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Last C$0.86 CAD
Change Today +0.02 / 2.38%
Volume 38.9K
DAN On Other Exchanges
As of 3:59 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

arianne phosphate inc (DAN) Snapshot

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52 Week High
09/16/14 - C$1.02
52 Week Low
12/10/14 - C$0.51
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arianne phosphate inc (DAN) Details

Arianne Phosphate Inc. engages in the acquisition and exploration of mining properties in Canada. It primarily focuses on developing Lac a Paul phosphate rock project located in the Saguenay–Lac-St-Jean area, Quebec. The company was formerly known as Arianne Resources Inc. and changed its name to Arianne Phosphate Inc. in June 2013. Arianne Phosphate Inc. was founded in 1997 and is headquartered in Chicoutimi, Canada.

Founded in 1997

arianne phosphate inc (DAN) Top Compensated Officers

Chief Operating Officer
Total Annual Compensation: C$212.9K
Vice-President of Exploration
Total Annual Compensation: C$121.0K
Compensation as of Fiscal Year 2014.

arianne phosphate inc (DAN) Key Developments

Arianne Phosphate Inc. Announces Management Changes

Dino Fuoco, Chief Financial Officer and Corporate Secretary, announced that he will be leaving the Arianne Phosphate Inc. on July 3, 2015 to return to private practice. In the interim, Mr. Fuoco's role will be filled by James Cowley. Mr. Cowley, who currently sits on the Board of Arianne, is also a member of the audit committee. Mr. Cowley had previously served as President of Arianne from August of 2011 until August of 2014.

Arianne Phosphate Signs Tribal Deal for Quebec Phosphate Project

Arianne Phosphate has signed a cooperation agreement with a group from the Innu tribe for its Lac a Paul phosphate project in Quebec. Arianne's project is the Lac a Paul site, which is 200 km north of the Saguenay area of Quebec. Studies have stated the resources will support a minimum mine life of 25.75 years with the producer targeting the start of production during 2017.

Arianne Phosphate Inc. Reports Financial Results for the First Quarter Ended March 31, 2015

Arianne Phosphate Inc. reported financial results for the first quarter ended March 31, 2015. For the quarter, the company announced that it is a development-stage company and, as such, did not generate revenue or positive cash flow in first quarter 2015. In the first quarter ended March 31, 2015, the company incurred a net loss of CAD 891,200, compared to CAD 1,405,963 in the comparable period in 2014. The company's net loss and cash burn are consistent with other development stage mining companies. The decrease in the net loss and the operating loss between the first quarter 2014 and 2015 is explained by the fact that the company is actually focused of the process of the BAPE to obtain permitting which will lead to the construction and operation of the Lac a Paul mine.


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