In response to shareholder questions, First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (OTCQX-ADR: FPHOY) (FSE: KD0) presents the video of the signing for the $16.7 million Government of Canada contribution received by First Phosphate at PDAC.
https://www.youtube.com/watch?v=FafrTuUvuH4
Please note the presence of the Government of Canada but also the Ambassador of Belgium and the Belgian special Envoy on Critical Minerals.
Also, all three political parties are present in the video and behind this initiative (Liberals, Conservatives, Bloc Quebecois)
Also, representatives of the region of Saguenay are all present and show their support for First Phosphate.
Lastly, this contribution of $16.7 million is non-refundable and non-dilutive and gets us through to final investment decision on the mine, ie we don’t necessarily have to raise further capital for up to 2 years unless strategically.
About First Phosphate Corp
First Phosphate is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centers, robotics, mobility, and national security.
First Phosphate’s flagship Bégin-Lamarche property, located in Saguenay–Lac-Saint-Jean, Québec, Canada, represents a rare North American igneous phosphate resource producing high-purity phosphate characterized by very low levels of impurities.
As part of the financing package for the phased development of the commercial operations of its Mata... READ MORE
Group Eleven Resources Corp. (TSX-V: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is pleased to announce new assay... READ MORE
Argenta Silver Corp. (TSX-V: AGAG) (OTCQX: AGAGF) (FSE: T1K) is pleased to report the third set of ... READ MORE
Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQX: MGMLF) (FSE: M3G0) today announced assay results from 14 ... READ MORE
Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) is pleased to announce that it has entered into an a... READ MORE