Phosphate mining firm Arianne Phosphate (OTCMKTS:DRRSF), which is still at a development stage, has seen its stock emerge as one of the major movers over the course of the past week.
During that period, the Arianne Phosphate stock has delivered gains of as much as 36% and it is now likely to come on to the radars of plenty of investors. Yesterday, the company was in the news as well after it made an announcement with regards to the election results in the annual general meeting for 2021. The annual general meeting was actually a representation of the fiscal year that had ended in 2020.
The company announced the names of the individuals who had been elected to the post of directors. Some of those who had been elected to be directors at Arianne Phosphate include Steven Pinney, Dominique Bouchard, James Cowley and Jeffrey Beck among others.
In this context, it is perhaps also necessary for investors to keep in mind that the company is currently involved in the development of the Lac a Paul phosphate deposit. The deposit in question located not too far away from the city of Quebec in Canada.
