View Financial HealthFirst Phosphate 配当と自社株買い配当金 基準チェック /06First Phosphate配当金を支払った記録がありません。主要情報n/a配当利回り-10.6%バイバック利回り総株主利回り-10.6%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesPrice Target Changed • Apr 29Price target increased by 8.8% to CA$2.93Up from CA$2.69, the current price target is an average from 3 analysts. New target price is 129% above last closing price of CA$1.28. Stock is up 374% over the past year. The company posted a net loss per share of CA$0.098 last year.Recent Insider Transactions Derivative • Mar 10Chief Geologist exercised options to buy CA$327k worth of stock.On the 7th of March, Gilles Laverdiere exercised options to buy 300k shares at a strike price of around CA$0.40, costing a total of CA$120k. This transaction amounted to 30% of their direct individual holding at the time of the trade. Since December 2025, Gilles' direct individual holding has increased from 546.13k shares to 1.00m. Company insiders have collectively bought CA$8.8b more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Feb 24Independent Chairman exercised options to buy CA$234k worth of stock.On the 20th of February, Laurence Zeifman exercised options to buy 300k shares at a strike price of around CA$0.25, costing a total of CA$75k. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. Since March 2025, Laurence's direct individual holding has increased from 4.72m shares to 6.36m. Company insiders have collectively bought CA$8.8b more than they sold, via options and on-market transactions, in the last 12 months.New Risk • Feb 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CA$135.7m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$376k sold). Market cap is less than US$100m (CA$135.7m market cap, or US$99.6m).Recent Insider Transactions • Feb 01Chief Geologist recently sold CA$181k worth of stockOn the 29th of January, Gilles Laverdiere sold around 206k shares on-market at roughly CA$0.88 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$195k. Despite this recent sale, insiders have collectively bought CA$41k more than they sold in the last 12 months.Recent Insider Transactions Derivative • Jan 09Independent Chairman exercised options to buy CA$155k worth of stock.On the 5th of January, Laurence Zeifman exercised options to buy 152k shares at a strike price of around CA$0.90, costing a total of CA$137k. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. Since March 2025, Laurence's direct individual holding has increased from 4.72m shares to 5.76m. Company insiders have collectively bought CA$603k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Dec 23First Phosphate Corp. announced that it has received CAD 9.612778 million in fundingOn December 22, 2025, First Phosphate Corp. closed the transaction. The company issued 2,053,889 flow-through shares at an issue price of CAD 0.90 for gross proceeds of CAD 1,848,500.1 and 1,254,893 hard-dollar units at an issue price of CAD 0.90 for gross proceeds of CAD 1,129,403.7 for aggregate proceeds of CAD 2,977,903.8 in final tranche. In connection with the current tranche of the offering, the company issued 24,000 compensation common shares and 24,000 compensation warrants, exercisable at a price of CAD 1.25 per common share of the company, until April 30, 2026, subject to an accelerated expiry date. The company issued 52,444 compensation common shares and 52,444 compensation warrants in the third tranche of the offering. Peter Nicholson indirectly purchased 443,260 flow-through shares. All securities issued under the offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws.New Risk • Dec 19New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$195k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$195k sold). Market cap is less than US$100m (CA$133.8m market cap, or US$97.1m).Recent Insider Transactions • Dec 19CFO, Chief Administrative Officer recently sold CA$195k worth of stockOn the 15th of December, Bennett Kurtz sold around 204k shares on-market at roughly CA$0.95 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Bennett's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Dec 16Independent Chairman exercised options to buy CA$132k worth of stock.On the 12th of December, Laurence Zeifman exercised options to buy 152k shares at a strike price of around CA$0.50, costing a total of CA$76k. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. Since December 2024, Laurence's direct individual holding has increased from 4.60m shares to 5.45m. Company insiders have collectively bought CA$587k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Nov 18First Phosphate Corp. announced that it has received CAD 2.180149 million in fundingOn November 17, 2025, First Phosphate Corp. closed the transaction. Th company announced that it has issued 2,244,722 Flow-Through Shares at a price of CAD 0.90 per Flow-Through Share for gross proceeds of CAD 2,020,250, and 177,666 Hard Dollar Units at a price of CAD 0.90 per Hard Dollar Unit for gross proceeds of CAD 159,899; aggregate gross proceeds of CAD 2,180,149. The transaction is oversubscribed. In connection with the Offering, the Company issued 178,698 compensation common shares at a deemed price of CAD 0.90 per common share, and issued 178,698 Compensation Warrants, exercisable at a price of CAD 1.25 per common share of the Company, until April 30, 2026, subject to an Accelerated Expiry Date. All securities issued under the Offering are subject to a four-month and one day statutory hold period in accordance with applicable securities lawsお知らせ • Nov 08First Phosphate Corp. announced that it expects to receive CAD 2 million in fundingFirst Phosphate Corp. announced a non brokered private placement to a strategic investor for gross proceeds of a minimum of CAD 2,000,000 on November 7, 2025. The Offering is anticipated to consist of any combination of Flow-through shares at a price of CAD 0.90 per share and Hard dollar units at a price of CAD 0.90 per Hard Dollar Unit and Unit comprised of one common share and one Common Share purchase warrant with each Warrant exercisable for one Common Share at a price of CAD 1.25 per Common Share until April 30, 2026, subject to an Accelerated Expiry Date. The Offering is expected to close on or about November 21, 2025, or such other date or dates as may be determined by the Company. All securities issued under the Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Offering, eligible finders will be paid a fee consisting of up to 8% of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent of up to 8% of the number of Hard Dollar Units or Flow Through Shares issued to subscribers introduced by them. Each Compensation Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.90 per share until April 30, 2026, provided that if the volume weighted average trading price of the Common Shares on the Canadian Securities Exchange for any 5 consecutive trading days equals or exceeds $2.00, the Company may, upon issuing a press release, accelerate the expiry date of the Compensation Warrants to the date that is 30 days following the date of such press release. The Company reserves the right to pay cash finders' fees on the Flow-Through Offering in Common Shares rather than cash issued at the Flow-Through Offering issue price.お知らせ • Sep 30First Phosphate Corp. announced that it expects to receive CAD 15 million in fundingFirst Phosphate Corp announced a best efforts private placement to issue 25,000,000 units at a price of CAD 0.6 per unit for aggregate gross proceeds of CAD 15,000,000 on September 29, 2025. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at an exercise price of CAD 0.9 per warrant share for a period of 36 months from the Closing Date. The transaction is expected to close on October 10, 2025. In consideration for their services, the Company has agreed to pay the agent an aggregate cash commission equal to 8% of gross proceeds of the Offering (subject to reduction to 2.0% on certain president's list purchases), and to issue that number of non-transferable broker warrants of the Company to the agent equal to 8.0% of the number of Units sold under the Offering (subject to reduction to 2.0% on certain president's list purchases). Each Broker Warrant is exercisable to acquire one Common Share at a price of CAD 0.90 per share for a period of 36 months following the Closing Date.お知らせ • Sep 24First Phosphate Corp. announced that it has received fundingOn September 24, 2025, the company closed the transaction.お知らせ • Aug 19First Phosphate Corp. announced that it has received CAD 9.4 million in fundingOn August 18, 2025, American Lithium Corp closed the transaction. The company announced that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of CAD 9,400,000.05. The Private Placement consisted of the issuance and sale of 34,814,815 units at a price of CAD 0.27 per Unit. Each Unit issued pursuant to the Private Placement consists of one common share and one Common Share purchase warrant. Each warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.50 for 36 months from the closing date of the Private Placement. The Private Placement was made to qualified investors in such provinces of Canada as the Company may designate, and otherwise in those jurisdictions where the Private Placement can lawfully be made. All securities issued pursuant to the Private Placement are subject to a four-month hold and one day hold period in accordance with applicable Canadian securities laws. The Offering included subscriptions from insiders of the Company for an aggregate of 11,111,111 Units totaling gross proceeds of CAD 3,000,000.お知らせ • Aug 05First Phosphate Corp. announced that it expects to receive CAD 1 million in fundingFirst Phosphate Corp. announced a non-brokered private placement to issue flow-through shares at an issue price of CAD 0.50 per share and hard dollar units at an issue price of CAD 0.50 per hard dollar unit for gross proceeds of CAD 1,000,000 on August 5, 2025. Each hard dollar unit comprised of one common share and one half of one common share purchase warrant with each whole warrant exercisable for one common share at a price of CAD 0.50 per common share until December 31, 2025. The offering is expected to close on or about August 22, 2025, or such other date or dates as may be determined by the company. All securities issued under the offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the offering, eligible finders will be paid a fee consisting of up to 8% of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent of up to 8% of the number of hard dollar units or flow through shares issued to subscribers introduced by them. Each compensation warrant shall entitle the holder thereof to acquire one common shares at a price of CAD 0.50 per share until December 31, 2025.お知らせ • Jul 24First Phosphate Corp., Annual General Meeting, Aug 29, 2025First Phosphate Corp., Annual General Meeting, Aug 29, 2025.お知らせ • Jul 17First Phosphate Corp. announced that it has received CAD 4.69233 million in fundingOn July 16, 2025,First Phosphate Corp. has closed the transaction and its second and final tranche. The company issued 3,729,428 flow-through shares at an issue price of CAD 0.35 for the proceeds of CAD 1,305,299.8 and 450,000 hard-dollar units at an issue price of CAD 0.35 for the proceeds of CAD 157,500 and the total aggregate gross proceeds being CAD 1,462,800 .Each Hard dollar Unit will consist of one common share and one half of one common share purchase warrant with each whole warrant exercisable into one common share at an exercise price of CAD 0.5.In total, in connection with the offering, the company paid CAD 1,600 in cash finders' fees, issued 894,998 compensation shares and advisory shares at a price of 3CAD 0.35 per common share, and issued 899,570 compensation warrants, exercisable at a price of CAD 0.50 per common share of the company, until Dec. 31, 2025, subject to an accelerated expiry date. All securities issued under the offering are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws As part of both tranches of the offering the company has raised gross proceeds of CAD 4,692,329 through the issuance of 12,856,513 flow-through shares at a price of 35 cents for gross proceeds of CAD 4,499,780, and 550,142 hard-dollar units at a price of CAD 0.35 , each composed of one common share and one-half of one warrant.New Risk • Jul 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$39.2m market cap, or US$28.5m).お知らせ • Jul 08First Phosphate Produces LFP Battery Cells Using North American Critical Minerals Using North American Critical MineralsFirst Phosphate Corp. announced that it has successfully produced commercial-grade lithium iron phosphate ("LFP") 18650 format battery cells using North American-sourced critical minerals, advancing its mission to localize the LFP battery supply chain in North America. The LFP cathode and anode materials for the First Phosphate 18650 LFP battery cells were produced using North American critical minerals from the following supply sources: Phosphate: High-purity phosphoric acid produced from igneous phosphate concentrate extracted from the First Phosphate Begin-Lamarche property in Quebec, Canada and processed in the pilot installations of Prayon Technologies of Belgium, Europe. Iron: Iron powder produced using magnetite concentrate from the First Phosphate begin-Lamarche property in Canada and processed by GKN Hoeganaes of Tennessee, USA. Lithium: Lithium carbonate produced by Century Lithium Corp. from its operations in Nevada, USA. Graphite: Natural graphite-based active anode material produced by Nouveau Monde Graphite from its operations in Quebec, Canada.お知らせ • Jun 30First Phosphate Corp. announced that it expects to receive CAD 2 million in fundingFirst Phosphate Corp announced a non-brokered private placement to issue Flow through shares at a price of CAD 0.35 per share and Hard Dollar Units at a price of CAD 0.35 for aggregate gross proceeds of CAD 2,000,000 on June 30, 2025. Each Hard dollar Unit will consist of one common share and one half of one common share purchase warrant with each whole warrant exercisable into one common share at an exercise price of CAD 0.5. The offering is expected to close, in one or more tranches, on or about July 8, 2025. All securities issued under the Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Offering, eligible finders will be paid a fee consisting of up to 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent of up to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them. Each Compensation Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.50 per share until December 31, 2025.お知らせ • Jun 25First Phosphate Corp. Announces Advanced Metallurgical Testing, Surface Stripping and Channel SamplingFirst Phosphate Corp. announced that a 5,000-kilogram bulk sample has been drilled and collected at its Begin-Lamarche phosphate project, located in the Saguenay-Lac-Saint-Jean region of Quebec, Canada. The purpose of the bulk sample is to conduct advanced metallurgical testing to refine the process for recovery of apatite (phosphate), magnetite (iron), and ilmenite (titanium). This work follows the successful preliminary metallurgical testing conducted in June 2023, which confirmed the positive recovery of the targeted minerals. These tests demonstrated the technical feasibility of processing the ore at small scale and have provided the foundation to proceed to this next semi-industrial stage. The Company now intends to scale its pilot process to validate flowsheet performance in a semi-industrial setting, to optimize process parameters, and to generate technical data to support future economic and feasibility studies. 2,000 kilograms of the current sample were sourced from the Company's Begin-Lamarche project's Northern Zone, 2,000 kilograms from its Mountain Zone and 1,000 kilograms from its Southern Zone.New Risk • May 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$36.1m market cap, or US$26.3m).お知らせ • May 29First Phosphate Corp. announced that it has received CAD 2.391154 million in fundingOn May 28, 2025, First Phosphate Corp. closed the transaction. The company announced that it has issued 4,391,880 flow-through shares at an issue price of CAD 0.35 per share for gross proceeds of CAD 0.401800 for gross proceeds of CAD 1,764,657.384 and 1,789,990 hard-dollar units, comprising 1,789,990 common shares and 894,995 warrants at an issue price of CAD 0.35 per unit for gross proceeds of CAD 626,496.5; aggregate gross proceeds of CAD 2,391,153.884. The transaction is oversubscribed. In connection with this financing, the company paid $800 in finders' fees, issued 239,918 compensation shares and advisory common shares at a price of 35 cents per compensation share, and issued 213,633 compensation warrants, exercisable at a price of 50 cents per common share of the company until Dec.ember31, 2025, subject to an accelerated expiry date. All securities issued under the offering will be subject to a four-month-and-one-day statutory hold period, in accordance with applicable securities laws. In connection with this closing, Laurence W. Zeifman, purchased 285,714 flow-through shares, and Peter Nicholson, purchased 714,286 flow-through shares. The transaction is oversubscribed. Each hard dollar unit consists of one common share in the capital of the Company and one half of one Common Share purchase warrant with each whole Warrant exercisable for one Common Share at a price of CAD 0.50 per Common Share until December 31, 2025お知らせ • May 10First Phosphate Corp. announced that it expects to receive CAD 1 million in fundingFirst Phosphate Corp. announced a non-brokered private placement that it will issue any combination of Flow-through shares of the Company at an issue price of CAD 0.35 per share and Hard dollar units of the Company at an issue price of CAD 0.35 per unit for the aggregate gross proceeds of up to CAD 1,000,000 on May 9, 2025. Each hard dollar unit consists of one common share in the capital of the Company and one half of one Common Share purchase warrant with each whole Warrant exercisable for one Common Share at a price of CAD 0.50 per Common Share until December 31, 2025, subject to an Accelerated Expiry Date. The Proposed Offering is expected to close, in one or more tranches, on or before May 27, 2025, or such other date or dates as may be determined by the Company. All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Proposed Offering, eligible finders will be paid a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them.Recent Insider Transactions • Apr 03CEO & Director recently bought CA$87k worth of stockOn the 1st of April, John Passalacqua bought around 298k shares on-market at roughly CA$0.29 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$90k. John has been a buyer over the last 12 months, purchasing a net total of CA$611k worth in shares.Recent Insider Transactions • Feb 04CEO & Director recently bought CA$90k worth of stockOn the 3rd of February, John Passalacqua bought around 302k shares on-market at roughly CA$0.30 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of CA$460k worth in shares.New Risk • Jan 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$30.5m market cap, or US$21.2m).お知らせ • Jan 03First Phosphate Corp. announced that it has received CAD 2.695459 million in fundingOn January 2, 2025, the company has closed the transaction. The company issued 7,448,455 flow-through shares for gross proceeds of CAD 2,606,960 and 252,857 hard-dollar units for gross proceeds of CAD 88,500. In connection with the closing of the offering, Larry Zeifman, a director of the company, purchased a total of 285,714 flow-through shares.New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Market cap is less than US$100m (CA$19.0m market cap, or US$13.2m).お知らせ • Dec 19First Phosphate Corp. announced that it expects to receive CAD 1 million in fundingFirst Phosphate Corp. announced a non-brokered private placement that it will issue Flow-through shares of the Company at an issue price of CAD 0.35 per share and Hard dollar units of the Company at an issue price of CAD 0.35 per unit for the aggregate gross proceeds of up to CAD 1,000,000 on December 18, 2024. Each hard dollar unit comprised of one common share in the capital of the Company and one half of one Common Share purchase warrant with each whole Warrant exercisable for one Common Share at a price of CAD 0.50 per Common Share until December 31, 2025, subject to an Accelerated Expiry Date. The Proposed Offering is expected to close, in one or more tranches, on or before December 31, 2024,or such other date or dates as may be determined by the Company. All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Proposed Offering, eligible finders will be paid a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and compensation warrants as is equivalent to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them.New Risk • Nov 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.5m free cash flow). Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.81m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding).Board Change • Sep 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 7 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). CEO & Director John Passalacqua is the most experienced director on the board, commencing their role in 2021. Independent Chairman Larry Zeifman was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Sep 03First Phosphate Corp. Announces Board ChangesFirst Phosphate Corp. announced the appointment of Peter J.F. Nicholson to its board of directors effective September 1, 2024 to fill the vacancy created by the resignation of ex-director Marc Branson effective on the same day. Mr. Nicholson is the Founder, President and controlling shareholder of Wealth Creation Preservation &Donation Inc. (WCPD), a recognized leader in Canadian tax-assisted investments, with a specialized focus on philanthropic tax planning and tax reduction in the mining industry. Through his work with many donors, foundations, institutions, and boards, he has helped generate over $350 million for client donations. Nicholson is also a generous philanthropist in his own right and a tireless supporter of community initiatives. Over the years, Peter has served as a dedicated champion and board member for many foundations across Canada, such as Winnipeg's Canadian Museum of Human Rights, Children's Hospital of Eastern Ontario, Ottawa Regional Cancer Foundation and founder of the Exuma Foundation of Canada. He is also a member of the Canadian Association of Gift Planners (CAGP), Association of Fundraising Professionals of Canada (AFP), the Clinton Global Initiative, and a ten-year veteran of the investment club Tiger 21.お知らせ • Jul 11First Phosphate Corp., Annual General Meeting, Aug 23, 2024First Phosphate Corp., Annual General Meeting, Aug 23, 2024.お知らせ • Jun 30First Phosphate Corp. announced delayed 20-F filingOn 06/28/2024, First Phosphate Corp. announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • May 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.3m (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 61% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.3m market cap, or US$9.78m). Minor Risk Shareholders have been diluted in the past year (44% increase in shares outstanding).Recent Insider Transactions • Mar 22CEO & Director recently bought CA$55k worth of stockOn the 20th of March, John Passalacqua bought around 253k shares on-market at roughly CA$0.22 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of CA$98k worth in shares.お知らせ • Feb 01First Phosphate Announces Launch of 25,000m Drill Campaign At Its Bégin-Lamarche ProjectFirst Phosphate Corp. announced that it will undertake a 25,000 m drill program at its Bégin-Lamarche Project. The drilling program follows the Company's recent financing raising gross proceeds of $8.2 million and is intended to lead to a maiden NI 43-101 compliant resource estimate followed by a PEA. The Company will undertake a 25,000 m drill program at Bégin-Lamarche in the coming weeks in order to be in a position to calculate a maiden NI 43-101 resource estimate that should lead to an eventual PEA. The drilling plan consists of drilling the 3 km long phosphate mineralization strike zone at every 100 meter section and at every 50 meters within the section. The program will start in the coming weeks with 3 drill rigs with one drill rig being mobilized per week. The Company has existing drill permits to start the program immediately and has recently requested additional drill permits to expand the drilling horizons. The drilling program will be managed by Laurentia Exploration from Jonquière, Québec. Drilling operations will be managed by First Nations Drilling of Mashteuiatsh, Québec and Forages Diafor of Rivière-Héva, Québec. In summer 2023, the Company drilled 21 holes at Bégin-Lamarche for a total 4,544 m of drilling.お知らせ • Jan 30First Phosphate Corp. Confirms Two Additional New High-Grade Discoveries At Begin-Lamarche Property and Up to 39.45% P2o5 At Larouche Saguenay, QuebecFirst Phosphate Corp. announced that it has confirmed a new high-grade discovery 500 m from the existing northern zone of its Bégin-Lamarche project located in the region of Saguenay-Lac-St-Jean, Quebec, Canada. The original discovery of these areas was made in the fall of 2022 during a prospection campaign and was confirmed last fall with 26 grab samples returning high-grade P2O5 (phosphate). The Larouche area also continues to return high-grade analyses with one sample grading as high as 39.45% P2O5 (phosphate) in an irregular layer of pure apatite (the host mineral which contains phosphate). At this level of purity, the mineral would be considered direct shipping ore ("DSO"). Grab sampling revealed a high grade phosphate area 500m north of the existing Northern Zone. This new zone, named the Mountain Zone, is about 350m long by 175m wide. From fieldobservation, the rock type is nelsonitic peridotite which is the most favorable rock type where phosphate is found on the property. A total of 26 grab samples were taken in this area, most of which, returned grades of between 7.17% and 17.83% P2O5 (phosphate). The average of the 26 samples was 10.6% P2O5. A second new zone, named the Northwestern zone, was also discovered west of the existing Northern Zone from which 4 of 8 samples returned grades of over 10% P2O5. Field reconnaissance and sampling in the Larouche area also revealed high grade phosphate. As notedabove, one sample returned 39.45% P2O5. This represents the highest ever phosphate sample found by the Company. The sample comes from an irregular layer found of almost pure apatite (the host mineral which contains phosphate). At this level of purity, the mineral would be consideredDSO. Preliminary geological indications suggest that these layers could be flat-lying and therefore open at substantial potential depth. Other results from the samples in this area show high grade phosphate values up to 23.1% P2O5. To date, field work has outlined phosphate layers of a length ofup to 760m. The width of these layers is not fully known at this time due to their flat-lying geometry. Only further drilling will be able determine the full width of the layers. A drill permit application has been made for drilling in this area.お知らせ • Jan 24First Phosphate Corp. announced that it has received CAD 9.208475 million in fundingOn January 22, 2024, First Phosphate Corp., closed the transaction. The company issued 1,768,250 hard dollar units for gross proceeds of CAD 707,300. The company raised an aggregate of CAD 8,223,475.20 in the transaction through hard dollar units.お知らせ • Dec 15First Phosphate Corp. announced that it expects to receive CAD 2 million in fundingFirst Phosphate Corp. announced a non-brokered private placement to issue Hard dollar units of the company at a price of CAD 0.40 per hard dollar unit, Flow-through shares of the company at a price of CAD 0.50 per share and Charity Flow-through shares of the company at a price of CAD 0.63 per share for the aggregate gross proceeds of CAD 2,000,000 on December 14, 2023. Each hard dollar unit consists of one common share in the capital of the company and one half of one common share purchase warrant with each whole warrant exercisable for one common share at a price of CAD 0.50 per common share until December 31, 2025, subject to an Accelerated Expiry Date. The transaction is expected to close on or about December 31, 2023. Closing may be completed in one or more tranches as the company may determine. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that the Proposed Offering will be completed, whether in whole or in part. All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Proposed Offering, eligible finders will be paid a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent to 8% of the number of Hard Dollar units, Flow-Through shares, or Charity Flow-Through shares issued to subscribers introduced by them. The securities issued pursuant to the Proposed Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended.New Risk • Nov 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.7m free cash flow). Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.81m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change).New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.1m free cash flow). Earnings have declined by 71% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.88m market cap, or US$6.70m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).お知らせ • Jul 08First Phosphate Corp., Annual General Meeting, Aug 25, 2023First Phosphate Corp., Annual General Meeting, Aug 25, 2023.お知らせ • Jul 06First Phosphate Corp. Announces the Appointment of Armand Mackenzie to the Advisory Board of the CompanyFirst Phosphate Corp. announced the appointment of Armand MacKenzie to the advisory board of the Company. Armand MacKenzie was raised in traditional Innu territory. He has practiced law for 15 years and was chief legal advisor on land rights for the Innu Nation. He was a special advisor/negotiator on the drafting and adoption of the UN General Assembly Declaration on the Rights of Indigenous Peoples. He has negotiated numerous impact benefit agreements. He has been a mining executive for the last 15 years. First Phosphate holds over 1,500 sq. km of total land claims in the Saguenay-Lac-St-Jean region of Quebec, Canada that it is actively developing. Its properties consist of rare anorthosite igneous rock formation that generally yields high purity phosphate concentrate devoid of high concentrations of deleterious heavy metals.お知らせ • Jun 22Members of management team and Board of Directors of First Phosphate Corp. completed the acquisition of 5.23% stake in First Phosphate Corp. (CNSX:PHOS) from Glen Eagle Resources Inc. (TSXV:GER).Members of management team and Board of Directors of First Phosphate Corp. entered into an agreement to acquire 5.23% stake in First Phosphate Corp. (CNSX:PHOS) from Glen Eagle Resources Inc. (TSXV:GER) for CAD 0.59 million on May 10, 2023. As part of the transaction, Glen Eagle Resources will sell 2.7 million shares out of the 5.4 million it owns to the acquirers. The agreement is subject to customary closing conditions, including obtaining all necessary approvals under the escrow agreement and all applicable securities laws. The transaction is set to close by May 31, 2023. Members of management team and Board of Directors of First Phosphate Corp. completed the acquisition of 5.23% stake in First Phosphate Corp. (CNSX:PHOS) from Glen Eagle Resources Inc. (TSXV:GER) on June 21, 2023.お知らせ • Jun 20First Phosphate Corp. Commissions Solventless, Environmentally Friendly Phosphate Concentration Pilot PlantFirst Phosphate Corp. announced that it has completed the commissioning of its pilot plant to produce phosphate concentrate to be used in the formulation of battery-grade purified phosphoric acid for use in the manufacture of lithium iron phosphate ("LFP") cathode active material for the LFP battery industry in North America. After positive bench test results that demonstrated a recovery of 91.4% of its phosphate-bearing apatite to a concentrate containing 40.2% P2O5 (phosphate), the Company decided to setup the pilot plant to process a large bulk sample. A 15-tonne bulk sample was crushed to a diameter of 20 mm and sent to SGS. Based on 15 separate crushed rock specimens, the bulk sample assayed 7.6% P2O5 (phosphate) and 6.9% TiO2 (titanium oxide). The pilot plant optimises the Company's metallurgical process for the production of a super high grade phosphate concentrate approaching 41% P2O5. The pilot plant has produced over 900 kilograms of apatite concentrate which have been sent to the facilities of Prayon SA ("Prayon") in Belgium for the production of battery-grade purified phosphoric acid ("PPA"). The battery-grade PPA produced will then be sent to Company partners for homologation into their LFP cathode active material production processes. The pilot plant also produces valuable, marketable recoveries of ilmenite and magnetite.お知らせ • Jun 13First Phosphate Corp. Appoints Isobel Sheldon to Advisory BoardFirst Phosphate Corp. announced the appointment of Isobel Sheldon OBE, from consultancy and advisory firm Oakpolytech Ltd, to the advisory board of the Company. Isobel Sheldon is a 20 year veteran of the Lithium Ion battery industry. She was awarded an Order of the British Emprire from Her Majesty the Queen of England for long service to EV battery development. She was ranked 37th in OutAtWork top 50 LGBT executives in the UK. She has held senior strategy, technical, business and executive roles with Britishvolt, UK Battery Industrialisation Centre, Cummins Electrified Power and Johnson Matthey.お知らせ • May 24+ 1 more updateFirst Phosphate Corp. Appoints Garry Siskos, CPA, CA as Chief Operating OfficerFirst Phosphate Corp. announced that Garry Siskos, CPA, CA has been appointed Chief Operating Officer and Chief Financial Officer of the Company. First Phosphate outgoing CFO, Bennett Kurtz, will be moving to the position of Chief Administrative Officer. Gilles Laverdière has been appointed as Chief Geologist for the Company. Garry Siskos has over 25 years of international experience as CFO and COO inside entrepreneurial and multinational public and private business environments. He specializes in strategy, capital raising, structured finance, mergers and acquisitions. He is experienced in the technology, mining, and automotive sectors. He was involved in two of Canada's Top 100 growth organizations. First Phosphate's flagship Lac à l'Orignal property is located approximately 140 km driving-distance from the deep sea Port of Saguenay. First Phosphate's Bégin-Lamarche property is located approximately 75 km from the deep sea Port of Saguenay. The Company has a memorandum of understanding ("MOU") with the Port of Saguenay to secure deep-sea access to global markets and a valuable industrial port development footprint. First Phosphate has recently concluded a 4,274 m drill program at its Bégin-Lamarche property, the most important of its blue-sky development properties. The Company is expected to announce drilling results for the Bégin-Lamarche property in the coming weeks. The Company is currently undergoing a Preliminary Economic Assessment at its Lac à l'Orignal property and is expected to provide results by the fourth quarter of this year. The Company entered into agreement to engage MMP Munich MiningPartners GmbH for investor relations services with the effective date of May 22, 2023. MMP's engagement is for an initial term of 3 months, during which the Company will pay MMP the aggregate fee of CAD 25,000 in cash.Board Change • Feb 23Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 2 highly experienced directors. 1 independent director (8 non-independent directors). Director David Terry is the most experienced director on the board, commencing their role in 2008. Independent Director Won Sung was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.決済の安定と成長配当データの取得安定した配当: PHOSの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: PHOSの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場First Phosphate 配当利回り対市場PHOS 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (PHOS)n/a市場下位25% (CA)1.7%市場トップ25% (CA)5.4%業界平均 (Metals and Mining)1.3%アナリスト予想 (PHOS) (最長3年)n/a注目すべき配当: PHOSは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: PHOSは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: PHOSの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: PHOSが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YCA 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 13:42終値2026/05/06 00:00収益2025/11/30年間収益2025/02/28データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋First Phosphate Corp. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Mark La ReichmanNOBLE Capital Markets, Inc.
Price Target Changed • Apr 29Price target increased by 8.8% to CA$2.93Up from CA$2.69, the current price target is an average from 3 analysts. New target price is 129% above last closing price of CA$1.28. Stock is up 374% over the past year. The company posted a net loss per share of CA$0.098 last year.
Recent Insider Transactions Derivative • Mar 10Chief Geologist exercised options to buy CA$327k worth of stock.On the 7th of March, Gilles Laverdiere exercised options to buy 300k shares at a strike price of around CA$0.40, costing a total of CA$120k. This transaction amounted to 30% of their direct individual holding at the time of the trade. Since December 2025, Gilles' direct individual holding has increased from 546.13k shares to 1.00m. Company insiders have collectively bought CA$8.8b more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Feb 24Independent Chairman exercised options to buy CA$234k worth of stock.On the 20th of February, Laurence Zeifman exercised options to buy 300k shares at a strike price of around CA$0.25, costing a total of CA$75k. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. Since March 2025, Laurence's direct individual holding has increased from 4.72m shares to 6.36m. Company insiders have collectively bought CA$8.8b more than they sold, via options and on-market transactions, in the last 12 months.
New Risk • Feb 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: CA$135.7m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$376k sold). Market cap is less than US$100m (CA$135.7m market cap, or US$99.6m).
Recent Insider Transactions • Feb 01Chief Geologist recently sold CA$181k worth of stockOn the 29th of January, Gilles Laverdiere sold around 206k shares on-market at roughly CA$0.88 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$195k. Despite this recent sale, insiders have collectively bought CA$41k more than they sold in the last 12 months.
Recent Insider Transactions Derivative • Jan 09Independent Chairman exercised options to buy CA$155k worth of stock.On the 5th of January, Laurence Zeifman exercised options to buy 152k shares at a strike price of around CA$0.90, costing a total of CA$137k. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. Since March 2025, Laurence's direct individual holding has increased from 4.72m shares to 5.76m. Company insiders have collectively bought CA$603k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Dec 23First Phosphate Corp. announced that it has received CAD 9.612778 million in fundingOn December 22, 2025, First Phosphate Corp. closed the transaction. The company issued 2,053,889 flow-through shares at an issue price of CAD 0.90 for gross proceeds of CAD 1,848,500.1 and 1,254,893 hard-dollar units at an issue price of CAD 0.90 for gross proceeds of CAD 1,129,403.7 for aggregate proceeds of CAD 2,977,903.8 in final tranche. In connection with the current tranche of the offering, the company issued 24,000 compensation common shares and 24,000 compensation warrants, exercisable at a price of CAD 1.25 per common share of the company, until April 30, 2026, subject to an accelerated expiry date. The company issued 52,444 compensation common shares and 52,444 compensation warrants in the third tranche of the offering. Peter Nicholson indirectly purchased 443,260 flow-through shares. All securities issued under the offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws.
New Risk • Dec 19New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$195k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (CA$195k sold). Market cap is less than US$100m (CA$133.8m market cap, or US$97.1m).
Recent Insider Transactions • Dec 19CFO, Chief Administrative Officer recently sold CA$195k worth of stockOn the 15th of December, Bennett Kurtz sold around 204k shares on-market at roughly CA$0.95 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Bennett's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Dec 16Independent Chairman exercised options to buy CA$132k worth of stock.On the 12th of December, Laurence Zeifman exercised options to buy 152k shares at a strike price of around CA$0.50, costing a total of CA$76k. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. Since December 2024, Laurence's direct individual holding has increased from 4.60m shares to 5.45m. Company insiders have collectively bought CA$587k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Nov 18First Phosphate Corp. announced that it has received CAD 2.180149 million in fundingOn November 17, 2025, First Phosphate Corp. closed the transaction. Th company announced that it has issued 2,244,722 Flow-Through Shares at a price of CAD 0.90 per Flow-Through Share for gross proceeds of CAD 2,020,250, and 177,666 Hard Dollar Units at a price of CAD 0.90 per Hard Dollar Unit for gross proceeds of CAD 159,899; aggregate gross proceeds of CAD 2,180,149. The transaction is oversubscribed. In connection with the Offering, the Company issued 178,698 compensation common shares at a deemed price of CAD 0.90 per common share, and issued 178,698 Compensation Warrants, exercisable at a price of CAD 1.25 per common share of the Company, until April 30, 2026, subject to an Accelerated Expiry Date. All securities issued under the Offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws
お知らせ • Nov 08First Phosphate Corp. announced that it expects to receive CAD 2 million in fundingFirst Phosphate Corp. announced a non brokered private placement to a strategic investor for gross proceeds of a minimum of CAD 2,000,000 on November 7, 2025. The Offering is anticipated to consist of any combination of Flow-through shares at a price of CAD 0.90 per share and Hard dollar units at a price of CAD 0.90 per Hard Dollar Unit and Unit comprised of one common share and one Common Share purchase warrant with each Warrant exercisable for one Common Share at a price of CAD 1.25 per Common Share until April 30, 2026, subject to an Accelerated Expiry Date. The Offering is expected to close on or about November 21, 2025, or such other date or dates as may be determined by the Company. All securities issued under the Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Offering, eligible finders will be paid a fee consisting of up to 8% of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent of up to 8% of the number of Hard Dollar Units or Flow Through Shares issued to subscribers introduced by them. Each Compensation Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.90 per share until April 30, 2026, provided that if the volume weighted average trading price of the Common Shares on the Canadian Securities Exchange for any 5 consecutive trading days equals or exceeds $2.00, the Company may, upon issuing a press release, accelerate the expiry date of the Compensation Warrants to the date that is 30 days following the date of such press release. The Company reserves the right to pay cash finders' fees on the Flow-Through Offering in Common Shares rather than cash issued at the Flow-Through Offering issue price.
お知らせ • Sep 30First Phosphate Corp. announced that it expects to receive CAD 15 million in fundingFirst Phosphate Corp announced a best efforts private placement to issue 25,000,000 units at a price of CAD 0.6 per unit for aggregate gross proceeds of CAD 15,000,000 on September 29, 2025. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at an exercise price of CAD 0.9 per warrant share for a period of 36 months from the Closing Date. The transaction is expected to close on October 10, 2025. In consideration for their services, the Company has agreed to pay the agent an aggregate cash commission equal to 8% of gross proceeds of the Offering (subject to reduction to 2.0% on certain president's list purchases), and to issue that number of non-transferable broker warrants of the Company to the agent equal to 8.0% of the number of Units sold under the Offering (subject to reduction to 2.0% on certain president's list purchases). Each Broker Warrant is exercisable to acquire one Common Share at a price of CAD 0.90 per share for a period of 36 months following the Closing Date.
お知らせ • Sep 24First Phosphate Corp. announced that it has received fundingOn September 24, 2025, the company closed the transaction.
お知らせ • Aug 19First Phosphate Corp. announced that it has received CAD 9.4 million in fundingOn August 18, 2025, American Lithium Corp closed the transaction. The company announced that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of CAD 9,400,000.05. The Private Placement consisted of the issuance and sale of 34,814,815 units at a price of CAD 0.27 per Unit. Each Unit issued pursuant to the Private Placement consists of one common share and one Common Share purchase warrant. Each warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.50 for 36 months from the closing date of the Private Placement. The Private Placement was made to qualified investors in such provinces of Canada as the Company may designate, and otherwise in those jurisdictions where the Private Placement can lawfully be made. All securities issued pursuant to the Private Placement are subject to a four-month hold and one day hold period in accordance with applicable Canadian securities laws. The Offering included subscriptions from insiders of the Company for an aggregate of 11,111,111 Units totaling gross proceeds of CAD 3,000,000.
お知らせ • Aug 05First Phosphate Corp. announced that it expects to receive CAD 1 million in fundingFirst Phosphate Corp. announced a non-brokered private placement to issue flow-through shares at an issue price of CAD 0.50 per share and hard dollar units at an issue price of CAD 0.50 per hard dollar unit for gross proceeds of CAD 1,000,000 on August 5, 2025. Each hard dollar unit comprised of one common share and one half of one common share purchase warrant with each whole warrant exercisable for one common share at a price of CAD 0.50 per common share until December 31, 2025. The offering is expected to close on or about August 22, 2025, or such other date or dates as may be determined by the company. All securities issued under the offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the offering, eligible finders will be paid a fee consisting of up to 8% of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent of up to 8% of the number of hard dollar units or flow through shares issued to subscribers introduced by them. Each compensation warrant shall entitle the holder thereof to acquire one common shares at a price of CAD 0.50 per share until December 31, 2025.
お知らせ • Jul 24First Phosphate Corp., Annual General Meeting, Aug 29, 2025First Phosphate Corp., Annual General Meeting, Aug 29, 2025.
お知らせ • Jul 17First Phosphate Corp. announced that it has received CAD 4.69233 million in fundingOn July 16, 2025,First Phosphate Corp. has closed the transaction and its second and final tranche. The company issued 3,729,428 flow-through shares at an issue price of CAD 0.35 for the proceeds of CAD 1,305,299.8 and 450,000 hard-dollar units at an issue price of CAD 0.35 for the proceeds of CAD 157,500 and the total aggregate gross proceeds being CAD 1,462,800 .Each Hard dollar Unit will consist of one common share and one half of one common share purchase warrant with each whole warrant exercisable into one common share at an exercise price of CAD 0.5.In total, in connection with the offering, the company paid CAD 1,600 in cash finders' fees, issued 894,998 compensation shares and advisory shares at a price of 3CAD 0.35 per common share, and issued 899,570 compensation warrants, exercisable at a price of CAD 0.50 per common share of the company, until Dec. 31, 2025, subject to an accelerated expiry date. All securities issued under the offering are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws As part of both tranches of the offering the company has raised gross proceeds of CAD 4,692,329 through the issuance of 12,856,513 flow-through shares at a price of 35 cents for gross proceeds of CAD 4,499,780, and 550,142 hard-dollar units at a price of CAD 0.35 , each composed of one common share and one-half of one warrant.
New Risk • Jul 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$39.2m market cap, or US$28.5m).
お知らせ • Jul 08First Phosphate Produces LFP Battery Cells Using North American Critical Minerals Using North American Critical MineralsFirst Phosphate Corp. announced that it has successfully produced commercial-grade lithium iron phosphate ("LFP") 18650 format battery cells using North American-sourced critical minerals, advancing its mission to localize the LFP battery supply chain in North America. The LFP cathode and anode materials for the First Phosphate 18650 LFP battery cells were produced using North American critical minerals from the following supply sources: Phosphate: High-purity phosphoric acid produced from igneous phosphate concentrate extracted from the First Phosphate Begin-Lamarche property in Quebec, Canada and processed in the pilot installations of Prayon Technologies of Belgium, Europe. Iron: Iron powder produced using magnetite concentrate from the First Phosphate begin-Lamarche property in Canada and processed by GKN Hoeganaes of Tennessee, USA. Lithium: Lithium carbonate produced by Century Lithium Corp. from its operations in Nevada, USA. Graphite: Natural graphite-based active anode material produced by Nouveau Monde Graphite from its operations in Quebec, Canada.
お知らせ • Jun 30First Phosphate Corp. announced that it expects to receive CAD 2 million in fundingFirst Phosphate Corp announced a non-brokered private placement to issue Flow through shares at a price of CAD 0.35 per share and Hard Dollar Units at a price of CAD 0.35 for aggregate gross proceeds of CAD 2,000,000 on June 30, 2025. Each Hard dollar Unit will consist of one common share and one half of one common share purchase warrant with each whole warrant exercisable into one common share at an exercise price of CAD 0.5. The offering is expected to close, in one or more tranches, on or about July 8, 2025. All securities issued under the Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Offering, eligible finders will be paid a fee consisting of up to 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent of up to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them. Each Compensation Warrant shall entitle the holder thereof to acquire one Common Share at a price of CAD 0.50 per share until December 31, 2025.
お知らせ • Jun 25First Phosphate Corp. Announces Advanced Metallurgical Testing, Surface Stripping and Channel SamplingFirst Phosphate Corp. announced that a 5,000-kilogram bulk sample has been drilled and collected at its Begin-Lamarche phosphate project, located in the Saguenay-Lac-Saint-Jean region of Quebec, Canada. The purpose of the bulk sample is to conduct advanced metallurgical testing to refine the process for recovery of apatite (phosphate), magnetite (iron), and ilmenite (titanium). This work follows the successful preliminary metallurgical testing conducted in June 2023, which confirmed the positive recovery of the targeted minerals. These tests demonstrated the technical feasibility of processing the ore at small scale and have provided the foundation to proceed to this next semi-industrial stage. The Company now intends to scale its pilot process to validate flowsheet performance in a semi-industrial setting, to optimize process parameters, and to generate technical data to support future economic and feasibility studies. 2,000 kilograms of the current sample were sourced from the Company's Begin-Lamarche project's Northern Zone, 2,000 kilograms from its Mountain Zone and 1,000 kilograms from its Southern Zone.
New Risk • May 30New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$36.1m market cap, or US$26.3m).
お知らせ • May 29First Phosphate Corp. announced that it has received CAD 2.391154 million in fundingOn May 28, 2025, First Phosphate Corp. closed the transaction. The company announced that it has issued 4,391,880 flow-through shares at an issue price of CAD 0.35 per share for gross proceeds of CAD 0.401800 for gross proceeds of CAD 1,764,657.384 and 1,789,990 hard-dollar units, comprising 1,789,990 common shares and 894,995 warrants at an issue price of CAD 0.35 per unit for gross proceeds of CAD 626,496.5; aggregate gross proceeds of CAD 2,391,153.884. The transaction is oversubscribed. In connection with this financing, the company paid $800 in finders' fees, issued 239,918 compensation shares and advisory common shares at a price of 35 cents per compensation share, and issued 213,633 compensation warrants, exercisable at a price of 50 cents per common share of the company until Dec.ember31, 2025, subject to an accelerated expiry date. All securities issued under the offering will be subject to a four-month-and-one-day statutory hold period, in accordance with applicable securities laws. In connection with this closing, Laurence W. Zeifman, purchased 285,714 flow-through shares, and Peter Nicholson, purchased 714,286 flow-through shares. The transaction is oversubscribed. Each hard dollar unit consists of one common share in the capital of the Company and one half of one Common Share purchase warrant with each whole Warrant exercisable for one Common Share at a price of CAD 0.50 per Common Share until December 31, 2025
お知らせ • May 10First Phosphate Corp. announced that it expects to receive CAD 1 million in fundingFirst Phosphate Corp. announced a non-brokered private placement that it will issue any combination of Flow-through shares of the Company at an issue price of CAD 0.35 per share and Hard dollar units of the Company at an issue price of CAD 0.35 per unit for the aggregate gross proceeds of up to CAD 1,000,000 on May 9, 2025. Each hard dollar unit consists of one common share in the capital of the Company and one half of one Common Share purchase warrant with each whole Warrant exercisable for one Common Share at a price of CAD 0.50 per Common Share until December 31, 2025, subject to an Accelerated Expiry Date. The Proposed Offering is expected to close, in one or more tranches, on or before May 27, 2025, or such other date or dates as may be determined by the Company. All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Proposed Offering, eligible finders will be paid a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them.
