AUSTIN, TX / ACCESS Newswire / December 8, 2025 / American Antimony Corporation (OTCID:XTPT), operating as Xtra Energy Corporation, a U.S.-based mineral development company focused on domestic antimony resources, and Silver Opportunity Partners LLC, a subsidiary of Sunshine Silver Mining & Refining Company (SSMRC), are pleased to announce they have entered into a formal Metallurgical Testing Agreement (MTA) to evaluate antimony-bearing material from American Antimony's American Antimony Project, located in ...

Core Viewpoint - First Phosphate Corp. has successfully closed a subsequent tranche of its non-brokered private placement financing, raising significant funds to support its operations and growth strategy [1][2]. Financing Details - The company raised gross proceeds of $3,570,848 through the issuance of 3,355,832 Flow-Through Shares and 611,777 Hard Dollar Units [2]. - In the latest tranche, the company raised $1,390,699, which includes $999,999 from 1,111,110 Flow-Through Shares and $390,700 from 431,111 Hard Dollar Units [2][3]. - To date, First Phosphate has raised approximately $43.6 million through 10 management-led non-brokered private-placement financings since June 2022 [3]. Compensation and Incentives - The company granted 4,700,000 incentive stock options and 1,303,000 restricted stock units as part of its compensation plan [5]. - Each option has an exercise price of $0.90 and will vest over two years, while the RSUs will vest on January 1, 2026 [5]. Company Overview - First Phosphate is focused on developing a vertically integrated lithium iron phosphate battery supply chain for North America, targeting markets such as energy storage and national security [6]. - The company's flagship property, Bégin-Lamarche, is noted for its high-purity phosphate resources [7].

Core Viewpoint - First Phosphate Corp. successfully closed an oversubscribed private placement, raising a total of $2.18 million from existing and follow-on investors, indicating strong investor interest and confidence in the company's strategic direction [1][2]. Financing Details - The company issued 2,244,722 Flow-Through Shares at a price of $0.90 per share, generating gross proceeds of $2,020,250, and 177,666 Hard Dollar Units at the same price, yielding gross proceeds of $159,899 [2]. - Since June 2022, First Phosphate has raised approximately $42.2 million through 10 management-led non-brokered private-placement financings [3]. Compensation and Warrants - In connection with the Offering, the company issued 178,698 compensation common shares and 178,698 Compensation Warrants, which are exercisable at $1.25 per common share until April 30, 2026, with an Accelerated Expiry Date clause [3][4]. - The Compensation Warrants can be accelerated if the volume-weighted average trading price of the common shares exceeds $2.00 for five consecutive trading days [4]. Company Overview - First Phosphate is focused on developing a vertically integrated lithium iron phosphate (LFP) battery supply chain for North America, targeting markets such as energy storage, data centers, robotics, mobility, and national security [5]. - The company's flagship property, Bégin-Lamarche, is located in Saguenay-Lac-Saint-Jean, Quebec, and is noted for its high-purity phosphate resource [7].

Core Viewpoint - First Phosphate Corp. welcomes the Canadian government's investment of $57.6 million to construct a second wharf at Port Saguenay, which will enhance the transportation of its phosphate products and support regional economic growth [1][5]. Group 1: Government Investment - The Canadian government, represented by Minister Joël Lightbound, announced a $57.6 million investment for the construction of a second wharf at Port Saguenay [1]. - This investment is expected to facilitate the commercialization of natural resources in the Saguenay-Lac-St-Jean region, particularly benefiting First Phosphate's operations [5]. Group 2: Strategic Location and Infrastructure - The second wharf will be located adjacent to First Phosphate's planned phosphoric acid plant, improving logistics for transporting phosphate concentrate, phosphoric acid, and lithium iron phosphate (LFP) products to various markets [2]. - The company has secured an industrial land option agreement with Port Saguenay, which includes direct rail and vessel access to North American and global markets, as well as access to large-scale industrial infrastructure [8][10]. Group 3: Production and Market Potential - First Phosphate has produced commercial-grade LFP 18650 battery cells using North American critical minerals, with high-purity phosphoric acid sourced from its Bégin-Lamarche property [12]. - The critical minerals and intermediary products for LFP battery cells will be transported to European and North American offtakers via the new wharf [13]. Group 4: Company Overview - First Phosphate is focused on developing a vertically integrated mine-to-market LFP battery supply chain in North America, targeting markets such as energy storage and national security [15]. - The Bégin-Lamarche Property is noted for being one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities [15].

Core Points - First Phosphate Corp. announces a non-brokered private placement to raise a minimum of $2,000,000 from a strategic investor [1] - The proceeds will be allocated to Canadian exploration expenses and general corporate purposes [1][4] - The Offering is expected to close around November 21, 2025 [1] Offering Details - The Offering includes Flow-Through Shares and Hard Dollar Units, both priced at $0.90 per share/unit [7] - Each Hard Dollar Unit consists of one Common Share and one Warrant, with the Warrant exercisable at $1.25 until April 30, 2026 [7] - Eligible finders will receive a fee of up to 8% of gross proceeds and Compensation Warrants equivalent to 8% of the issued shares [2] Company Overview - First Phosphate is focused on developing a vertically integrated lithium iron phosphate battery supply chain for North America [4] - The flagship Bégin-Lamarche Property in Quebec is noted for its high-purity phosphate resource [5]

