First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) earlier this week highlighted its inclusion in the G7 Critical Minerals Resilience and Production Alliance, with chief executive officer John Passalacqua telling Proactive that the recognition represents an important step in advancing the company's integrated LFP battery materials strategy. Passalacqua said First Phosphate was selected as one of only 13 projects identified under the alliance, which was established to support critical minerals resilience and production across G7 nations.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has gained strategic and financial validation through its participation in G7-linked critical minerals initiatives and related investment interest, according to Noble Capital Markets analysts. The company this week announced that it has obtained international investment support and finalized offtake agreements through the Critical Minerals Resilience and Production Alliance during the 2026 G7 Summit in Evian, France.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) announced that it has formalized a series of international investment and offtake agreements under the Critical Minerals Resilience and Production Alliance during the 52nd G7 Summit in Évian, France. The company said the framework includes multiple letters of interest (LOIs) from export credit agencies, financial institutions, and industrial partners supporting the development of its Quebec-based phosphate projects and downstream processing infrastructure.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has closed a $15.4 million financing to continue advancing its work in the North American LFP battery industry. The company raised gross proceeds of $2.9 million through the issuance of just over 1.4 million hard dollar units at $2 per unit, and $12.6 million through nearly 6.3 million flow-through shares also priced at $2 per share.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) earlier this week reported a substantially updated mineral resource estimate for its Bégin-Lamarche phosphate project in Quebec, with indicated resources increasing by 378% following extensive drilling and metallurgical work. CEO John Passalacqua told Proactive that the company had now completed more than 65,000 metres of drilling across the property, including a 40,000m second drill campaign completed earlier this year.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has announced plans for a non-brokered private placement aimed at existing investors, targeting minimum gross proceeds of $5 million. The offering will consist of a combination of hard dollar units and flow-through shares, each priced at $2 per unit or share Under the hard dollar unit offering, each unit will include one common share and one warrant.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has unveiled an updated mineral resource estimate for its Bégin-Lamarche phosphate project in Quebec, highlighting a significant increase in indicated resources following its 2025 to 2026 drilling program. The company said the updated estimate, effective May 1, 2026, shows a 378% increase in indicated mineral resources compared with its initial estimate released in September 2024.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) CEO John Passalacqua talked with Proactive about the implications of Agnico Eagle Mines' subsidiary acquiring Fox River Resources for $94 million and what the move means for the phosphate and LFP battery sectors. Passalacqua explained that the transaction represents significant validation for the igneous phosphate market in North America, particularly as Agnico Eagle is traditionally known as one of the world's largest gold producers.
Arianne Phosphate Inc (TSX-V:DAN, OTCQB:DRRSF) said on Thursday it has successfully produced phosphoric acid on a continuous basis from its high-purity phosphate concentrate, marking the first time the process has been achieved in Quebec from a locally sourced apatite concentrate in more than 130 years. The milestone involved producing roughly 1.5 tonnes of phosphoric acid over a one-week period at mineral processing research centre Corem's facilities.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has been awarded a repeat ‘Outperform' rating from Noble Capital Markets analysts who pointed to what they see as a strategically well-positioned project portfolio tied to growing demand for lithium iron phosphate (LFP) battery materials and a tightening supply backdrop for high-purity phosphate. The firm has a price target of US$1.65 on the company, above current levels of about US$1.15.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) CEO John Passalacqua talked with Proactive about the company's latest $3 million financing through a warrant exercise and what it means for its financial position and project development timeline. Proactive: All right welcome back inside our Proactive newsroom.
Shares of First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) closed nearly 18% higher on Tuesday after a landmark acquisition shook the North American igneous phosphate sector and drew fresh investor attention to the space. The catalyst: Fox River Resources Corporation (CSE: FOX) announced it has entered into a definitive arrangement agreement under which Avenir Minerals Limited will acquire all outstanding common shares of Fox River for C$94.3 million in cash, which surpasses the full capital originally allocated to Avenir by its parent company, Agnico Eagle Mines Ltd (TSX:AEM).