First Phosphate is pleased to announce that it has formalized international investment and offtake agreements under the Critical Minerals Resilience and Production Alliance at the 52nd G7 Summit in Évian, France. Letters of interest: Within the framework of the Alliance, First Phosphate is also pleased to announce that it has received letters of interest from export credit agencies, financial institutions and industrial [...]
First Phosphate is pleased to announce that, on June 12, 2026, it closed its financing to existing, and other follow-on, investors on terms as described in the Company news release dated May 28, 2026. The Company raised a total of $15,420,640 through the issuance of 1,432,750 Hard Dollar Units at a price of $2.00 per Hard Dollar Unit for gross proceeds of $2,865,500 and 6,277,570 Flow-Through Shares at a price of $2.00 [...]
First Phosphate is pleased to announce a non-brokered private placement to accommodate existing investors for gross proceeds of a minimum of $5,000,000. The Offering is anticipated to consist of any combination of: Hard dollar units of the Company at a price of $2.00 per Hard Dollar Unit, with each Hard Dollar Unit comprised of: one common share in the capital of the Company, and one Common Share purchase warrant with [...]
First Phosphate is pleased to announce the results of its updated Mineral Resource Estimate for its Bégin-Lamarche projec. The updated MRE includes results from the 2025-2026 drilling program described in the Company's press release dated April 27, 2026. The updated MRE includes a 378% increase in Indicated Mineral Resources over the Company's Initial MRE dated Sept 9, 2024. Measured pit-constrained Mineral Resource: 6.2 [...]
First Phosphate announces that it has engaged Simone Capital Corp. to provide investor awareness services by co-ordinating meetings with retail brokers, portfolio managers, analysts, and individual investors on behalf of the Company. In conducting this outreach, SCC will employ several different communication methods including phone calls, emails and in-person and virtual meetings. The contract term is from May 15, 2026 [...]
First Phosphate announces that it engaged Emerging Growth Research LLC to arrange for the preparation of a research report regarding the Company. In consideration for the services provided, the Company paid EGR a cash fee of US$1,500. The Company has equally engaged RedChip Companies to provide investor relations and communications services to the Company. The services provided by RedChip include preparing investor [...]
First Phosphate is pleased to announce the receipt of $3,070,549 in gross proceeds upon the exercise of 2,456,439 warrants prior to their expiry on April 24, 2026 and April 30, 2026, at an exercise price of $1.25 per share. The Company now has 179,947,950 common shares, 2,625,000 warrants, 7,650,000 options and 1,975,000 restricted share units outstanding. All warrants, options and restricted share units outstanding are [...]
First Phosphate is pleased to announce analytical results for its infill drill program, completed on March 31, 2026, at its Bégin-Lamarche property. As previously announced, the Company's recent infill drilling campaign across the three major zones has confirmed extensive, continuous mineralization throughout the existing horizon of the initial Mineral Resource Estimate as well as two new phosphate intersects. Existing [...]
First Phosphate is pleased to announce that it has finalized a letter of Intent from the Danish Export Credit Agency for up to EUR 170 Million in equipment and services purchases for its igneous phosphate mine project. EIFO is backed by the Danish state, and as such, the EIFO guarantee can be considered AAA rated. The guarantee is provided to one or more banks providing the funding and EIFO participation can be expected [...]
First Phosphate is pleased to announce the completion of its infill drill program launched on Oct 21, 2025 at its Bégin-Lamarche property. The drilling campaign has confirmed extensive, continuous mineralization across the existing horizon of the initial resource estimate. The drill program has also discovered two new phosphate intersects located in the Northern Zone and in the Southern Zone on the eastern side of the [...]
Join The Ellis Martin Report for a conversation with John Passalacqua, CEO of First Phosphate, as the company advances a vertically integrated, North American supply chain for lithium iron phosphate batteries. First Phosphate recently secured a C$16.7 million non-repayable contribution from the Government of Canada, reinforcing its role in building a domestic critical minerals ecosystem. The funding supports feasibility [...]
First Phosphate is pleased to announce that it has finalized an agreement, on March 4, 2026, for a $16.7 million non-repayable contribution from the Government of Canada through Natural Resources Canada Global Partnerships Initiative. This contribution funding will accelerate the development of the phosphate project in Bégin-Lamarche by developing the technical and engineering parameters - including processing circuits [...]