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Files Annual Information Form detailing $20M equity raise, $4.8M grant and updated Bégin-Lamarche resource
FPHOYFirst Phosphate Corp.
First Phosphate Corp. filed its Annual Information Form for the year ended February 28, 2026, disclosing significant developments in its phosphate exploration and development activities. The filing confirms a June-July 2026 equity financing that raised $17.7 million through the issuance of flow-through shares and units at $2.00 per security. It also reports a $4.84 million non-repayable contribution from the Government of Canada’s NRCan First and Last Mile Fund in August 2026, following an earlier $16.7 million grant commitment finalized in March 2026. Additionally, the company filed an updated Mineral Resource Estimate for its Bégin-Lamarche Property with an effective date of May 1, 2026, and announced a non-binding Letter of Support from Swiss Export Risk Insurance for approximately US$212.5 million in equipment financing. First Phosphate Corp. operates as a mineral exploration and development company focused on acquiring, exploring, and developing igneous phosphate properties in Quebec to produce battery-grade materials.