- Common shares of First Phosphate (PHOS) are now trading on the Canadian Securities Exchange
- The company holds 1,500 sq. km of land claims in igneous phosphate-bearing anorthosite in the Saguenay-Lac-St-Jean Region of Quebec
- Management views its properties as among the rarest in the world for its target mineral
- First Phosphate is a mineral development company focused on extracting and purifying low-emission phosphate for the battery and EV industries
- First Phosphate (PHOS) has received numerous bids, but has yet to register its first trade
Common shares of First Phosphate (PHOS) are now trading on the Canadian Securities Exchange.
The company holds 1,500 sq. km of land claims in igneous phosphate-bearing anorthosite in the Saguenay-Lac-St-Jean Region of Quebec, which it is developing to produce battery-grade phosphate.
Its flagship property is located 125 km north of Saguenay, Quebec’s sixth largest city, providing access to a deep-sea port, daily flights to Montreal, a skilled industrial workforce and provincial infrastructure.
“Publicly traded shares of First Phosphate offer global investors a means of gaining exposure to pure-play, clean phosphate development focused on the lithium iron phosphate (LFP) battery on-shore in North America,” stated Peter Kent, President of First Phosphate.
“First Phosphate properties in Quebec are amongst 1 per cent of the world’s rarest and most desirable igneous anorthosite phosphate-bearing rock, which is ideal for the production of LFP cathode active material because it is devoid of high concentrations of harmful elements,” he added.
First Phosphate is a mineral development company focused on extracting and purifying low-emission phosphate for cathode active materials, which are essential for electric vehicles and lithium iron phosphate batteries.
First Phosphate (PHOS) has received numerous bids, but has yet to register its first trade.