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Arianne Phosphate Inc. (V:DAN)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 200-393 RUE Racine est
CHICOUTIMI QC G7H 1T2
Tel: N/A
Website: https://www.arianne-inc.com
IR: See website
Key People
Dominique Bouchard
Executive Chairman of the Board
Brian Ostroff
President, Director
Jeffrey Beck
Chief Executive Officer, Director
Pier-elise Hebert-tremblay
Chief Financial Officer
Raphael Gaudreault
Chief Operating Officer
 
Business Overview
Arianne Phosphate Inc. is a Canada-based mineral exploration company. The Company is engaged in the development of its Lac a Paul phosphate property located in Quebec, Canada. The Lac a Paul Project is located approximately 200 kilometers north of the city of Saguenay in the Saguenay-Lac-St-Jean region. The Lac a Paul property consists of approximately 500 map-designated claims and covers an area of approximately 27,000 hectares or 270 square kilometers. The Lac a Paul apatite deposits are located in the Lac-Saint-Jean Anorthositic Suite (LSJAS), which belongs to the Grenville Geological Province. The Lac a Paul property consists mafic to ultramafic rocks, including anorthosite, gabbros, norite, trocotites and also some pyroxenite, dunite and peridotite. The apatite deposit of Paul Zone is located in the North-West part of the property. The deposit is composed of a nelsonite stratabound lense in the North and a mineralized anorthositic gabbro in the South.
Financial Overview
For the three months ended 31 March 2022, Arianne Phosphate Inc revenues was not reported. Net loss decreased 69% to C$1.4M. Lower net loss reflects Loss on conversion of loans decrease from C$3.5M (expense) to C$0K, Accretion and interest on loans decrease of 50% to C$891K (expense), Transaction costs decrease from C$54K (expense) to C$0K. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.04 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $105.67M as of Mar 31, 2022
Annual revenue (TTM): $0.00M as of Mar 31, 2022
EBITDA (TTM): -$1.67M as of Mar 31, 2022
Net annual income (TTM): -$5.79M as of Mar 31, 2022
Free cash flow (TTM): -$2.55M as of Mar 31, 2022
Net Debt Last Fiscal Year: $14.84M as of Mar 31, 2022
Shares outstanding: 189,969,848 as of May 13, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization