First Phosphate Corp. Enhances Financial Flexibility

First Phosphate Corp. (TSE:PHOS) has released an update.

First Phosphate Corp., a mineral development company focused on the LFP battery industry, has filed a final short form base shelf prospectus, allowing them to issue up to C$20 million in securities over a 25-month period. The company completed an extensive drill program in Quebec and is preparing a mineral resource estimate and preliminary economic assessment, which could lead to a feasibility study for an integrated production facility if market conditions are favorable.

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