First Phosphate Announces Listing of its Shares on Tradegate Exchange in Germany Bolstering European and International Market LiquidityNovember 03, 2025 7:17 AM EST | Source: First Phosphate Corp.Saguenay, Quebec--(Newsfile Corp. - November 3, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that its common shares have now been listed for trading on the Tradegate Exchange ("Tradegate") in Germany (TDG: KD0).This exp ...

Core Viewpoint - First Phosphate Corp. is initiating a 30,000-metre accelerated drilling program at its Bégin-Lamarche property to finalize the geological model and enhance the understanding of the phosphate deposit [1][2]. Drilling Program Details - The drilling program aims to confirm the final geological model and build on the initial resource estimate effective September 9, 2024 [2]. - The program will cover a 2.5 km long phosphate mineralization zone at 50 m x 50 m intervals, starting with two drill rigs and increasing to four by mid-November, with completion expected by April 2026 [3]. - The drilling operations are fully funded by recent financings, and all necessary authorizations are in place [3]. Location and Infrastructure - The Bégin-Lamarche property is strategically located near existing infrastructure, approximately 70 km from the deep-sea Port of Saguenay, facilitating future phosphate processing operations [3][7]. - The property is positioned to support the vertical integration of lithium iron phosphate (LFP) cathode active material production, contributing to the North American LFP battery supply chain [3][13]. Recent Developments - First Phosphate has produced commercial-grade LFP 18650 battery cells using North American critical minerals, showcasing the potential of the Bégin-Lamarche property [9][10]. - The high-purity phosphoric acid and iron powder for these battery cells were derived from the igneous anorthosite rock from the Bégin-Lamarche property [10].

Core Perspective - First Phosphate Corp. addresses recent trading activity, including increased volume and price volatility of its common shares, following China's announcement of new export controls on critical materials [1][3]. Industry Impact - China's Ministry of Commerce announced unilateral export controls on rare earth materials, including lithium iron phosphate (LFP) cathode active material, effective November 8, 2025, which is expected to affect various global industries such as energy storage, AI data centers, robotics, mobility, defense, and electric vehicles [2][4]. - LFP batteries constitute a majority of global electric battery production, predominantly manufactured in China, indicating a significant reliance on Chinese supply chains [4]. Company Developments - First Phosphate is focused on onshoring the LFP battery supply chain in North America, recently producing commercial-grade LFP 18650 battery cells using North American critical minerals [5][6]. - The high-purity phosphoric acid and iron powder for these battery cells were sourced from the company's Bégin-Lamarche property in Quebec, Canada [6][12]. - A recent white paper by First Phosphate received a "Met" rating from the Defense Industrial Base Consortium, highlighting the importance of phosphate for national defense and the need for a domestic source to reduce dependency on China [7]. Strategic Goals - First Phosphate aims to accelerate its mine-to-market LFP battery supply chain strategy in North America, targeting markets such as energy storage, data centers, robotics, mobility, defense, and electric vehicles [7][11].