| Arianne Extends Warrant Terms | |
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DAN: TSX-V ( Canada )JE9N: FSE ( Germany )DRRSF: OTC ( USA ) SAGUENAY, QC, Jan. 19, 2018 /CNW Telbec/ - Arianne Phosphate (the "Company" or "Arianne") (DAN.V) (DRRSF) (JE9N.F), 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 on the term of 1,217,500 common share purchase warrants ("Warrants") issued as part of a private placement which closed on July 29, 2013 for gross proceeds of $2,678,500 . 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 $1.45 per Common Share until January 27, 2018 . Arianne has elected to extend the expiry date of the Warrants to July 27, 2018 . No other Warrant terms are amended. View original content with multimedia: http://www.newswire.ca/en/releases/archive/January2018/19/c3916.html |
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Arianne Phosphate Inc.
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EXPLORATION STAGE |
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CODE : DAN.V |
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ISIN : CA04035D1024 |
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CUSIP : 04033 |
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Arianne Phosphate is a exploration company based in Canada. Arianne Phosphate holds various exploration projects in Canada and in Mexico. Its main exploration properties are HÉVA EST, MIREPOIX, OPINACA, PENARROYA - BROUILLANT, LAC A PAUL, MASSICOTTE GROUP and R-14 in Canada and EL REY PROPERTY in Mexico. Arianne Phosphate is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 27.8 millions as of today (US$ 22.3 millions, € 19.5 millions). Its stock quote reached its lowest recent point on January 02, 2009 at CA$ 0.02, and its highest recent level on September 16, 2011 at CA$ 2.48. Arianne Phosphate has 97 650 000 shares outstanding. |