Core Insights - First Phosphate Corp. CEO John Passalacqua will present at the Toronto Global Forum 2025, focusing on securing North America's mineral supply chains for defense-critical minerals [1][2][3] - The company has successfully produced commercial-grade lithium iron phosphate (LFP) battery cells using North American-sourced critical minerals, aiming to localize the LFP battery supply chain [4] Company Overview - First Phosphate is a mineral development and cleantech company focused on building a vertically integrated mine-to-market LFP battery supply chain in North America, targeting markets such as energy storage, data centers, robotics, mobility, and defense [9] - The company's flagship Bégin-Lamarche Property in Quebec is noted for its high-purity phosphate resources with minimal impurities [10] Industry Context - The Toronto Global Forum, organized by the International Economic Forum of the Americas, gathers international leaders to discuss economic challenges and opportunities, highlighting the importance of securing supply chains for critical minerals [6][8]

Core Viewpoint - First Phosphate Corp. has announced a private placement offering to raise up to $15 million through the sale of units priced at C$0.60 each, aimed at funding various corporate initiatives including feasibility studies and infrastructure development [2][5]. Company Overview - First Phosphate is a mineral development company focused on producing high-purity phosphate for the lithium iron phosphate (LFP) battery industry, emphasizing sustainable extraction methods [9]. - The company's flagship project is the Bégin-Lamarche Property located in Saguenay-Lac-Saint-Jean, Quebec, which contains rare igneous anorthosite rock known for yielding high-purity phosphate with minimal impurities [9]. Offering Details - The private placement will consist of up to 25,000,000 units, each comprising one common share and one common share purchase warrant, with the warrants allowing the purchase of additional shares at C$0.90 for 36 months [3]. - The offering is scheduled to close on October 10, 2025, or on a date mutually agreed upon by the company and the lead agent, Integrity Capital Group Inc. [5]. Use of Proceeds - The net proceeds from the offering will be allocated towards completing the feasibility study and permitting for the Bégin-Lamarche Property, developing downstream infrastructure, and general corporate purposes [5]. Regulatory Compliance - The offering will comply with applicable regulatory requirements and will be available to purchasers in all Canadian jurisdictions, with potential offerings in the U.S. and offshore jurisdictions on a private placement basis [4][8].

Core Viewpoint - First Phosphate Corp. has successfully closed a subsequent tranche of its non-brokered private placement financing, raising a total of $3.78 million, contributing to a total of approximately $35.2 million raised since June 2022 [1][3]. Financing Details - The recent tranche raised $3.78 million through the issuance of 5,150,000 Flow-Through Shares for gross proceeds of $2.58 million and 2,415,000 Hard Dollar Units, which include 2,415,000 Common Shares and 1,207,500 Warrants, for gross proceeds of $1.21 million [2]. - In total, the company has raised gross proceeds of $6.73 million from both tranches, consisting of 9,899,000 Flow-Through Shares for $4.95 million and 3,565,000 Hard Dollar Units for $1.78 million [2]. Use of Proceeds - The proceeds from the Offering will be utilized as disclosed in the company's previous press release dated August 5, 2025 [3]. Company Overview - First Phosphate Corp. is focused on producing high-purity phosphate for the lithium iron phosphate (LFP) battery industry, emphasizing sustainable extraction and purification methods [5]. - The company's flagship project, the Bégin-Lamarche Property, is located in Saguenay-Lac-Saint-Jean, Quebec, and is known for its rare igneous anorthosite rock that yields high-purity phosphate with minimal impurities [5].

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].

Core Viewpoint - First Phosphate Corp. has signed an industrial land option agreement with Port of Saguenay to establish a phosphoric acid plant, marking a significant step in the company's development and strategic positioning in the critical minerals sector [1][2][7]. Agreement Details - The agreement grants First Phosphate exclusive rights to enter into a definitive land lease with the Port by December 31, 2027, contingent on meeting various financial and development milestones before construction begins in 2028 [2]. - The planned phosphoric acid plant will utilize advanced clean technology from Prayon SA of Belgium, with implementation by Ballestra S.pA. of Italy [3]. Strategic Benefits - The location provides direct rail and vessel access to North American and global markets, particularly benefiting European offtakers [4]. - The site offers access to large-scale industrial infrastructure, utilities, and potential for expansion [4]. - The project aims for vertical integration between upstream phosphoric acid production and downstream lithium iron phosphate (LFP) battery material production [4]. Government and Community Support - Canadian government officials expressed support for the project, highlighting its role in developing critical minerals and enhancing local economic opportunities [7][8]. - The project is seen as a significant step for the Saguenay-Lac-Saint-Jean region in the battery industry, aligning with sustainable economic development goals [8][9]. Company Overview - First Phosphate Corp. focuses on producing high-purity phosphate for the LFP battery industry, connecting sustainable phosphate mining in Quebec with North American battery supply chains [12]. - The company's flagship property, Bégin-Lamarche, is noted for its high-purity phosphate resources with minimal impurities [12]. Port Overview - The Port of Saguenay is recognized for its strategic importance and contribution to the Canadian economy, providing deep-water marine facilities and direct access to major North American rail and highway networks [13]. - The port is positioned as a natural logistics hub for the development of the critical minerals sector in northeastern Canada [10].