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Founded in 1997 under the name Arianne Resources Inc., Arianne Phosphate Inc. (listed TSX-V: DAN and OTC: DRRSF) is a Canadian company dedicated to developing its Lac a Paul mining project, one of the most prolific phosphate projects in the world. Arianne Phosphate will be part of the solution to fulfilling the growing demand for food.

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A PARTNERSHIP INVOLVING ARIANNE PHOSPHATE RECEIVES $1.4 MILLION FOR WORK ASSOCIATED WITH THE LFP BATTERY 

SAGUENAY, QUEBEC – (March 3, 2025) – Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: DAN; OTCQX: 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 a Partnership involving Arianne and several other organizations has received a grant of $1.4M from the  Consortium de recherche et d’innovation en transformation métallique (“CRITM”).  The grant covers an initiative aimed at developing a new process for producing high-purity iron for use in Quebec’s lithium-iron-phosphate (“LFP”) battery cathode manufacturing process. As part of this effort, Arianne will be providing tailings containing magnetite (iron) from its Lac à Paul deposit that will be further processed and purified into the material necessary for these batteries.    In addition to the work being done as part of the Partnership, Arianne is advancing its efforts towards the development of a downstream facility to produce purified phosphoric acid (“PPA”), another necessary ingredient required for the LFP battery.  Both phosphate and high-purity iron were placed on Quebec’s critical mineral list in 2024 because of the rapid growth of the LFP battery.  Despite the importance of the LFP, the West currently has very little production capability with over

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