more information, please contact 408-457-1042 or visit www.ldmicro.com.
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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Forward Looking Statements and Information
This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities regulations in Canada and the United States (collectively, "forward-looking information"). The forward-looking information contained in this news release is made as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information. Forward-looking information includes, but is not limited to, anticipated effect of the additional metallurgical tests on the Project, and timing and expectations of future work programs. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects, "is expected", "budget", "scheduled", "estimates", forecasts", "intends", "anticipates", or "believes", or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", or "will" be taken, occur or be achieved. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.
SOURCE Arianne Phosphate Inc.
For further information: Source: Jean-Sébastien David, C.O.O., Tel: 418-549-7316, [email protected]; Info: Dino Fuoco, C.F.O., Tel: 514-945-9313, [email protected]; Medias : Karyna Tremblay, Community Relations Coordinator, Tel. : 418-549-7316, [email protected]; Joe Racanelli, Tel. : 416-815-0700, 243, [email protected]