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]

Core Viewpoint - First Phosphate Corp. is initiating a non-brokered private placement to raise a minimum of $1 million to meet existing investor demand [1][2]. Group 1: Offering Details - The Offering will include Flow-Through Shares priced at $0.50 each and Hard Dollar Units also priced at $0.50, with each Hard Dollar Unit consisting of one Common Share and one half of a Common Share purchase warrant [7]. - Proceeds from the Flow-Through Offering will be allocated to Canadian exploration expenses related to the Company's projects in Québec, while net proceeds from the Hard Dollar Unit Offering will support exploration, development activities, working capital, and general corporate purposes [2]. - The Offering is expected to close around August 22, 2025, and all securities issued will be subject to a four-month and one-day statutory hold period [2]. Group 2: Finder's Fees and Compensation - Eligible finders will receive a fee of up to 8% of the gross proceeds raised from subscribers they introduce, along with Compensation Warrants equivalent to up to 8% of the number of Hard Dollar Units or Flow-Through Shares issued [3]. - Each Compensation Warrant allows the holder to acquire one Common Share at a price of $0.50 until December 31, 2025, with the possibility of an accelerated expiry if the trading price exceeds $0.80 for five consecutive days [3]. Group 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 [8]. - The Company's flagship project, the Bégin-Lamarche Property in Quebec, features rare igneous anorthosite rock that produces high-purity phosphate with minimal impurities [8].

Core Insights - The "Ma Jingzi East Phosphate Mine Survey Project" in Leibo County has discovered over 130 million tons of phosphate rock resources, classifying it as a large-scale deposit [1] Group 1: Project Overview - The project was undertaken by the Sichuan Provincial Seventh Geological Brigade and involved detailed geological investigations and optimized construction plans over a year [1] - The project received an excellent rating after passing field acceptance in late May [1] Group 2: Industry Context - The demand for phosphate resources has surged due to the growth of the new energy industry [1] - Sichuan has rich phosphate resources and has discovered eight new large and medium-sized phosphate mines since the start of the 14th Five-Year Plan, adding 1.75 billion tons of phosphate rock resources [1] - The province has established a revenue-sharing incentive mechanism for mining rights transfer, leading the nation in expanding investment channels for mineral exploration [1]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]

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 focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV 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]