How many shares and securities does First Phosphate have outstanding?

First Phosphate said it has 179,947,950 common shares, 2,625,000 warrants, 7,650,000 options and 1,975,000 restricted share units outstanding. The Company said all outstanding warrants, options and restricted share units are held by current Company staff, management and board members.

What is First Phosphate’s debt and government funding position?

First Phosphate said it remains debt-free and has received a non-repayable, non-dilutive contribution of $16.7 million from the Federal Government of Canada. The Company said this contribution supports an accelerated development timeline.

How much financing has First Phosphate raised since June 2022?

First Phosphate said it has raised approximately $62.5 million since June 2022. The funds came from 10 management-led non-brokered private-placement financings and from option and warrant exercises.

What does First Phosphate do?

First Phosphate describes itself as a mineral exploration and development and clean technology company. It is dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America.

Which markets is First Phosphate targeting?

First Phosphate said its target markets include energy storage, data centres, robotics, mobility and national security.

What is First Phosphate’s flagship property?

First Phosphate’s flagship Bégin-Lamarche property is located in Saguenay–Lac-Saint-Jean, Québec, Canada. The Company describes it as a North American igneous phosphate resource producing high-purity phosphate characterised by very low levels of impurities.

Where do First Phosphate shares trade and what are the ticker symbols?

First Phosphate is listed on the CSE under PHOS, on the OTCQX under FRSPF, with an OTCQX ADR ticker of FPHOY, and on the FSE under KD0.

What forward-looking plans did First Phosphate identify?

First Phosphate identified forward-looking information relating to the timeframe for developing its planned exploration and production activities and its plans for vertical integration into North American supply chains. The Company said these statements are not guarantees of future performance and that actual results or developments may differ materially.

What risks and assumptions does First Phosphate attach to its outlook?

First Phosphate said outcomes could be affected by development and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Its assumptions include correctly estimated engineering and construction timetables and capital costs, access to financing on acceptable terms, timely permits and approvals, no significant operational disruptions, anticipated input and commodity prices, completion of exploration and development programmes as expected, and consistent relationships with local municipalities, First Nations, partners, suppliers and government.

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First Phosphate Reports $3,070,549 from Warrant Exercises

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First Phosphate Corp

CSE:PHOS
FSE:KD0
NASDAQ:PHOS
OTCQX:FRSPF

First Phosphate Reports $3,070,549 from Warrant Exercises

Published Monday, 04 May 2026

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Plain English summaries when First Phosphate Corp announces news.

At a glance

Company: First Phosphate Corp
Listings: CSE:PHOS, FSE:KD0, NASDAQ:PHOS, OTCQX:FRSPF
Announcement type: Financing
Published: Monday, 04 May 2026
Source announcement: firstphosphate.com

Key figures
Measure	Figure
Common shares	179,947,950 common shares

Figures are quoted from this announcement and selected automatically.

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (OTCQX ADR: FPHOY) (FSE: KD0) announced warrant exercises and receipt of proceeds.

The exercise produced $3,070,549 in gross proceeds from 2,456,439 warrants.
The warrants were exercised before expiry dates of April 24, 2026 and April 30, 2026.
The exercise price was $1.25 per share.

The capitalization includes 179,947,950 common shares, 2,625,000 warrants, 7,650,000 options and 1,975,000 restricted share units.

Investor FAQs

First Phosphate announced that it received $3,070,549 in gross proceeds from the exercise of 2,456,439 warrants before their expiry on April 24, 2026 and April 30, 2026. The warrants were exercised at an exercise price of $1.25 per share.

Source announcement

Company: First Phosphate Corp
Title: First Phosphate Receives Funds from Warrant Exercise and Streamlines Capitalization Table
Published: Monday, 04 May 2026
Source site: firstphosphate.com

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FAQSIR's summary and investor FAQs are generated by AI from the text of this announcement alone, without information from other sources.

Figures, forecasts and other claims are the announcement's, not FAQSIR's. FAQSIR does not independently verify them.

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