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Arianne Phosphate Inc. (V:DAN)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 393 Racine St. E; Suite 200
CHICOUTIMI QC G7H 1T2
Tel: N/A
Website: https://www.arianne-inc.com
IR: See website
Key People
Brian Ostroff
President, Director
Jeffrey Howitt Beck
Chief Executive Officer, Director
Genevieve Ayotte
Chief Financial Officer
Raphael Gaudreault
Chief Operating Officer
   
Business Overview
Arianne Phosphate Inc. is a Canada-based development-stage phosphate mining company. The Company is engaged in the development of its Lac a Paul phosphate property located in Quebec, Canada. The Company specializes in the extraction of independent phosphate rock. The Lac a Paul phosphate deposit is located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. The Lac a Paul project encompasses three Nitassinan Innus: Pessamit, Mashteuiatsh and Essipit. The Lac a Paul project is an undeveloped phosphate deposit globally. The Company's subsidiaries include Oroplata Exploration Inc., Arianne Logistics Inc., 9252-5880 Quebec Inc., and Point Comfort Explorations Inc.
Financial Overview
For the nine months ended 30 September 2023, Arianne Phosphate Inc revenues was not reported. Net loss decreased 54% to C$3.2M. Lower net loss reflects Other gain increase from C$8K to C$2.4M (income), Accretion, interest on credit line and a decrease of 19% to C$4.3M (expense), Change in fair value of embedded derivat increase from C$67K (expense) to C$69K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $74.66M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$1.94M as of Sep 30, 2023
Net annual income (TTM): -$7.69M as of Sep 30, 2023
Free cash flow (TTM): -$1.67M as of Sep 30, 2023
Net Debt Last Fiscal Year: $23.43M as of Sep 30, 2023
Shares outstanding: 196,809,271 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization