May 29 (Reuters) - Arianne Phosphate Inc DAN.V :
* ARIANNE PHOSPHATE REPORTS CORPORATE AND FINANCIAL RESULTS FOR FIRST QUARTER 2019 AND ANNOUNCES ELECTION RESULTS OF ITS 2019 ANNUAL GENERAL MEETING
* ARIANNE PHOSPHATE INC - AT MARCH 31, 2019, COMPANY HAD $0.8M CASH ON HAND
* ARIANNE PHOSPHATE - BASED ON CURRENT SPENDING ESTIMATES FOR FUTURE PROJECT DEVELOPMENT, WILL NEED ADDITIONAL FUNDS IN NEXT 12 MONTHS