First Phosphate Corp announced that it has received final approval to list its common shares on the Canadian Securities Exchange (CSE), under ticker symbol ‘PHOS’, at the opening of the market on February 22, 2023.
"Publicly traded shares of First Phosphate offer global investors a means of gaining exposure to pure-play, clean phosphate development focused on the Lithium Iron Phosphate (LFP) battery on-shore in North America," First Phosphate president Peter Kent said in a statement.
READ: First Phosphate commences drill program at Bégin-Lamarche phosphate property in Quebec
"First Phosphate properties in Quebec are amongst 1% of the world's rarest and most desirable igneous anorthosite phosphate-bearing rock which is ideal for the production of LFP cathode active material because it is devoid of high concentrations of harmful elements," Kent added.
First Phosphate holds 1,500 square kilometres of total land claims in igneous phosphate bearing anorthosite in the Saguenay-Lac-St-Jean Region of Quebec that it is actively developing to produce battery grade phosphate, according to the company.
It added that it is fully focused on integrating its phosphate material directly into the supply chain of major battery and electric vehicle producers in North America.
First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the LFP battery industry.
Contact Sean at sean@proactiveinvestors.com