Ottawa funds Arianne’s push for domestic phosphate processing

Arianne Phosphate (TSXV: DAN; US-OTCQB: DRRSF) announced the federal government has approved the company for contribution funding of up to $735,000. This funding will support Arianne's ongoing work on processing phosphate rock and optimizing the purified phosphoric acid (PPA) process.

Natural Resources Canada's (NRCan) Critical Minerals Research, Development and Demonstration (CMRDD) program provides the funding. It is part of an $80.3 million investment announced by Prime Minister Mark Carney at the 2025 G7 Leaders' Summit. The investment aims to build secure and resilient critical minerals supply chains in Canada.

Canada added phosphate to its critical mineral list in 2024, following the EU's lead. The United States recently added phosphate to its critical mineral list as well. Arianne's Lac à Paul project is the only fully permitted phosphate mine in these jurisdictions. The company has spent $100 million towards the mine's advancement and is now pursuing opportunities for downstream production of PPA, a necessary ingredient for lithium-iron-phosphate (LFP) batteries.

"Investing in initiatives like Arianne Phosphate's Technology Centre reinforces Canada's position as a global leader in critical minerals. This commitment drives innovation, strengthens supply chain resilience, and creates good jobs for Canadians," Tim Hodgson, minister of energy and natural resources, stated.

"By harnessing our natural resources responsibly, we are ensuring Canada remains at the forefront of the clean technology transition--advancing the priorities we set with our G7 partners in Kananaskis and building a cleaner, more secure future for all."

Claude Guay, parliamentary ecretary to the minister of energy and natural resources, added, "Canada's support for Arianne Phosphate's cutting-edge project demonstrates our commitment to building a secure and sustainable supply of critical minerals--key to advancing clean energy technologies. Investments like this create good jobs and strengthen our ability to source essential resources right here at home in Quebec for generations to come."

Marco Gagnon, Arianne Phosphate's executive chairman of the board, expressed appreciation for the government's support. He emphasized the importance of such initiatives in building a Western supply chain for critical minerals. Gagnon noted that phosphate is essential for LFP battery technology, global food and agricultural supply, pharmaceuticals, and semiconductor production.

More information is available at www.Arianne-inc.com