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The Economist· 2025-09-22 12:20
Metropoles usually extract resources from their colonies. Morocco does that too; it exports huge volumes of phosphates from Western Sahara and auctions off lucrative fishing contracts https://t.co/OpN3viiE4M ...
First Phosphate Closes Third Tranche of Oversubscribed Private Placement
Newsfile· 2025-09-22 11:17
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESSaguenay, Quebec--(Newsfile Corp. - September 22, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that on, September 19, 2025, it closed the third tranche of its non-brokered private placement financing (the "Offering"), as further described in the Company's n ...
First Phosphate raises $3.78M in follow-on tranche of private placement
Proactiveinvestors NA· 2025-09-15 12:43
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
First Phosphate closes oversubscribed financing; raises C$2.95M
Proactiveinvestors NA· 2025-08-25 13:15
About this content About Proactive Proactive leads the world in up-to-the-minute, multi-media news provision, events organisation, investor relations management and investor research Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team s ...
First Phosphate Closes Oversubscribed Private Placement to Existing and Follow-On Investors
Newsfile· 2025-08-25 11:07
Core Viewpoint - First Phosphate Corp. successfully closed an oversubscribed private placement, raising a total of $2.95 million from existing and follow-on investors [1][2]. Financing Details - The company issued 4,749,000 Flow-Through Shares at $0.50 each, generating gross proceeds of $2,374,500, and 1,150,000 Hard Dollar Units at the same price, yielding $575,000 in gross proceeds [2]. - Since June 2022, First Phosphate has raised approximately $31.4 million through nine management-led non-brokered private placements, with about $11.2 million raised in the last three months [3]. - The company incurred $25,200 in cash finder's fees and issued 218,320 compensation shares and 268,720 Compensation Warrants, all subject to a four-month and one-day hold period [3]. Future Plans - Proceeds from the offering will be utilized as disclosed in the company's previous press release dated August 5, 2025, with the potential for another tranche of the offering to be closed at the company's discretion [3]. - The company has approved the grant of 1,826,400 restricted share units (RSUs) to eligible directors, management, and consultants, which will vest on February 28, 2026 [5]. Company Overview - First Phosphate Corp. is focused on producing high-purity phosphate for the lithium iron phosphate (LFP) battery industry, emphasizing sustainable extraction methods [6]. - The company's flagship project, the Bégin-Lamarche Property in Quebec, features rare igneous anorthosite rock that provides high-purity phosphate with minimal impurities [6].
Fox River Announces Funding Award from the Critical Minerals Innovation Fund
Globenewswire· 2025-08-11 11:30
Core Points - The Ontario government has awarded Fox River Resources Corporation funding of up to CAD$218,500 through the Critical Minerals Innovation Fund for the Martison project [1][2] - The funding will be utilized for process test work to convert merchant grade phosphoric acid into purified phosphoric acid for the LFP battery supply chain [1][2] - The Martison project is described as a high-grade, large-scale igneous phosphate deposit that can provide a secure domestic supply of phosphate fertilizers and purified phosphoric acid [2] Company Information - Fox River owns a 100% interest in the Martison Phosphate Project, located near Hearst, Ontario, which hosts the Anomaly A deposit [4] - A positive preliminary economic assessment for the Martison project was effective as of April 21, 2022 [4] - The technical disclosure in the news release has been approved by Mr. Tim Horner, a qualified geologist [3]
First Phosphate launches $1M private placement to support Québec exploration
Proactiveinvestors NA· 2025-08-05 13:06
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
First Phosphate Announces Intention to Complete Non-Brokered Private Placement to Accommodate Demand from Existing Investor
Newsfile· 2025-08-05 11:07
First Phosphate Announces Intention to Complete Non-Brokered Private Placement to Accommodate Demand from Existing Investor August 05, 2025 7:07 AM EDT | Source: First Phosphate Corp. Saguenay, Quebec--(Newsfile Corp. - August 5, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce a non-brokered private placement for gross proceeds of a minimum of $1 million to accommodate demand from an existing investor (the "Offering"). The Offer ...
大型磷矿“上新” 四川新探获超1.3亿吨磷矿
Si Chuan Ri Bao· 2025-08-05 03:19
"雷波县马颈子东磷矿普查项目"由省地质局所属四川省第七地质大队承担。雷波县马颈子东磷矿属 于"隐伏矿体",矿体在深部的延伸情况不明,项目组通过对已有成矿理论进行更加精准的分析,对矿区 地质构造进行详细调查,优化施工方案,历时一年完成普查工作。今年5月底,项目通过野外验收,评 级为优秀。 8月4日,记者从自然资源厅获悉,"雷波县马颈子东磷矿普查项目"成果报告近日通过四川省矿产资 源储量评审中心评审,探获磷矿石资源量超1.3亿吨,矿床规模达大型。 近年来,随着新能源产业发展,对磷矿资源的需求日益旺盛。四川磷矿资源丰富,"十四五"以来, 四川抢抓新一轮找矿突破战略行动重大机遇,全省新发现大中型磷矿8处,新增磷矿石资源量17.5亿 吨。记者从自然资源厅了解到,新一轮找矿突破战略行动启动以来,四川多渠道拓展矿产勘查投入来 源,在全国率先建立矿业权出让收益分享激励机制,形成多渠道矿产勘查投入机制。(记者 王若晔) ...
First Phosphate signs industrial land option agreement with Port of Saguenay for phosphoric acid plant
Proactiveinvestors NA· 2025-07-18 12:56
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