Core Insights - Proactive is a financial news and online broadcast organization that provides fast, accessible, and informative business and finance news to a global investment audience [2][3] - The company specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's editorial and broadcast operations are managed by a seasoned team, ensuring quality control and content production across multiple global locations [1][2] Company Operations - Proactive operates with a team of experienced news journalists across key finance and investing hubs, including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - The organization produces approximately 50,000 pieces of real-time news, feature articles, and filmed interviews annually [1] - Proactive employs both human content creators and technology to enhance workflows, ensuring a blend of expertise and modern tools in content production [4][5] Content Focus - The news team at Proactive delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - The company emphasizes the importance of human editing and authorship in its content, even while utilizing automation and software tools [5]

Core Points - First Phosphate Corp. has successfully closed the final tranche of its oversubscribed private placement, raising a total of approximately $11.5 million across four tranches [2][3] - The company has raised a total of about $40 million through nine private placements since June 2022, with approximately $19.8 million closed in the last five months [3] - The CEO stated that the company is well-capitalized and on track to deliver a comprehensive feasibility study by the end of 2026, mining permits by mid-2027, and an operational igneous phosphate mine by mid-2029 [4] Financial Summary - The final tranche raised $115,000 through the issuance of 230,000 flow-through shares [2] - The total gross proceeds from the four tranches included $6.65 million from 13,297,400 flow-through shares and $4.89 million from 9,785,000 common units [2] - The company paid $96,800 in cash finder’s fees and issued 713,040 compensation shares at $0.50 per share [4] Insider Participation - Companies controlled by board members Larry Zeifman and Peter Nicholson each acquired 280,112 common shares as part of the placement [8] - These transactions are considered related party transactions under Multilateral Instrument 61-101, but are exempt from formal valuation and minority shareholder approval requirements [9] Marketing and Public Relations - The company has entered into a 13-month digital marketing and advertising contract with NaFinance.com, starting September 22, 2025, for a payment of $2,800 [5]

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 ...

Core Viewpoint - First Phosphate Corp. has successfully closed the third tranche of its non-brokered private placement financing, raising a total of $11.4 million across three tranches, which positions the company well for future developments in the lithium iron phosphate battery supply chain [1][2][4]. Financing Details - The total gross proceeds raised from the three tranches of the Offering amount to $11.4 million, consisting of $6.5 million from 13,067,400 Flow-Through Shares and $4.89 million from 9,785,000 Hard Dollar Units [2]. - In the third tranche alone, the company raised $4.7 million, which includes $1.58 million from 3,168,400 Flow-Through Shares and $3.1 million from 6,220,000 Hard Dollar Units, comprising common shares and warrants [3]. Capitalization and Future Plans - Since June 2022, First Phosphate has raised approximately $39.9 million through nine management-led non-brokered private-placement financings, with $19.6 million closed in the last five months [4]. - The company aims to complete a feasibility study by the end of 2026, secure mining permits by mid-2027, and establish an operating igneous phosphate mine by mid-2029, supported by definitive offtake agreements [5]. Insider Participation - Related parties, including the Chairman and a director of the company, purchased 280,112 Common Shares each as part of the Offering [7]. - The transactions involving related parties are exempt from formal valuation and minority shareholder approval requirements under MI 61-101 due to the fair market value of the shares not exceeding 25% of the company's market capitalization [8][9]. Marketing Initiatives - The company has entered into a 13-month advertising and e-marketing contract with NaFinance.com to enhance its marketing efforts, with an initial payment of $2,800 [6]. Company Overview - First Phosphate Corp. is focused on producing high-purity phosphate for the lithium iron phosphate battery industry, emphasizing sustainable extraction and a low carbon footprint [11]. - The flagship project, the Bégin-Lamarche Property in Quebec, is designed to yield high-purity phosphate with minimal impurities, directly connecting mining operations to North American battery supply chains [11].

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 content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Proactive is a leading provider of timely, multimedia news and investor relations management, focusing on delivering actionable business and finance news to a global audience [1][2] - The company has a strong presence in key financial hubs, including London, New York, and Sydney, and specializes in medium and small-cap markets while also covering blue-chip companies and broader investment stories [2][3] Technology Adoption - Proactive is committed to adopting advanced technologies to enhance its content creation and workflow processes, utilizing decades of expertise alongside modern tools [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices [5]

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].

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]

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 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 ...