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Bullboard - Stock Discussion Forum Arianne Phosphate Inc V.DAN

Alternate Symbol(s):  DRRSF

Arianne Phosphate Inc. is a Canada-based development-stage phosphate mining company. The Company is engaged in the development of its Lac a Paul phosphate deposits located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits produce an igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company is specialized in... see more

TSXV:DAN - Post Discussion

Arianne Phosphate Inc > Mercury Financing Corp
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Post by matisse2003 on Apr 27, 2022 12:20pm

Mercury Financing Corp

Does anyone know who Mercury Financing Corp is?  The only reference I can find is from the Cayman Islands.  What security do they have with respect to the property?  Can they wipe shareholders out? 

The debt that they are owed carries an interest rate of 15%.
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