SAGUENAY, QUEBEC - (Oct. 1, 2008) - The management of Arianne Resources Inc. (TSX VENTURE:DAR) (FRANKFURT:JE9) (OTCBB:DARUF)("Arianne") is pleased to announce the completion of a non-brokered flow-through financing for an amount of $299,000. Arianne will issue a total of 3,844,285 flow-through shares and 427,143 common shares at a price of $0.07 per share and 2,135,714 warrants, each warrant valid for the purchase of one additional share of the Company at a price of $0.10. The warrants will be exercisable for two years after the closing. The new shares are subject to a four-month minimum hold period and are subject to the approval of the TSX Venture Exchange.
In regards with this financing, a 29,100 $ commission was paid to François Simard, a non-related party.
Arianne Resources is a Canadian exploration company with the primary mission to explore, find and develop gold, phosphorus and uranium deposits in Canada and Mexico.
Investors are encouraged to visit Arianne Resources investor relations hub at www.agoracom.com/IR/Arianne to ask questions and receive answers or consult the questions and answers already posted by other investors. Investors can send all questions or requests for information to DAR@agoracom.com and they may also apply to be added to the mailing list to receive future press releases and updates timely.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION:
Source: M. Bernard Lapointe
CEO
418-549-7316
Fax: 418-549-5750
bernard@arianne-inc.com
or
For Info: M. Norman Forrest
VP Development
450-736-0453
norman@arianne-inc.com
or
Investor Relations
AGORACOM- Toronto
www.agoracom.com/ir/Arianne
dar@agoracom.com
