First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF) CEO John Passalacqua joined Proactive to discuss the company's newly launched 30,000-meter drill program, its goals for defining the resource, and how it fits into plans for producing North American lithium iron phosphate (LFP) battery cells. Proactive: You've just launched a 30,000-meter accelerated drill program.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF) has noted recent volatility and increased trading volume in its shares, which has followed China's newly announced export controls on critical materials, including lithium iron phosphate (LFP) cathode active material (CAM). On October 9, 2025, China's Ministry of Commerce introduced broad unilateral export restrictions covering rare earth elements, processed critical materials, and related technologies and equipment.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF)CEO John Passalacqua spoke with Proactive about the company's recently launched $15 million private placement and how it strengthens its growth path. Passalacqua explained that the financing, conducted under a LIFE offering, is different from the company's previous raises.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF) announced that it has closed a follow-on tranche of its oversubscribed non-brokered private placement financing, raising $3.78 million. The tranche, completed on September 12, included the issuance of 5.15 million flow-through shares for gross proceeds of $2.58 million, along with 2.42 million hard dollar units, comprised of common shares and warrants, for gross proceeds of $1.21 million.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF) CEO John Passalacqua talked with Proactive about the company's recently completed private placement financing. Passalacqua said the company raised $2.3 million through a hard dollar financing.
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.