First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF) announced the closing of its most recent non‑brokered private placement, raising a total of C$2.95 million. The mineral development company said the offering was subscribed to by an existing investor, and other follow-on investors.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) has announced a non-brokered private placement for gross proceeds of a minimum of $1 million to accommodate demand from an existing investor. The offering is anticipated to consist of any combination of flow-through shares at a price of $0.50 per share and hard dollar units at a price of $0.50 per unit.
DVA rides early momentum from phosphate binders ahead of second-quarter 2025 earnings, but PD supply issues may cloud growth.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) said on Friday it has finalized an industrial land option agreement with the Port of Saguenay in Quebec, marking a key step toward the development of a phosphoric acid plant to support the lithium iron phosphate (LFP) battery supply chain. The agreement gives First Phosphate the exclusive right to secure a long-term lease on the land by the end of 2027, subject to meeting financial and development milestones.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) announced that it has closed the final tranche of its oversubscribed non-brokered private placement, raising a total of $4.69 million through two tranches completed on July 8 and July 16. The financing, which initially aimed to raise $2 million, saw strong investor demand, the company said.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF)has achieved a major milestone in its mission to establish a North American supply chain for lithium iron phosphate (LFP) batteries. Speaking from the OREBA3 conference in Montreal, CEO John Passalacqua joined Proactive to discuss the company's successful production of commercial-grade LFP battery cells using 100% North American-sourced critical minerals.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) announced that it has completed a private placement financing with a strategic investor and follow-on participants, raising gross proceeds of approximately $3.2 million. The company issued approximately 9.13 million Flow-Through Shares at $0.35 each, raising about $3.19 million.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF), the Quebec-based mineral development firm, plans to raise at least $2 million in a private share placement to a strategic investor, aiming to support exploration work and general corporate activities. The offering will follow the structure of a similar fundraising in May that was initially pitched at $1 million but ultimately pulled in more than three times that amount.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) CEO John Passalacqua talked with Proactive about the company's recent metallurgical testing progress and next steps toward a feasibility study for its Bégin-Lamarche project in Quebec. The company has collected a 5,000-kilogram bulk sample to refine its phosphate separation process and further validate its earlier pilot results, which had already achieved nearly 90% phosphate recovery.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) announced that it has collected a 5,000-kilogram bulk sample from its Bégin-Lamarche phosphate project in the Saguenay-Lac-Saint-Jean region of Quebec to be used for metallurgical testing to refine the recovery process of critical minerals. The company aims to refine the process for the recovery of apatite (phosphate), magnetite (iron), and ilmenite (titanium).
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) said it is in the midst of an internal prefeasibility analysis ahead of a formal feasibility study on its Bégin-Lamarche phosphate mine in Quebec. The company recently completed its mineral resource estimate and preliminary economic assessment for the Bégin-Lamarche project.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) has filed its preliminary economic assessment with SEDAR, part of the regulatory portion of the report that was released back in December 2024. The PEA on the Begin-Lamarche property outlines a “potentially viable case” for open pit mining of phosphate concentrate.