First Phosphate Announces Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - First Phosphate Corp. ("First Phosphate" or the "Company") is pleased to announce a non-brokered private placement financing to raise up to $1,000,000 (the "Offering").
- Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - First Phosphate Corp. ("First Phosphate" or the "Company") is pleased to announce a non-brokered private placement financing to raise up to $1,000,000 (the "Offering").
- The Offering is anticipated to be structured as a best-efforts private placement comprised of 4,000,000 common shares in the capital of the Company ("Shares") at a price of $0.25 per Shares.
- First Phosphate is a mineral exploration and development company fully dedicated to extracting and refining advanced phosphate material for the LFP Battery industry.
- First Phosphate deposits consist of rare igneous rock formation that generally yields high purity phosphate concentrate with fewer deleterious trace elements.