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First Phosphate Announces Initial Payment Under Long-Term Offtake Agreement for Phosphate Concentrate
TMX Newsfile· 2026-01-06 12:11
Saguenay, Quebec--(Newsfile Corp. - January 6, 2026) - First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce an initial payment under an amendment made to its existing, long-term phosphate concentrate offtake agreement in the form of letter of intent (the "LOI") with an existing partner (the "Purchaser").The Purchaser has agreed to provide a lump-sum pre-payment (the "Lump-sum pre-payment") equivalent to US $530,000 to First Phosphate to ass ...