As requested by staff of the Ontario Securities Commission, First Phosphate Corp. has filed an: amended and restated management's discussion and analysis related to its annual consolidated financial statements for the years ended February 28, 2023 and February 28, 2022, and the interim period ended May 31, 2023, amended and restated annual information form for the year ended February 28, 2023 , and amended and restated [...]
First Phosphate Corp. and Sun Chemical Corporation are pleased to announce a non-binding memorandum of understanding for the development of intermediates used for the manufacture of lithium iron phosphate-based cathode active material to support the developing North American battery market. Under this agreement, Sun Chemical will use its qualified North America facilities to manufacture iron phosphate using the phosphate [...]
First Phosphate Corp. applauds comments regarding the lithium iron phosphate battery supply chain in North America by Nobel Laureate, Stanley Whittingham, at the Benchmark Week 2023 conference held this week in Los Angeles, California. Benchmark Source reported that, "The US should work with Canada to build a regional supply chain for batteries and has 'everything it needs' to build cheaper lithium iron phosphate cells [...]
First Phosphate Corp. is pleased to announce that it has appointed Jérôme Cliche its Vice-President, Business Development. Mr. Cliche is experienced in the areas of corporate finance, strategic investment and corporate development. Mr. Cliche is the co-founder of Renmark Financial Communication, a Montreal based company offering a range of integrated services to small, medium, and large cap public companies trading on all [...]
First Phosphate Corp. is pleased to announce that, on September 26, 2023, it has received a letter of interest from the Export-Import Bank of the United States , where EXIM express that it would be able to provide financing in the amount of up to USD $170,000,000.00 to the Corporation. The LOI is in support of the procurement of U.S. goods and services by First Phosphate in Canada and is eligible for a maximum repayment [...]
First Phosphate Corp. is pleased to announce that, on September 13, 2023, it has entered into an agreement with American Battery Factory Inc. of Utah, USA to support production of up to 40,000 tonnes of annual fully North American manufactured lithium iron phosphate cathode active material . The initiative aims to bring production of LFP batteries for the battery storage sector to North America. The following mutually [...]
First Phosphate Corp. is pleased to announce it has filed on SEDAR+ its Preliminary Economic Assessment on the Lac à l'Orignal Property located 84 km northeast of Saguenay, Quebec, Canada. First Phosphate acquired and negotiated a 100% royalty free interest in the Property in 2022. The PEA provides a viable case for developing the Property by open pit mining for the primary production of a phosphate concentrate and [...]
First Phosphate Corp. is pleased to announce that the Central Prayon Process has successfully transformed its apatite concentrate to a high quality Merchant Grade Phosphoric Acid . As previously announced on June 19, 2023, a 900 kilogram sample of apatite concentrate was produced at the First Phosphate pilot plant facilities at SGS Québec and was sent to the facilities of Prayon Technologies SA in Belgium for testing its [...]
First Phosphate Corp. is pleased to announce that it has obtained strong assay results from a geological reconnaissance program at its Larouche property at only 40 km distance from the deep sea Port of Saguenay in Saguenay-Lac-St-Jean, Quebec, Canada. Larouche Project Results Grab sampling from the geological reconnaissance program in the Larouche area assayed up 36.46% P2O5 in massive apatite found within nelsonite [...]
First Phosphate Corp. is pleased to announce the positive results of its Preliminary Economic Assessment on the Lac à l'Orignal Property located 84 km northeast of Saguenay, Quebec, Canada. First Phosphate acquired and negotiated a 100% royalty free interest in the Property in 2022. The PEA provides a viable case for developing the Property by open pit mining for the primary production of a phosphate concentrate and [...]
First Phosphate Corp. is pleased to announce the signing of a non-binding memorandum of understanding with NorFalco Sales , a division of Glencore Canada Corporation, on July 17, 2023, to secure supply of sulfuric acid for its future industrial facilities in Saguenay-Lac-St-Jean, Quebec. Under the terms of the MOU, and subject to the parties entering into a mutually agreeable definitive sulfuric acid supply agreement [...]
First Phosphate Corp. is pleased to announce the appointment of Armand MacKenzie to the advisory board of the Company. A discussion between First Phosphate CEO, John Passalacqua and Armand Mackenzie is available at: https://youtu.be/uJRXjloQQjk. Armand MacKenzie was raised in traditional Innu territory. He has practiced law for 15 years and was chief legal advisor on land rights for the Innu Nation. He was a special [...]