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First Phosphate Corp. (OTC: FRSPF)(CSE: PHOS) Running Hard on Connect 4 InsiderStockPick Million Dollar Stock Promotion

First Phosphate Corp. (OTC: FRSPF)(CSE: PHOS) has been rocketing up the charts from a start point of around $0.30 in July of last year to recent highs of $1.20 per share. The move up comes on the heels of a million-dollar stock promotion on google adwords from Connect 4 Marketing Ltd. ((insiderstockpick.com) operating out of Brossard, Quebec with the landing page located here. According to marketing materials. Connect 4 was first hired back in early July of last year for $12,500 directly from the Company when the stock was around .30. Since then, the Company has compensated Connect 4 with an additional $710,281.31 CAD and 107,310.00 USD and its stock has risen to highs .$1.20+. Connext 4 is advertising First Phosphate Corp. Landing page on keywords such as “hot sock picks” “penny stocks” “and “mining stocks” amoung many other keywords.

There is a lot to get excited about on First Phosphate Corp due to its strategic position in the North American Lithium Iron Phosphate battery supply chain, rare high-purity igneous phosphate resources in Quebec, and strong government support. The company recently finalized a C$16.7 million non-repayable funding agreement with the Government of Canada aimed at accelerating the development of its Bégin-Lamarche project in Quebec, bolstering First Phosphates development of localized, high-purity, battery-grade phosphate.

First Phosphate Corp. (OTC: FRSPF)(CSE: PHOS) operating out of Vancouver BC on 1055 West Georgia Street is a mineral development company dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, in a responsible manner, and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source.

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Market Data – Insider Stock PickAccording to the landing page: “The Insider Buying Story: Management Has SERIOUS Skin in the Game Now here’s where this gets REALLY interesting. You know what separates winning investments? INSIDER BUYING. And folks, the insiders at First Phosphate aren’t just buying — they’re backing up the truck. CEO: $1.8 MILLION purchase value with his Own Money John Passalacqua, CEO First Phosphate. Let that sink in for a moment. CEO John Passalacqua has purchased 2,872,000 shares in the open market since May 2023, representing approximately USD $1.8 million of value using personal capital. John is an international business strategist with over 35 years of technology and capital markets experience.

First Phosphate holds over 1,500 sq. km of royalty-free land claims, with its primary development efforts focused on the Bégin-Lamarche and Lac à l’Orignal properties.

Bégin-Lamarche is the Company’s flagship property, located approximately 70 km from the Saguenay Deep Sea Port in Quebec, this is First Phosphate’s most advanced property and is currently undergoing feasibility-level development. The property features a rare anorthosite igneous phosphate rock, which is generally cleaner than sedimentary phosphate, with 90% of it capable of being converted into purified phosphoric acid (PPA). The deposit features a 2.5 km long, high-purity igneous phosphate zone that remains open at depth.

Bégin-Lamarche contains 3 mineralized zones with inferred resources of 214 million tones grading 6.0% P₂O₅. The Mountain and Northern zones include an additional 41.5 million tones of indicated resource at 6.5% P₂O₅. More than 40,000 meters of drilling have been completed as of March 2026, revealing high-grade intercepts starting from the surface, including 11.85% P₂O₅ across 84 meters and 8.9% P₂O₅ across 156 meters.

Company: First Phosphate Corp.
ticker symbol:(OTC: FRSPF)(CSE: PHOS)

Lac à l’Orignal Property is located about 110 km north of Saguenay, Quebec. This property serves as a secondary, highly promising asset, with high-quality mineralized showings. The Lac à l’Orignal deposit consists of gabbronorite containing apatite, magnetite, and ilmenite. It is characterized by low levels of deleterious elements (arsenic, heavy metals, radio actives). The Company’s exploration program has indicated pit-constrained resource of 15.8 Mt at 5.18% P₂O₅, 23.90% Fe₂O₃, and 4.23% TiO₂. Inferred pit-constrained resource of 33.2 Mt at 5.06% P₂O₅, 22.55% Fe₂O₃, and 4.16% TiO₂. The property offers potential for three marketable products: phosphate (apatite) concentrate, titanium oxide (ilmenite) concentrate, and iron oxide (magnetite) concentrate.

First Phosphate also holds substantial regional claims covering other potential high-purity phosphate occurrences, located within the same anorthosite intrusive complex as their main projects.

In addition to mining claims, First Phosphate has secured infrastructure to move from mine-to-market including its First Saguenay Plant: A leased 10,000-tonne-per-annum iron phosphate pCAM plant located in Saguenay (La Baie), Quebec, scheduled to begin production in 2026. The Company also has access to the deep-sea Port of Saguenay, enabling international shipping of concentrated products.

At the end of March First Phosphate announced the completion of its infill drill program launched on October 21, 2025 at its Bégin-Lamarche property in Saguenay-Lac-St-Jean, Quebec. The drilling campaign has confirmed extensive, continuous mineralization across the existing horizon of the initial resource estimate. The drill program has also discovered two new phosphate intersects located in the Northern Zone and in the Southern Zone on the eastern side of the existing mineralized zone. An additional 10,000 meters of targeted drilling was added to the initial drill program of 30,000 meters to solidify an understanding of these new intersects as well as to test additional mineralization located at depth in various areas across the Northern and Southern Zones.

The Company is currently processing the full set of drill results from its original and expanded drill campaign which totalled about 40,000 m with the goal of upgrading the geological model for the Bégin-Lamarche property in the coming weeks.

 

On April 13 First Phosphate announced it has finalized a letter of Intent (“LOI”) from the Danish Export Credit Agency for up to EUR 170 Million in equipment and services purchases for its igneous phosphate mine project in Saguenay-Lac-St-Jean, Quebec, Canada.

EIFO is backed by the Danish state, and as such, the EIFO guarantee can be considered AAA rated. The guarantee is provided to one or more banks providing the funding and EIFO participation can be expected to be pro rata and pari passu with other senior lenders.

EIFO has been involved in the financing of a significant number of transactions and projects around the world and has extensive experience within the field of export and project finance. Issuance of an EIFO guarantee is subject to EIFO internal credit approval, satisfactory documentation as well as satisfactory completion of normal and customary project due diligence, including but not limited to environmental and social matters. The LOI remains non-binding until the exact borrower/guarantor and security arrangements are established and is subject to Danish law and Danish jurisdiction.

Full disclaimer: we have not been compensated by First Phosphate Corp or any 3rd party for this report. When we are compensated which we sometmes will be, we will state that.

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3 Comments

  1. They secured C$16.7 million from the Government of Canada for the Bégin-Lamarche project. This validates their technology, strategy, and strategic importance to North America’s electric vehicle (EV) supply chain. The funding, announced in March 2026, materially reduces the project’s development, technical, and financial risks as it moves toward a feasibility study

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