Arianne Resources Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) announced the filing of its annual meeting materials on SEDAR. The Annual Meeting is scheduled for May 29, 2013 in Montreal; agenda includes election of members of the Ariane Board, approval of auditors for the next financial year, and the change of name to Arianne Phosphate Inc.
Arianne Resources Inc. (TSXV:DAN) announced an amendment to its warrant re-pricing and extension plan. The Company had to amend the 4,000,000 common share purchase warrants that were issued as part of its April 2011 private placement.
Arianne Resources Inc. (TSXV:DAN) reported its current progress on its Lac a Paul mine workers training program. The Commission scolaire du Pays-des-Bleuets,the Pekuakamiulnuatsh Takuhikan Education and the Labour Department has signed a Letter of Intent to create training services for Lac à Paul mine workers.
Arianne Resources Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) is commencing public consultations on the Transportation component of its project to operate a phosphate mine in Lac à Paul in Quebec. After these consultations, Arianne intends to create a Working Group on Transportation, with community representatives and experts in an effort to optimize this major component of the project.
Arianne Resources Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) appointed Siva J. Pillay as a Director of the Company. The Company also intends to amend the terms of 4,000,000 common share purchase warrants that were issued as part of its private placement in April 2011.
Seasonal doldrums are stalling phosphate prices. The upside for prices remains linked to food price volatility.
Arianne Resources Inc. (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) is seeking shareholders' approval to change its name to "Arianne Phosphate Inc." to highlight its focus of developing the world class Lac à Paul phosphate deposit.
Despite stagnant phosphate rock prices and demand, phosphate juniors continue to find financing to extend mineral resource estimates and develop their projects.
Arianne Resources Inc.(TSXV:DAN) announced that it has modified its previously announced stock option plan. The Company will increase the number of stock options to 6,780,000.
Arianne Resources Inc.(TSXV:DAN) announced that it has entered into a contract with Cegertec WorleyParsons and Jacobs Engineering to carry out the Bankable Feasibility Study (BFS) for its Lac a Paul project. Cegertec WorleyParsons and Jacobs Engineering will also carry out pilot plant metallurgical testing as part of the contract. As quoted in the press release:
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