Arianne Phosphate Announces Results of Its Annual General Meeting
SAGUENAY, Quebec, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: DAN; OTCQB: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, announces election results of its 2026 annual general meeting (“AGM”), representing its fiscal year ended December 31, 2025.
All the resolutions that were presented at the AGM were approved by the shareholders. These resolutions include the nomination of the directors and the auditors as well as the renewal of the Company’s stock option plan.
Arianne is pleased to announce that the Company shareholders have elected Jeffrey Beck, James Cowley, Marco Gagnon, Siva Pillay, and Steven Pinney as directors of the Company during the AGM held on August 27, 2026.
Arianne also announces that Mr. Dominique Bouchard did not seek re-election to the Company’s Board of Directors. After more than thirteen years of dedicated service on the Board, including nearly nine years as Executive Chairman, Mr. Bouchard has chosen to step down from his position as a director. He will, however, continue to support the Company as a Strategic Advisor, allowing Arianne to benefit from his extensive experience and deep understanding of the organization and its challenges.
“On behalf of the Board of Directors, I would like to sincerely thank Dominique for his exemplary commitment, leadership, and outstanding contribution to Arianne’s development over the past thirteen years,” said Marco Gagnon, Executive Chairman of the Board of Arianne Phosphate. “His contribution has been instrumental in achieving several important milestones in the Company’s evolution, and we are deeply grateful for his service. We are also very pleased to continue benefiting from his expertise and sound counsel in his new role as Strategic Advisor.”
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 (Feasibility Study released in 2013).
Qualified Person
Raphael Gaudreault, eng., Qualified Person by Regulation 43-101, has approved the technical information in this release. Mr. Gaudreault is also the Company’s Chief Operating Officer.
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.
Contact Information:
| Technical | Info |
| Raphael Gaudreault | Brian Ostroff |
| Chief Operating Officer | Head of Strategic & Business Initiatives |
| Tel.: 418-590-1318 | Tel.: 514-928-9952 |
| raphael.gaudreault@arianne-inc.com | brian.ostroff@arianne-inc.com |
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
Cautionary Statements Regarding Forward Looking 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”). Forward-looking information includes, but is not limited to, the Company’s anticipated quality and production of the apatite concentrate at the Lac à Paul project. 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.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: unforeseen delays in the execution of the definitive agreements in connection with the credit facility extension or in obtaining regulatory approval; inability to complete the credit facilities extension by the Closing Date; volatile stock price; risks related to changes in commodity prices; sources and cost of power facilities; the estimation of initial and sustaining capital requirements; the estimation of labour and operating costs; the general global markets and economic conditions; the risk associated with exploration, development and operations of mineral deposits; the estimation of mineral reserves and resources; the risks associated with uninsurable risks arising during the course of exploration, development and production; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support mining, processing, development and exploration activities; the risks associated with changes in the mining regulatory regime governing the Company; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued exploration and development activities at Lac à Paul project may not be available on satisfactory terms, or at all; the risk of potential dilution through the issue of common shares; the risk of litigation.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, the material terms of the credit facility extension having been agreed to by the parties, continued exploration activities, no material adverse change in commodity prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approval, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this press release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