Recent Insider Transactions • Apr 03CEO & Director recently bought CA$87k worth of stockOn the 1st of April, John Passalacqua bought around 298k shares on-market at roughly CA$0.29 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$90k. John has been a buyer over the last 12 months, purchasing a net total of CA$611k worth in shares.
Recent Insider Transactions • Feb 04CEO & Director recently bought CA$90k worth of stockOn the 3rd of February, John Passalacqua bought around 302k shares on-market at roughly CA$0.30 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of CA$460k worth in shares.
New Risk • Jan 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$30.5m market cap, or US$21.2m).
お知らせ • Jan 03First Phosphate Corp. announced that it has received CAD 2.695459 million in fundingOn January 2, 2025, the company has closed the transaction. The company issued 7,448,455 flow-through shares for gross proceeds of CAD 2,606,960 and 252,857 hard-dollar units for gross proceeds of CAD 88,500. In connection with the closing of the offering, Larry Zeifman, a director of the company, purchased a total of 285,714 flow-through shares.
New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Market cap is less than US$100m (CA$19.0m market cap, or US$13.2m).
お知らせ • Dec 19First Phosphate Corp. announced that it expects to receive CAD 1 million in fundingFirst Phosphate Corp. announced a non-brokered private placement that it will issue Flow-through shares of the Company at an issue price of CAD 0.35 per share and Hard dollar units of the Company at an issue price of CAD 0.35 per unit for the aggregate gross proceeds of up to CAD 1,000,000 on December 18, 2024. Each hard dollar unit comprised of one common share in the capital of the Company and one half of one Common Share purchase warrant with each whole Warrant exercisable for one Common Share at a price of CAD 0.50 per Common Share until December 31, 2025, subject to an Accelerated Expiry Date. The Proposed Offering is expected to close, in one or more tranches, on or before December 31, 2024,or such other date or dates as may be determined by the Company. All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Proposed Offering, eligible finders will be paid a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and compensation warrants as is equivalent to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them.
New Risk • Nov 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.7m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.5m free cash flow). Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.7m market cap, or US$9.81m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding).
Board Change • Sep 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 7 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). CEO & Director John Passalacqua is the most experienced director on the board, commencing their role in 2021. Independent Chairman Larry Zeifman was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Sep 03First Phosphate Corp. Announces Board ChangesFirst Phosphate Corp. announced the appointment of Peter J.F. Nicholson to its board of directors effective September 1, 2024 to fill the vacancy created by the resignation of ex-director Marc Branson effective on the same day. Mr. Nicholson is the Founder, President and controlling shareholder of Wealth Creation Preservation &Donation Inc. (WCPD), a recognized leader in Canadian tax-assisted investments, with a specialized focus on philanthropic tax planning and tax reduction in the mining industry. Through his work with many donors, foundations, institutions, and boards, he has helped generate over $350 million for client donations. Nicholson is also a generous philanthropist in his own right and a tireless supporter of community initiatives. Over the years, Peter has served as a dedicated champion and board member for many foundations across Canada, such as Winnipeg's Canadian Museum of Human Rights, Children's Hospital of Eastern Ontario, Ottawa Regional Cancer Foundation and founder of the Exuma Foundation of Canada. He is also a member of the Canadian Association of Gift Planners (CAGP), Association of Fundraising Professionals of Canada (AFP), the Clinton Global Initiative, and a ten-year veteran of the investment club Tiger 21.
お知らせ • Jul 11First Phosphate Corp., Annual General Meeting, Aug 23, 2024First Phosphate Corp., Annual General Meeting, Aug 23, 2024.
お知らせ • Jun 30First Phosphate Corp. announced delayed 20-F filingOn 06/28/2024, First Phosphate Corp. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • May 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.3m (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 61% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.3m market cap, or US$9.78m). Minor Risk Shareholders have been diluted in the past year (44% increase in shares outstanding).
Recent Insider Transactions • Mar 22CEO & Director recently bought CA$55k worth of stockOn the 20th of March, John Passalacqua bought around 253k shares on-market at roughly CA$0.22 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of CA$98k worth in shares.
お知らせ • Feb 01First Phosphate Announces Launch of 25,000m Drill Campaign At Its Bégin-Lamarche ProjectFirst Phosphate Corp. announced that it will undertake a 25,000 m drill program at its Bégin-Lamarche Project. The drilling program follows the Company's recent financing raising gross proceeds of $8.2 million and is intended to lead to a maiden NI 43-101 compliant resource estimate followed by a PEA. The Company will undertake a 25,000 m drill program at Bégin-Lamarche in the coming weeks in order to be in a position to calculate a maiden NI 43-101 resource estimate that should lead to an eventual PEA. The drilling plan consists of drilling the 3 km long phosphate mineralization strike zone at every 100 meter section and at every 50 meters within the section. The program will start in the coming weeks with 3 drill rigs with one drill rig being mobilized per week. The Company has existing drill permits to start the program immediately and has recently requested additional drill permits to expand the drilling horizons. The drilling program will be managed by Laurentia Exploration from Jonquière, Québec. Drilling operations will be managed by First Nations Drilling of Mashteuiatsh, Québec and Forages Diafor of Rivière-Héva, Québec. In summer 2023, the Company drilled 21 holes at Bégin-Lamarche for a total 4,544 m of drilling.
お知らせ • Jan 30First Phosphate Corp. Confirms Two Additional New High-Grade Discoveries At Begin-Lamarche Property and Up to 39.45% P2o5 At Larouche Saguenay, QuebecFirst Phosphate Corp. announced that it has confirmed a new high-grade discovery 500 m from the existing northern zone of its Bégin-Lamarche project located in the region of Saguenay-Lac-St-Jean, Quebec, Canada. The original discovery of these areas was made in the fall of 2022 during a prospection campaign and was confirmed last fall with 26 grab samples returning high-grade P2O5 (phosphate). The Larouche area also continues to return high-grade analyses with one sample grading as high as 39.45% P2O5 (phosphate) in an irregular layer of pure apatite (the host mineral which contains phosphate). At this level of purity, the mineral would be considered direct shipping ore ("DSO"). Grab sampling revealed a high grade phosphate area 500m north of the existing Northern Zone. This new zone, named the Mountain Zone, is about 350m long by 175m wide. From fieldobservation, the rock type is nelsonitic peridotite which is the most favorable rock type where phosphate is found on the property. A total of 26 grab samples were taken in this area, most of which, returned grades of between 7.17% and 17.83% P2O5 (phosphate). The average of the 26 samples was 10.6% P2O5. A second new zone, named the Northwestern zone, was also discovered west of the existing Northern Zone from which 4 of 8 samples returned grades of over 10% P2O5. Field reconnaissance and sampling in the Larouche area also revealed high grade phosphate. As notedabove, one sample returned 39.45% P2O5. This represents the highest ever phosphate sample found by the Company. The sample comes from an irregular layer found of almost pure apatite (the host mineral which contains phosphate). At this level of purity, the mineral would be consideredDSO. Preliminary geological indications suggest that these layers could be flat-lying and therefore open at substantial potential depth. Other results from the samples in this area show high grade phosphate values up to 23.1% P2O5. To date, field work has outlined phosphate layers of a length ofup to 760m. The width of these layers is not fully known at this time due to their flat-lying geometry. Only further drilling will be able determine the full width of the layers. A drill permit application has been made for drilling in this area.
