First Phosphate Corp. is pleased to announce that it has closed its non-brokered private placement financing , as further described in the Company's news release dated December 18, 2024. As part of the Offering, originally announced for gross proceeds of a minimum of $1 million, the Company raised total gross proceeds of $2,695,459. The Company issued 7,448,455 Flow-Through Shares for gross proceeds of $2,606,960 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. is pleased to announce that, yesterday, the Company signed two long-term offtake agreements with creditworthy offtake partners with respect to its future productions to take place in Saguenay-Lac-St-Jean, Quebec, Canada, thereby de-risking its future projects and enhancing their prospective financing. In addition, the Company is now entering the next phase of discussions with the Pekuakamiulnuatsh [...]
First Phosphate Corp. is pleased to announce the positive results of its Preliminary Economic Assessment on the Bégin-Lamarche Property. The PEA provides a potentially viable case for developing the Property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate. Highlights: The Project would produce an annual average of 900,000 tonnes of [...]
First Phosphate Corp. is pleased to announce that it has signed a technology license agreement with Prayon SA of Engis, Belgium for the technology to produce merchant grade phosphoric acid from igneous apatite phosphate rock as well as high-purity gypsum. Prayon will grant First Phosphate a license to use its technology to design, build, operate and maintain, within Canada, a Merchant Grade phosphoric acid manufacturing [...]
First Phosphate Corp. is pleased to announce that that it has engaged Capital Analytica to provide investor relations and communications services to the Company. The services will include continuing social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting, corporate video dissemination, and investor relations [...]
GKN Hoeganaes, a division of GKN Powder Metallurgy and one of the largest iron powder producers globally, today announces a strategic collaboration with First Phosphate . This partnership marks a significant step toward establishing a North American supply chain for lithium iron phosphate batteries, a critical component for the electric vehicle and energy storage industries. The partnership follows GKN Hoeganaes [...]
First Phosphate Corp. is pleased to announce that its common shares have commenced trading today on the OTCQB Venture Market under the ticker symbol FRSPF. The Company is equally pleased to announce that its common shares are eligible for electronic clearing and settlement in the United States through the Depository Trust Company . The OTCQB is a leading market for early-stage and developing U.S. and international [...]
First Phosphate Corp. is pleased to announce that the Company has filed its Initial Mineral Resource Estimate Technical Report for the Bégin-Lamarche Project, located 50 km northwest of the City of Saguenay, Quebec, Canada. The Technical Report titled "Technical Report and Initial Mineral Resource Estimate of The Bégin-Lamarche Phosphate Property, Saguenay - Lac Saint-Jean Region, Northern Quėbec" dated November 1 [...]
First Phosphate Corp. is pleased to announce that a peer-reviewed research note has been published by Queen's University and Université de Québec à Chicoutimi entitled: Igneous Rock Phosphate: ore grades, concentrates and mining operations around the world Drs. Sandeep Banerjee, Peir K. Pufahl, Sarah Dare Department of Geological Sciences and Engineering, Queen's University Département des Sciences Appliquées/LabMaTer [...]
First Phosphate Corp. is pleased to announce the results of its initial Mineral Resource Estimate for its Bégin-Lamarche project, located 50 km north of the City of Saguenay, Quebec, Canada. The MRE, with an effective date of September 9, 2024, was carried out by M. Antoine Yassa, P.Geo., of P&E Mining Consultants Inc., who is an Independent Qualified Person within the meaning of Canadian Securities Administrators [...]
First Phosphate Corp. is pleased to announce that it has secured a facility lease for a 10,000 tonne per annum iron phosphate cathode active material pre-cursor plant in Saguenay , Quebec, Canada. Iron phosphate is a key pre-cursor used in the production of cathode active material for lithium iron phosphate batteries. Local Support and Job Creation in Saguenay-Lac-St-Jean, Quebec, Canada The establishment of the First [...]