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Arianne Phosphate Announces Election Results of its 2020 Annual General Meeting
Arianne Phosphate Announces Election Results of its 2020 Annual General Meeting ...
About this update from Arianne Phosphate Inc.
[{"type":"text","content":"\n \n \n \n Arianne Phosphate Announces Election Results of its 2020 Annual General Meeting\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n \n DAN: TSX-V (\n \n Canada\n \n )\n \n \n \n JE9N: FSE (\n \n Germany\n \n )\n \n \n \n DRRSF: OTC (\n \n USA\n \n )\n \n \n \n SAGUENAY, QC,\n \n Dec. 9, 2020\n \n /CNW Telbec/ -\n \n Arianne Phosphate (the \"Company\" or \"Arianne\")\n \n (TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in\n \n Quebec's\n \n Saguenay-Lac-Saint-Jean region, announces election results of its 2020 annual general meeting, representing its fiscal year ended 2019.\n \n \n \n \n \n \n \n \n \n Arianne is pleased to announce that the company shareholders have reelected Messrs.\n \n Dominique Bouchard\n \n ,\n \n Brian Ostroff\n \n ,\n \n James Cowley\n \n ,\n \n Marco Gagnon\n \n , Siva Pillay,\n \n Steven Pinney\n \n and\n \n Claude Lafleur\n \n as directors of the Company during the Annual General Meeting of Shareholders of the Company held on\n \n December 9, 2020\n \n .\n \n \n Arianne announces a 490,000 stock options grant to members of the Board of Directors and senior management. Each Option entitles the holder to purchase one common share of the Company until\n \n December 7, 2030\n \n at a price of\n \n $0.20\n \n per share, this being the closing price of the Company's shares on the trading day preceding the date of grant. The Options are subject to a vesting period under the Plan and the Policy, and are also subject to regulatory approval.\n \n \n Also Arianne wishes to announce, subject to regulatory approval, the extension on the term of 1,520,015 common share purchase warrants (\"Warrants\") issued as part of a private placement which closed on January 2, 2018 for gross proceeds of\n \n $1,915,219\n \n . 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\n \n $0.85\n \n per Common Share until\n \n December 29, 2020\n \n . Arianne...