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Posted by
Two Blokes Jul 16 -
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Saguenay, Quebec--(Newsfile Corp. - July 16, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has closed the final tranche of its originally announced $2,000,000 non-brokered private placement financing (the "Offering"), as further described in the Company's news releases dated June 30, 2025 and July 9, 2025. As part of both tranches of the Offering (closed July 8, 2025 and July 16, 2025), the Company has raised gross proceeds of $4,692,329 through the issuance of 12,856,513 Flow-Through Shares at a price of $0.35 for gross proceeds of $4,499,780, and 550,142 Hard Dollar Units at a price of $0.35, each comprised of one Common Shares and one-half of one Warrant.
