First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) has announced positive results of a Preliminary Economic Assessment at its Begin-Lamarche property in Saguenay-Lac-Saint-Jean, Quebec, Canada. The company said the assessment provides a potentially viable case for developing the property through open-pit mining, focusing on the primary production of phosphate concentrate and the secondary recovery of magnetite concentrate.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) has signed a technology license agreement (TLA) with Prayon of Belgium to produce merchant-grade phosphoric acid (MGA) and high-purity gypsum from igneous apatite phosphate rock. The agreement allows First Phosphate to design, build, and operate a Canadian MGA manufacturing facility with a production capacity of 600 metric tons of P2O5 per day.
First Phosphate Corp. (CSE:PHOS, OTCQB:FRSPF) has announced a strategic collaboration with GKN Hoeganaes, a division of GKN Powder Metallurgy, to support the development of lithium iron phosphate (LFP) cathode active material. The company sees the partnership as a pivotal step in establishing a sustainable and locally sourced supply chain for LFP batteries in North America, essential for electric vehicles (EVs) and energy storage systems.
First Phosphate Corp. (CSE:PHOS) announced that its shares are now trading on the OTCQB Venture Market under the ticker 'FRSPF' and are eligible for electronic clearing and settlement in the US through the Depository Trust Company (DTC). The company said it expects these milestones are expected to enhance liquidity and simplify trading for US investors.
First Phosphate Corp. (CSE:PHOS) is strategically positioned to capitalize on North America's growing demand for lithium iron phosphate (LFP) batteries by building strong partnerships and advancing its Quebec-based projects, according to Hallgarten. A new report from Hallgarten highlighted the Canadian company's role in the burgeoning lithium iron phosphate (LFP) battery market.
First Phosphate Corp. (CSE:PHOS) has announced the release of a peer-reviewed research note conducted by Queen's University and Université du Québec à Chicoutimi that examines igneous phosphate ore bodies around the world. The study highlights the company's Bégin-Lamarche property in Quebec, comparing its ore grade and beneficiated phosphate levels with those from major deposits in Russia, Finland, South Africa, and Brazil.
First Phosphate Corp. (CSE:PHOS) this week unveiled its initial Mineral Resource Estimate for the Bégin-Lamarche phosphate project, located in Quebec. CEO John Passalacqua and Chief Geologist Gilles Laverdiere joined Proactive to discuss the milestone.
First Phosphate Corp. (CSE:PHOS) has released the results of its initial Mineral Resource Estimate for its Bégin-Lamarche project, located 50 kilometers to the north of the City of Saguenay, in Quebec, Canada. Per the report, the project hosts an Inferred pit-constrained mineral resource of 214 million tons at 6.01% P2O5 (phosphate) and an Indicated pit-constrained mineral resource of 41.5 million tons at 6.49% P2O5.
First Phosphate Corp. (CSE:PHOS) has finalized a lease for a facility in Saguenay-Lac-St-Jean, Quebec, to establish a 10,000-tonne per annum iron phosphate cathode active material plant. The plant, known as "First Saguenay," will play a crucial role in the company's efforts to supply lithium iron phosphate (LFP) batteries.
First Phosphate Corp. (CSE:PHOS) announced the appointment of Peter Nicholson to its Board of Directors, following the departure of Marc Branson. Nicholson, the founder and president of Wealth Creation Preservation & Donation, brings extensive experience in Canadian tax-assisted investments, particularly in the mining sector.
First Phosphate Corp. (CSE:PHOS) has announced that its chairman, Laurence Zeifman, and CEO, John Passalacqua, have made significant open market purchases of the company's common shares. Zeifman, through a controlled corporation, acquired 370,500 shares between July 31 and August 9, 2024, at prices ranging from $0.17 to $0.217 per share.
First Phosphate Corp. (CSE:PHOS) announced that CEO John Passalacqua has indirectly acquired an additional 366,500 common shares in the open market, bringing his beneficial ownership to over 11.2 million shares and 2.9 million convertible securities. Passalacqua's holdings now represent approximately 18.82% of the outstanding shares on a non-diluted basis and 18.11% on a partially diluted basis, the company said in a statement.