Phosphate Holdings Inc. (PHOS)
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First Phosphate raises $3M from warrant exercises, remains debt-free
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) announced that it has raised more than $3 million through the recent exercise of share purchase warrants, adding to its funding base as it advances development plans. The company reported gross proceeds of $3,070,549 following the exercise of 2,456,439 warrants ahead of their expiry in late April, with each warrant converted at a price of $1.25 per share.
First Phosphate's Bégin-Lamarche infill drilling delivers strong results - ICYMI
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) CEO John Passalacqua talked with Proactive about the latest analytical results from infill drilling at the Bégin-Lamarche project, highlighting strong assay results and key progress toward an updated mineral resource estimate. Proactive: All right welcome back inside our Proactive newsroom.
First Phosphate confirms broad mineralization at Bégin-Lamarche
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) said on Monday that infill drilling at its Bégin-Lamarche property in Québec's Saguenay-Lac-Saint-Jean region has confirmed extensive and continuous phosphate mineralization across all three major deposit zones, while also uncovering two previously unknown intersects that expand the project's footprint. The recent campaign targeted the project's Mountain, North and South zones and was designed to tighten the geological understanding of the area covered by its initial Mineral Resource Estimate (MRE), published in September 2024.
First Phosphate secures €170M mine funding boost – ICYMI
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) earlier this week outlined new financial backing for its Bégin-Lamarche project, highlighting a letter of support from Denmark's export credit agency EIFO for up to €170 million. The company reported that the funding would contribute toward the estimated €450 million capital expenditure required to develop the igneous phosphate project.
First Phosphate advances funding strategy, earning repeat ‘Outperform' rating from Noble analysts
Noble Capital Markets has maintained its ‘Outperform' rating on First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) following the company's latest financing update, with the analysts describing the move as another major milestone for the company. Earlier this week, First Phosphate announced it has secured a non-binding letter of interest (LOI) from the Export and Investment Fund of Denmark (EIFO) for up to €170 million.
First Phosphate announces proposed €170M backing from Danish Export Credit Agency for Quebec project
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has announced that it has received a non-binding letter of intent from Denmark's export credit agency, EIFO, for a potential guarantee of up to €170 million tied to its proposed igneous phosphate mining project in Quebec. The Canadian company said the financing support would be directed toward equipment and service purchases for its project in the Saguenay–Lac-Saint-Jean region.
First Phosphate advances battery-grade phosphate project as analysts highlight strategic Federal support
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has taken a key step toward becoming a domestic supplier of battery-grade phosphate, securing a C$16.7 million non-repayable contribution from the Government of Canada. Analysts at Emerging Growth highlighted the funding as an important step in advanting its Bégin-Lamarche project in Quebec.
First Phosphate ‘firing on all cylinders' to advance flagship project, says Noble
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) is “firing on all cylinders” as it advances its Bégin-Lamarche project in Quebec, supported by strong drilling results, government backing and a growing financial position, according to analysts at Noble Capital Markets. Analysts highlighted the company's completion of an expanded 40,000-metre infill drill program at its flagship property in Saguenay–Lac-Saint-Jean, which confirmed continuity of phosphate mineralization and identified two new mineralized intercepts in the Northern and Southern zones.
First Phosphate identifies new mineralization at Bégin-Lamarche project
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) said on Tuesday it has completed an expanded infill drilling program at its Bégin-Lamarche property in Quebec, confirming continuous phosphate mineralization and identifying new zones. The company said the campaign, initially launched in October 2025, totalled about 40,000 metres after an additional 10,000 metres of drilling was added to the original 30,000-metre program.
First Phosphate secures $16.7M in federal funding for Québec phosphate project
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) announced that it has finalized an agreement with the Government of Canada for a $16.7 million non-repayable contribution to support the development of its Bégin-Lamarche phosphate project in the Saguenay–Lac-Saint-Jean region of Québec. The funding will be provided through the Natural Resources Canada Global Partnerships Initiative and will help advance technical and engineering work for the project.
First Phosphate reduces project risk with Federal funding, offtake validation: Noble analysts
Analysts at Noble Capital Markets have welcomed recent developments at First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY), which they believe meaningfully reduce technical, funding, and capital markets risk as the company advances toward a feasibility study. First Phosphate recently received conditional approval for up to C$16.7 million in non-repayable funding through Natural Resources Canada under the Global Partnerships Initiative.
Canada gives First Phosphate C$16.7 million to develop domestic battery supply chain
The Canadian government has conditionally approved a non-repayable grant of up to C$16.7 million for First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY), a Quebec-based mineral developer, to advance work on producing battery-grade phosphate concentrate for the lithium iron phosphate battery market. The funding comes through Natural Resources Canada, the federal department overseeing the country's resources sector, under its Global Partnerships Initiative, which supports projects aimed at strengthening critical mineral supply chains.