お知らせ • Jan 24First Phosphate Corp. announced that it has received CAD 9.208475 million in fundingOn January 22, 2024, First Phosphate Corp., closed the transaction. The company issued 1,768,250 hard dollar units for gross proceeds of CAD 707,300. The company raised an aggregate of CAD 8,223,475.20 in the transaction through hard dollar units.
お知らせ • Dec 15First Phosphate Corp. announced that it expects to receive CAD 2 million in fundingFirst Phosphate Corp. announced a non-brokered private placement to issue Hard dollar units of the company at a price of CAD 0.40 per hard dollar unit, Flow-through shares of the company at a price of CAD 0.50 per share and Charity Flow-through shares of the company at a price of CAD 0.63 per share for the aggregate gross proceeds of CAD 2,000,000 on December 14, 2023. Each hard dollar unit consists of one common share in the capital of the company and one half of one common share purchase warrant with each whole warrant exercisable for one common share at a price of CAD 0.50 per common share until December 31, 2025, subject to an Accelerated Expiry Date. The transaction is expected to close on or about December 31, 2023. Closing may be completed in one or more tranches as the company may determine. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that the Proposed Offering will be completed, whether in whole or in part. All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. In connection with the Proposed Offering, eligible finders will be paid a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and such number of compensation warrants as is equivalent to 8% of the number of Hard Dollar units, Flow-Through shares, or Charity Flow-Through shares issued to subscribers introduced by them. The securities issued pursuant to the Proposed Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended.
New Risk • Nov 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.7m free cash flow). Earnings have declined by 65% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.81m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change).
New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.1m free cash flow). Earnings have declined by 71% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.88m market cap, or US$6.70m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
お知らせ • Jul 08First Phosphate Corp., Annual General Meeting, Aug 25, 2023First Phosphate Corp., Annual General Meeting, Aug 25, 2023.
お知らせ • Jul 06First Phosphate Corp. Announces the Appointment of Armand Mackenzie to the Advisory Board of the CompanyFirst Phosphate Corp. announced the appointment of Armand MacKenzie to the advisory board of the Company. Armand MacKenzie was raised in traditional Innu territory. He has practiced law for 15 years and was chief legal advisor on land rights for the Innu Nation. He was a special advisor/negotiator on the drafting and adoption of the UN General Assembly Declaration on the Rights of Indigenous Peoples. He has negotiated numerous impact benefit agreements. He has been a mining executive for the last 15 years. First Phosphate holds over 1,500 sq. km of total land claims in the Saguenay-Lac-St-Jean region of Quebec, Canada that it is actively developing. Its properties consist of rare anorthosite igneous rock formation that generally yields high purity phosphate concentrate devoid of high concentrations of deleterious heavy metals.
お知らせ • Jun 22Members of management team and Board of Directors of First Phosphate Corp. completed the acquisition of 5.23% stake in First Phosphate Corp. (CNSX:PHOS) from Glen Eagle Resources Inc. (TSXV:GER).Members of management team and Board of Directors of First Phosphate Corp. entered into an agreement to acquire 5.23% stake in First Phosphate Corp. (CNSX:PHOS) from Glen Eagle Resources Inc. (TSXV:GER) for CAD 0.59 million on May 10, 2023. As part of the transaction, Glen Eagle Resources will sell 2.7 million shares out of the 5.4 million it owns to the acquirers. The agreement is subject to customary closing conditions, including obtaining all necessary approvals under the escrow agreement and all applicable securities laws. The transaction is set to close by May 31, 2023. Members of management team and Board of Directors of First Phosphate Corp. completed the acquisition of 5.23% stake in First Phosphate Corp. (CNSX:PHOS) from Glen Eagle Resources Inc. (TSXV:GER) on June 21, 2023.
お知らせ • Jun 20First Phosphate Corp. Commissions Solventless, Environmentally Friendly Phosphate Concentration Pilot PlantFirst Phosphate Corp. announced that it has completed the commissioning of its pilot plant to produce phosphate concentrate to be used in the formulation of battery-grade purified phosphoric acid for use in the manufacture of lithium iron phosphate ("LFP") cathode active material for the LFP battery industry in North America. After positive bench test results that demonstrated a recovery of 91.4% of its phosphate-bearing apatite to a concentrate containing 40.2% P2O5 (phosphate), the Company decided to setup the pilot plant to process a large bulk sample. A 15-tonne bulk sample was crushed to a diameter of 20 mm and sent to SGS. Based on 15 separate crushed rock specimens, the bulk sample assayed 7.6% P2O5 (phosphate) and 6.9% TiO2 (titanium oxide). The pilot plant optimises the Company's metallurgical process for the production of a super high grade phosphate concentrate approaching 41% P2O5. The pilot plant has produced over 900 kilograms of apatite concentrate which have been sent to the facilities of Prayon SA ("Prayon") in Belgium for the production of battery-grade purified phosphoric acid ("PPA"). The battery-grade PPA produced will then be sent to Company partners for homologation into their LFP cathode active material production processes. The pilot plant also produces valuable, marketable recoveries of ilmenite and magnetite.
お知らせ • Jun 13First Phosphate Corp. Appoints Isobel Sheldon to Advisory BoardFirst Phosphate Corp. announced the appointment of Isobel Sheldon OBE, from consultancy and advisory firm Oakpolytech Ltd, to the advisory board of the Company. Isobel Sheldon is a 20 year veteran of the Lithium Ion battery industry. She was awarded an Order of the British Emprire from Her Majesty the Queen of England for long service to EV battery development. She was ranked 37th in OutAtWork top 50 LGBT executives in the UK. She has held senior strategy, technical, business and executive roles with Britishvolt, UK Battery Industrialisation Centre, Cummins Electrified Power and Johnson Matthey.
お知らせ • May 24+ 1 more updateFirst Phosphate Corp. Appoints Garry Siskos, CPA, CA as Chief Operating OfficerFirst Phosphate Corp. announced that Garry Siskos, CPA, CA has been appointed Chief Operating Officer and Chief Financial Officer of the Company. First Phosphate outgoing CFO, Bennett Kurtz, will be moving to the position of Chief Administrative Officer. Gilles Laverdière has been appointed as Chief Geologist for the Company. Garry Siskos has over 25 years of international experience as CFO and COO inside entrepreneurial and multinational public and private business environments. He specializes in strategy, capital raising, structured finance, mergers and acquisitions. He is experienced in the technology, mining, and automotive sectors. He was involved in two of Canada's Top 100 growth organizations. First Phosphate's flagship Lac à l'Orignal property is located approximately 140 km driving-distance from the deep sea Port of Saguenay. First Phosphate's Bégin-Lamarche property is located approximately 75 km from the deep sea Port of Saguenay. The Company has a memorandum of understanding ("MOU") with the Port of Saguenay to secure deep-sea access to global markets and a valuable industrial port development footprint. First Phosphate has recently concluded a 4,274 m drill program at its Bégin-Lamarche property, the most important of its blue-sky development properties. The Company is expected to announce drilling results for the Bégin-Lamarche property in the coming weeks. The Company is currently undergoing a Preliminary Economic Assessment at its Lac à l'Orignal property and is expected to provide results by the fourth quarter of this year. The Company entered into agreement to engage MMP Munich MiningPartners GmbH for investor relations services with the effective date of May 22, 2023. MMP's engagement is for an initial term of 3 months, during which the Company will pay MMP the aggregate fee of CAD 25,000 in cash.
Board Change • Feb 23Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 2 highly experienced directors. 1 independent director (8 non-independent directors). Director David Terry is the most experienced director on the board, commencing their role in 2008. Independent Director Won Sung was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.