Bullboard - Stock Discussion Forum First Phosphate Corp C.PHOS

Alternate Symbol(s): FRSPF

First Phosphate Corp. is a Canada-based mineral development company. The Company is engaged in extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (LFP) battery industry. It holds over 1,500 square kilometers (sq. km) of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada. Its properties consist... see more

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First Phosphate Corp > New Press Release - First Phosphate Appoints Jérôme Cliche as Vice-President, Business Development

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Post by PressRelease on Oct 10, 2023 8:02am

New Press Release - First Phosphate Appoints Jérôme Cliche as Vice-President, Business Development

Saguenay, Quebec--(Newsfile Corp. - October 10, 2023) - First Phosphate Corp. (CSE: PHOS) (OTC Pink: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has appointed Jérôme Cliche its Vice-President, Business Development.Mr. Cliche is experienced in the areas of...read article.

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Comment by tweezer1957 on Oct 10, 2023 8:40pm

Dilution begins. The only currency this company has is stock. You must understand this issuance of stock will be repeated. Be smart watch the company and wait.

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Comment by ggrellette on Oct 11, 2023 3:49pm

Wow, that is profound but nothing new. The whole Jr. sector works on dilution so get use to it if you want to dabble in the penny stock arena.

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Comment by tweezer1957 on Oct 11, 2023 4:47pm

Exactly my point. Best to wait this period out.

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Comment by ggrellette on Oct 13, 2023 3:11pm

Not sure on the waiting, only because they have cash available to them due to the recent News Release. Now if they needed funding due to limited amount of cash I would say wait until it gets under 25 cents.

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Comment by tweezer1957 on Oct 13, 2023 9:01pm

They have no cash available. The LOI is only an application. The press release states there is no guarantee of a loan. That said these guys are clever and will get the price up but I would sell into every wave up.

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First Phosphate Corp