Saguenay, Québec-- - First Phosphate Corp. is pleased to announce that the Chairman of its Board of Directors, Laurence W. Zeifman, and its CEO, John Passalacqua, have recently made open market purchases of the Company's common shares. "I believe that the underlying value of the Company may not be reflected in the market price of the Company's common shares and, as a result, I have acted on this misalignment to increase [...]
On July 29, 2024, First Phosphate CEO, John Passalacqua, indirectly acquired a total of 366,500 common shares of First Phosphate Corp. in the open market. Mr. Passalacqua now beneficially owns and controls 11,204,529 Shares and 2,941,500 securities convertible into Shares representing approximately 18.82% of the outstanding Shares on a non-diluted basis and 18.11% on a partially diluted basis assuming exercise of all such [...]
First Phosphate Corp. CEO John Passalacqua Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to announce that all results from the drilling program at its Bégin-Lamarche project are now available. The 99-hole drill program, totaling 25,929 meters, has uncovered a significant high-quality igneous phosphate deposit. The drilling has shown continuous phosphate mineralization over a length of 2,400 meters [...]
First Phosphate is pleased to announce that all results from its drilling program at its Bégin-Lamarche project are now available. The 99 hole drill program totaling 25,929 m completed on its Bégin-Lamarche project has uncovered a significant high-quality igneous phosphate deposit. The drilling has shown continuous phosphate mineralization over a length of 2,400 m spread across 3 mineralized zones. A NI 43-101 resource [...]
First Phosphate Corp. Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to discuss the latest results from the company's Bégin-Lamarche project in Quebec. The company has completed a 25,929-meter drill program ahead of schedule in April, with all samples now shipped to the lab for analysis. A 43-101 resource estimate will soon be initiated, followed by a Preliminary Economic Assessment. Both studies [...]
First Phosphate Corp. is pleased to report results from another 11 drill holes at its Bégin-Lamarche project. The Company's 25,929 m drill program was completed ahead of schedule on April 29, 2024. All samples have now been shipped to Actlabs, for analyses. Shortly, a 43-101 resource estimate will be initiated followed immediately by a Preliminary Economic Assessment. Results of both studies are expected by end of fiscal [...]
Saguenay, Québec-- - First Phosphate Corp. is pleased to announce that it has filed and received a receipt for its final short form base shelf prospectus . The Shelf Prospectus has been filed, in both official languages , under legislation in each of the provinces and territories of Canada. The Company is well capitalized at the moment for at least the next 12 months and beyond and has no immediate plans to raise funds [...]
First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to announce that the Canadian government has updated its critical minerals list for the first time since 2021, adding phosphorus, high-purity iron, and metallic silicon. This update brings the total number of critical minerals to 34. Passalacqua highlighted several advantages of phosphorus being included on this list, emphasizing the [...]
First Phosphate Corp. is pleased to announce that the Canadian Minister of Energy and Natural Resources , Mr. Jonathan Wilkinson, unveiled today an update to the Critical Minerals list of Canada to include phosphorous, high-purity iron and silicon metal to its list of 34 minerals and metals: https://www.canada.ca/en/natural-resources-canada/news/2024/06/government-of-canada-releases-updated-critical-minerals-list.html To [...]
First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to announce the results from 29 additional drill holes at the Bégin-Lamarche project in Quebec. The company's drill program, totaling 25,929 meters, was completed ahead of schedule, with 4,557 assays received to date and 1,775 assays expected by May's end. Passalacqua highlighted the progress, noting that 23 drill holes have been completed in [...]
First Phosphate Corp. is pleased to report results from another 29 drill holes at its Bégin-Lamarche project. The Company's 25,929 m drill program was completed ahead of schedule on April 29, 2024. To date, 4,557 assays have been received representing 16,468 m of drilling. A remaining 1,775 assays are expected to be delivered by the end of May. Highlights: Phosphate Mountain Zone: Drill hole BL-24-67 intersected 11.85 [...]
First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to announce that the company has signed a partially binding letter of intent with Rapid Building Systems of Australia. This agreement marks the initial steps toward establishing a Rapidwall Manufacturing Plant in the Saguenay-Lac-St-Jean Region of Quebec. Once the terms are finalized, First Phosphate will obtain exclusive sales and marketing [...]