First Phosphate Corp. announces that its recent white paper submission to the United States Department of Defense Defense Industrial Base Consortium for securing a North American phosphate supply of lithium iron phosphate cathode active materials received a "Met" rating. A "Met" rating, which does not indicate the white paper has been selected for award at this time, means that the white paper is eligible for award for 36 [...]
First Phosphate is pleased to announce that it has closed the second and final tranche of its non-brokered private placement financing, as further described in the Company's news releases dated May 9, 2025 and May 28, 2025. As part of both tranches of the Offering, the Company raised a total of $3,517,519 through the issuance of 7,275,309 Flow-Through Shares at a price of $0.35 for gross proceeds of $2,773,858, and [...]
First Phosphate Corp. is pleased to announce that on, May 27, 2025, it closed a non-brokered private placement financing , as further described in the Company's news release dated May 9, 2025. As part of the Offering, the Company raised a total of $2,391,155 through the issuance of 4,391,880 Flow-Through Shares for gross proceeds of $1,764,658 and 1,789,990 Hard Dollar Units, comprised of 1,789,990 Common Shares and [...]
First Phosphate Corp. is pleased to announce a non-brokered private placement for gross proceeds of a minimum of $1 million. The Proposed Offering is anticipated to consist of any combination of: Flow-through shares of the Company at a price of $0.35 per share ; and Hard dollar units of the Company at a price of $0.35 per Hard Dollar Unit , with each Hard Dollar Unit comprised of: one common share in the capital of the [...]
First Phosphate Corp. announces that it has voluntarily filed a Form 15F with the United States Securities and Exchange Commission today for the purpose of terminating the registration of its common shares and its reporting obligations under the Securities Exchange Act of 1934 . Trading of the Company common shares will be uninterrupted by the deregistration, including as they are currently traded in the United States [...]
First Phosphate Corp. applauds dialogue on the development of Quebec's clean, igneous phosphate reserves during the Canadian Federal Election Debate held on April 17, 2025 in Montreal, Quebec, Canada. During the debate, while being questioned on critical mineral development in Canada, Yves-François Blanchet, Leader of the Bloc Québécois mentioned: "Quebec has probably the most important clean phosphate reserves in North [...]
First Phosphate Corp. highlights its strategic role in driving the onshoring of American manufacturing by supplying the domestic Lithium Iron Phosphate battery materials essential to factory automation and robotics. The resurgence of American manufacturing hinges on robotics, factory automation, and grid-scale energy storage-technologies powered by LFP batteries. These phosphate-based batteries are favored for their [...]
In a recent edition of the Emerging Markets Report we brought to your attention a compelling story in the phosphate industry. We outlined the correlation between phosphate and the Electric Vehicle industry and how if one believed in the future of EVs, that phosphate deals were a natural extension to explore. You can read that essay on First Phosphate Corp. at this link. Just a few days ago, First Phosphate dropped a nuts [...]
First Phosphate Corp. is pleased to announce the following corporate updates. Bégin-Lamarche Phosphate Mine The Company recently concluded its National Instrument 43-101 compliant mineral resource estimate and its NI 43-101 compliant Preliminary Economic Assessment for its Bégin-Lamarche property. The Company is in the process of completing its internal pre-feasibility analysis and is readying to launch its formal [...]
First Phosphate is pleased to announce it has filed on SEDAR+ its Preliminary Economic Assessment Technical Report on the Bégin-Lamarche Phosphate Project. The PEA provides a potentially viable case for developing the Property by open pit mining for the primary production of a phosphate concentrate and secondary recovery of magnetite concentrate. Highlights of the PEA : The Project would produce an annual average of [...]
There are moments in the market when you know that the fad has become trendy, that the idea is entrenched, that the reality of the present and the certainty of the future seem clear. It appears that moment is clear for Electric Vehicles and one of the necessary ingredients for their production… lithium iron phosphate. Sure, the price of EVs continues to be volatile with prices for EV batteries full of this [...]
First Phosphate Corp. is pleased to announce two research reports by Queen's University and Université de Québec à Chicoutimi. The purpose of these reports is to describe and interpret the mineralogy, petrology, and geochemistry of the Mountain, North and South Zones of the Bégin-Lamarche igneous phosphate deposit. The Bégin-Lamarche deposit is part of the 1.14 Ga Lac-Saint-Jean Anorthositic Suite, Québec, which is the [...]