First Phosphate boosts indicated resources at Bégin-Lamarche project by 378%

• First Phosphate secured Quebec fast-track permitting for its Bégin-Lamarche phosphate project, according to a company-sponsored research report.
• The project received CAD 4.9 million in non-repayable federal funding for road and electrical infrastructure.
• Swiss Export Risk Insurance issued a letter of support for a potential guarantee covering up to USD 212.5 million in project capital expenditures.
• Indicated mineral resources increased 378%; funding runway exceeds two years.
• A feasibility study is targeted for completion in Q1 2027, with a final investment decision planned for Q1/Q2 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Phosphate Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610210900ACCESSWRNAPR_____1239253) on October 21, 2026, and is solely responsible for the information contained therein.