Quebec buying at Arianne Phosphate (DAN)

Quebec buying at Arianne Phosphate (V:DAN)

Investissement Qu?bec, a 10% Holder, facquired 3,333,333 Common Shares and 1,666,666 Warrants on a direct ownership basis with an exercise price of $0.200 until June 10, 2023 through a private transaction on June 10th, 2020. This represents a $500,000 net investment into the company's shares and an account share holdings change of greater than 100%.

Arianne Phosphate is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Arianne Phosphate Inc, formerly Arianne Resources Inc., is a Canada-based development-stage phosphate mining company. The Company is engaged in the acquisition and exploration of mining properties in Quebec, Canada. The Company operates through the segment of acquisition, exploration and development of mining properties. The Company is focused on developing a phosphate mine by concentrating its resources on the Lac a Paul phosphate rock project. The Company is developing the Lac a Paul phosphate deposit, which is located approximately 200 kilometers north of the Saguenay/Lac St. Jean area of Quebec, Canada. The Lac a Paul deposit is located in the Lac-Saint-Jean Anorthositic Suite (LSJAS). The Lac a Paul phosphate rock project consists of approximately 500 map-designated claims and covers an area of approximately 27,000 hectares. The Lac a Paul property consists of mafic to ultramafic rock (anorthosite, gabbros, norite, trocotites and also some pyroxenite and peridotite).