魁北克省萨格奈–(Newsfile Corp. – 2024年2月20日) – First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) (“First Phosphate”或“本公司”)很高兴向市场介绍本公司在萨格奈港的纯磷酸（“PPA”）工厂计划以及在魁北克省萨格奈-拉克-圣让地区开发北美磷酸铁锂（“LFP”）电池谷的最新情况。
2022年11月21日，First Phosphate首席执行官John Passalacqua在魁北克萨格奈-拉克-圣让地区商会联合会上发表讲话，与当地商界领袖和政界人士分享了在魁北克萨格奈-拉克-圣让地区创建LFP电池生态系统的愿景。Passalacqua先生在2024年2月8日向FCC-SLSJ提供了进一步的情况更新。2月8日会议的记录见：https://www.youtube.com/watch?v=CnarUchmXdg。
在北美建立一个PPA工厂和一个LFP电池生态系统任重道远。自2022年首次提出这个愿景以来，First Phosphate已逐步采取多项措施，以建设其在萨格奈港的PPA工厂，并将魁北克的萨格奈-拉克-圣让地区打造成为北美的LFP电池谷。
本公司已经完成了对魁北克萨格奈港PPA工厂的内部预可行性研究，目前正在对工程公司进行评估，以启动潜在的正式可行性研究。所有PPA生产都将完全内部化，并仅限于由本公司及其战略合作伙伴开发LFP阴极活性材料（“CAM”），以免破坏食品磷酸盐和化肥行业现有的脆弱平衡。
Forward-Looking Information and Cautionary Statements
This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things, the Company’s planned exploration and production activities, the properties and composition of any extracted phosphate, the Company’s plans for vertical integration into North American supply chains, including, but not limited to, the Company’s ability to realize and successfully participate in its “Vertically Integrated Production Plan” and “External Downstream Producer” plan, and related disclosure, continued relations with local Innu communities, the establishment of the Saguenay-Lac-St-Jean region of Quebec as the LFP battery valley of North America, the results of feasibility studies, and the receipt of approvals and availability of financing for the proposed PPA plant,
These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, including, without limitation, expectations of the Company’s long term business outcomes given its short operating history; expectations regarding revenue, expenses and operations; the Company having sufficient working capital and ability to secure additional funding necessary for the exploration of the Company’s property interests; expectations regarding the potential mineralization, geological merit and economic feasibility of the Company’s projects; expectations regarding drill programs and the potential impacts successful drill programs could have on the life of the mine and the Company; mineral exploration and exploration program cost estimates; expectations regarding any environmental issues that may affect planned or future exploration programs and the potential impact of complying with existing and proposed environmental laws and regulations; receipt and timing of exploration and exploitation permits and other third-party approvals; government regulation of mineral exploration and development operations; expectations regarding any social or local community issues that may affect planned or future exploration and development programs; expectations surrounding global economic trends and technological advancements; and key personnel continuing their employment with the Company.
There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include: limited operating history; high risk of business failure; no profits or significant revenues; limited resources; negative cash flow from operations and dependence on third-party financing; the uncertainty of additional funding; no dividends; risks related to possible fluctuations in revenues and results; insurance and uninsured risks; litigation; reliance on management and key personnel; conflicts of interest; access to supplies and materials; dangers of mineral exploration and related liability and damages; risks relating to health and safety; government regulation and legal uncertainties; the company’s exploration and development properties may not be successful and are highly speculative in nature; dependence on outside parties; title to some of the Company’s mineral properties may be challenged or defective; Aboriginal title and land claims; obtaining and renewing licenses and permits; environmental and other regulatory risks may adversely affect the company; risks relating to climate change; risks related to infrastructure; land reclamation requirements may be burdensome; current global financial conditions; fluctuation in commodity prices; dilution; future sales by existing shareholders could cause the Company’s share price to fall; fluctuation and volatility in stock exchange prices; and risks related to market demands. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant.
These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian securities authorities, including without limitation the “Risk Factors” section of the Company’s Annual Information Form dated November 29, 2023 which is available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
