Arianne Phosphate Inc., Saquenay, Quebec, has appointed Jean Lamarre as board chairman and Brian Ostroff as CEO. Lamarre is president of Lamarre Consultants, and has 40 years of experience in international business development, finance, and corporate strategy. From 1977 through 1992 he held various positions, including CFO, with the Lavalin Group, one of the world’s largest engineering and construction firms providing EPC & EPCM services into numerous industries, including a very significant presence in the mining industry. He is also chairman of Semafo Inc., a mid-sized gold producer in West Africa.
Ostroff has been a director of Arianne since 2014 and was a managing director of Windermere Capital, a firm focused on investments in the natural resource sector. Arriane says he brings 30 years of capital markets experience, having previously held positions with several financial institutions, including RBC Dominion Securities and Goodrich Capital.
Arianne’s Lac à Paul project in Quebec’s Saquenay-Lac-Saint-Jean region received approval from the Cabinet of the Government of Quebec in December 2015. As a result, the company says it is now fully in the development stage, and the focus of the company moves to discussions with partners and financers. Arianne calls its project the world’s largest greenfield phosphate rock project.