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ARIANNE PHOSPHATE RECEIVES FINAL APPROVAL FOR FINANCIAL SUPPORT FROM THE GOVERNMENT OF CANADA
ARIANNE PHOSPHATE RECEIVES FINAL APPROVAL FOR FINANCIAL SUPPORT FROM THE GOVERNMENT OF CANADA ...
About this update from Arianne Phosphate Inc.
[{"type":"text","content":"\n\n\nARIANNE PHOSPHATE RECEIVES FINAL APPROVAL FOR FINANCIAL SUPPORT FROM THE GOVERNMENT OF CANADA\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nDAN: TSX-V (Canada)JE9N: FSE (Germany)DRRSF: OTCQB (USA)\nSAGUENAY, QC, Jan. 7, 2026 /CNW/ - Arianne Phosphate (the \"Company\" or \"Arianne\") (TSXV: 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, is pleased to announce that the Government of Canada has approved the Company for contribution funding of up to $735,000 to support the Company's ongoing work on processing phosphate rock and optimizing the purified phosphoric acid (\"PPA\") process, as previously disclosed (See Press Release dated October 6, 2025).\nThe funding, provided through Natural Resources Canada's (NRCan) Critical Minerals Research, Development and Demonstration (CMRDD) program, is part of an $80.3 million investment announced by Prime Minister Mark Carney at the 2025 G7 Leaders' Summit to help build secure and resilient critical minerals supply chains in Canada and, announced by the Honourable Tim Hodgson, Canada's Minister of Energy and Natural Resources on a visit to Arianne's offices late last year.\nPhosphate was added to the Canadian critical mineral list in 2024, joining the EU and was recently added to the American critical mineral list.  Arianne's Lac à Paul is the only fully permitted phosphate mine in these respective jurisdictions.  Having spent $100M towards the mine's advancement, the Company is now actively pursuing opportunities for the downstream production of PPA, a necessary ingredient for the lithium-iron-phosphate (\"LFP\") battery.  Aside from being the only fully permitted mine, Lac à Paul hosts one of the world's largest greenfield phosphate deposit, which is igneous allowing its phosphate concentrate to be easily processed into PPA.\nArianne's decision to pursue downstream opportunities will allow the Company to be a key supplier as the W...