Mercury Financing Corp., a 10% Holder, disposed of 4,000,000 Common Shares on a direct ownership basis at a price of $0.530 on June 9th, 2022. This represents a $2,120,000 divestment of the company's shares and an account share holdings change of -11.8%.
Arianne Phosphate is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.
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.
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