First Phosphate Corp. (OTCQX: FRSPF) (CSE: PHOS) Emerging Growth Research Report – June 22, 2026

G7 Recognition, Quantified Offtakes and C$35M Treasury Further De-Risk Development Strategy. First Phosphate continues to strengthen its position as a strategically important participant in the North American LFP battery supply chain. Recent milestones include formal recognition under the G7 Critical Minerals Resilience and Production Alliance, the disclosure of definitive offtake agreements covering both its mining and phosphoric acid assets, and the expansion of its treasury to approximately C$35 million.