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Arianne Phosphate Inc. (TSXV:DAN) upgrades to OTCQX

Mining
TSXV:DAN
22 September 2022 08:45 (EDT)

Source: International Mining

Arianne Phosphate (DAN), a Canadian mineral exploration company, has qualified to trade on the OTCQX Best Market.

Arianne Phosphate upgraded to the OTCQX from the Pink market.

Arianne Phosphate Inc begins trading today on the OTCQX under the symbol DRRSF. 

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

“The importance of our Lac à Paul phosphate deposit has grown significantly as concerns surrounding food inflation and security take center stage,” said Brian Ostroff, President of Arianne Phosphate.

“Graduating to the OTCQX will allow for greater liquidity and awareness of our company on the part of investors seeking ways to participate in our growth. Further, the ability to use our rare form of phosphate in emerging LFP battery technology has increased interest in Arianne on the part of many investors, including those residing in the United States, and the OTCQX platform will provide easier access to investment in our company.”

Arianne Phosphate Inc is a mining company focused on the development of its Lac a Paul phosphate property located in Quebec.

Arianne Phosphate Inc. (DAN) opened trading at C$0.415.


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