First Phosphate Secures $2 Million in Strategic Non-Brokered Private Placement

First Phosphate Corp. has secured a strategic non-brokered private placement of $2 million, enhancing its financial position in the competitive phosphate market in Canada.

First Phosphate Corp. announced a non-brokered private placement on November 7, 2025, aimed at raising a minimum of $2,000,000 in gross proceeds.
The strategic investor involved in this financing will help First Phosphate strengthen its operations and expand its phosphate production capacity in Canada.
This funding comes amid evolving financial regulation in Canada and heightened interest in the phosphate sector, particularly due to its relevance in sustainable agriculture.

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This funding is crucial for First Phosphate as it positions the company to capitalize on market opportunities in the phosphate industry, particularly in light of increasing demand and regulatory developments in Canada and the United States.