First Phosphate Corp.

In a recent edition of the Emerging Markets Report we brought to your attention a compelling story in the phosphate industry. We outlined the correlation between phosphate and the Electric Vehicle industry and how if one believed in the future of EVs, that phosphate deals were a natural extension to explore. You can read that essay on First Phosphate Corp. at this link. Just a few days ago, First Phosphate dropped a nuts [...]

First Phosphate Corp. is pleased to announce the following corporate updates. Bégin-Lamarche Phosphate Mine The Company recently concluded its National Instrument 43-101 compliant mineral resource estimate and its NI 43-101 compliant Preliminary Economic Assessment for its Bégin-Lamarche property. The Company is in the process of completing its internal pre-feasibility analysis and is readying to launch its formal [...]

First Phosphate is pleased to announce it has filed on SEDAR+ its Preliminary Economic Assessment Technical Report on the Bégin-Lamarche Phosphate Project. The PEA provides a potentially viable case for developing the Property by open pit mining for the primary production of a phosphate concentrate and secondary recovery of magnetite concentrate. Highlights of the PEA : The Project would produce an annual average of [...]

There are moments in the market when you know that the fad has become trendy, that the idea is entrenched, that the reality of the present and the certainty of the future seem clear. It appears that moment is clear for Electric Vehicles and one of the necessary ingredients for their production… lithium iron phosphate. Sure, the price of EVs continues to be volatile with prices for EV batteries full of this [...]

First Phosphate Corp. is pleased to announce two research reports by Queen's University and Université de Québec à Chicoutimi. The purpose of these reports is to describe and interpret the mineralogy, petrology, and geochemistry of the Mountain, North and South Zones of the Bégin-Lamarche igneous phosphate deposit. The Bégin-Lamarche deposit is part of the 1.14 Ga Lac-Saint-Jean Anorthositic Suite, Québec, which is the [...]

First Phosphate Corp. is pleased to announce that it has closed its non-brokered private placement financing , as further described in the Company's news release dated December 18, 2024. As part of the Offering, originally announced for gross proceeds of a minimum of $1 million, the Company raised total gross proceeds of $2,695,459. The Company issued 7,448,455 Flow-Through Shares for gross proceeds of $2,606,960 and [...]

First Phosphate Corp. is pleased to announce a non-brokered private placement for gross proceeds of a minimum of $1 million. The Proposed Offering is anticipated to consist of any combination of: Flow-through shares of the Company at a price of $0.35 per share ; and Hard dollar units of the Company at a price of $0.35 per Hard Dollar Unit , with each Hard Dollar Unit comprised of: one common share in the capital of the [...]

First Phosphate Corp. is pleased to announce that, yesterday, the Company signed two long-term offtake agreements with creditworthy offtake partners with respect to its future productions to take place in Saguenay-Lac-St-Jean, Quebec, Canada, thereby de-risking its future projects and enhancing their prospective financing. In addition, the Company is now entering the next phase of discussions with the Pekuakamiulnuatsh [...]

First Phosphate Corp. is pleased to announce the positive results of its Preliminary Economic Assessment on the Bégin-Lamarche Property. The PEA provides a potentially viable case for developing the Property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate. Highlights: The Project would produce an annual average of 900,000 tonnes of [...]

First Phosphate Corp. is pleased to announce that it has signed a technology license agreement with Prayon SA of Engis, Belgium for the technology to produce merchant grade phosphoric acid from igneous apatite phosphate rock as well as high-purity gypsum. Prayon will grant First Phosphate a license to use its technology to design, build, operate and maintain, within Canada, a Merchant Grade phosphoric acid manufacturing [...]