Vertical integration into North American supply chains
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First Phosphate Graduates to Trading on OTCQX Best Market in the United States
Newsfile· 2025-08-12 11:07
Core Viewpoint - First Phosphate Corp. has graduated to trading on the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors [1][2]. Group 1: Company Overview - First Phosphate Corp. is a mineral development company focused on producing high-purity phosphate for the lithium iron phosphate (LFP) battery industry [4]. - The company employs a vertically integrated approach, linking sustainable phosphate mining in Quebec with North American battery supply chains, targeting sectors such as energy storage, data centers, robotics, mobility, and defense [4]. - The flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean is noted for being one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities [4]. Group 2: Trading and Market Presence - Trading on OTCQX is expected to enhance the visibility and accessibility of First Phosphate common shares to U.S. investors, as OTCQX is the highest-level trading venue of the OTC Markets Group [2]. - First Phosphate's common shares will continue to trade on the Canadian Securities Exchange (CSE) and the Frankfurt Stock Exchange (FSE) for global investor exposure [3].