Off-market insider buying at Arianne Phosphate (V:DAN)

Siva Pillay, a Director, acquired 2,623,666 Common Shares on a direct ownership basis at a price of $0.345 through a private transaction on May 15th, 2023. This represents a $905,165 investment into the company's shares and an account share holdings change of greater than 100%.

Jeffrey Howitt Beck, CEO and Director, acquired 744,509 Common Shares on an indirect ownership basis for registered holder Tracy Beck at a price of $0.345 through a private transaction on May 15th, 2023. This represents a $256,856 investment into the company's shares and an account share holdings change of greater than 100%.

Arianne Phosphate is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

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 Lac a Paul phosphate deposit is located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. The project is a significant undeveloped phosphate deposit. 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, 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. Arianne Phosphate Inc. (DAN) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $1,162,020.