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Arianne Phosphate stock jumps after Quebec govt approves Lac à Paul project

Project developer Arianne Phosphate has received the green light to proceed with construction of its flagship Lac à Paul project, located in Quebec’s Saguenay-Lac-Saint-Jean region.
After receiving approval from the Quebec provincial government, Arianne’s TSX-V-listed stock jumped about 11.5% in afternoon trading to C$0.97 apiece.