Warrant Exercise Delivers C$3.07M, Clears All Public Dilutive Overhang. Recent Acquisition of Fox River Resources by Avenir Minerals (Agnico Eagle) Bodes Well for the Industry. First Phosphate has completed the exercise of its final tranche of publicly held warrants, marking a notable milestone in its capital structure. On May 4, 2026, the Company announced gross proceeds of C$3,070,549 from the exercise of 2,456,439 warrants at C$1.25 per share, representing full participation ahead of their April 24 and April 30, 2026 expiries.
