First Phosphate和Sun Chemical Corporation签署谅解备忘录,将在北美发展磷酸铁锂阴极活性材料制造业务

发布于: 11 月 29, 2023

魁北克省萨格奈 – (Newsfile Corp. – 2023年11月29日)– First Phosphate Corp. (“First Phosphate”) (CSE PHOS) (OTC Pink: FRSPF) (FSE: KD0)和Sun Chemical Corporation (简称“Sun Chemical”)很高兴宣布达成一项不具约束性的谅解备忘录,开发用于制造磷酸铁锂阴极活性材料(LFP CAM)的中间体,以支持发展中的北美电池市场。

根据该协议,Sun Chemical将使用北美的合格设施,使用First phosphate及其合作伙伴提供的磷酸盐材料生产磷酸铁。

Sun Chemical是一家领先的无机颜料生产商,并利用北美和欧洲现有的当地工厂产能来支持电池材料市场。双方将利用两家公司的网络,优先考虑Sun Chemical目前的氧化铁前体制造能力和First Phosphate的磁铁矿开采来源回收能力,研究在磷酸铁和磷酸铁锂合成过程中使用的最佳铁源。

通过合作,Sun Chemical和First Phosphate可能会开发一个美国能源部(DOE)的多方拨款申请,并结合First Phosphate潜在客户的承诺承购。

Forward-Looking Information and Cautionary Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: First Phosphate’s plans to integrate directly into the functions of certain major North American LFP Battery producers; First Phosphate’s proposed development of its land claims in the region of Saguenay-Lac-St-Jean, Quebec; First Phosphate’s potential development of a LFP CAM manufacturing business in North America; the anticipated benefits, terms, and timelines with respect to the MOU; that the agreement is a significant first step in what First Phosphate expects to be a meaningful ongoing supply relationship with Sun Chemical; that an agreement with SUN would enable First Phosphate to secure a key and often overlooked material from a major local supplier for the future growth of First Phosphate’s industrial activities; and potential agreements with governmental and other entities, potential the development of partnerships, relationships, and customers, and the stated benefits thereof.

Forward-looking information in this press release are based on certain assumptions and expected future events, namely: First Phosphate’s ability to integrate directly into the functions of certain major North American LFP Battery producers; First Phosphate’s ability to develop its land claims in the region of Saguenay-Lac-St-Jean, Quebec; First Phosphate ability to carry out its plans for the development of a LFP CAM manufacturing business in North America; First Phosphate having the ability to realize upon the anticipated benefits, terms, and timelines with respect to the MOU; that First Phosphate will have the ability to realize upon the MOU’s potential as significant first step in what First Phosphate expects to be a meaningful ongoing supply relationship with Sun Chemical; that an agreement with Sun Chemical will enable First Phosphate to secure a key and often overlooked material from a major local supplier for the future growth of First Phosphate’s industrial activities; and First Phosphate possessing the ability to realize upon the potential agreements with governmental and other entities, potential the development of partnerships, relationships and customers, and the stated benefits thereof.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: First Phosphate’s inability to integrate directly into the functions of certain major North American LFP Battery producers; First Phosphate’s inability to develop its land claims in the region of Saguenay-Lac-St-Jean, Quebec; First Phosphate inability to carry out its plans for the development of a LFP CAM manufacturing business in North America; First Phosphate’s inability to realize upon the anticipated benefits, terms, and timelines with respect to the MOU; First Phosphate’s inability to realize upon the MOU’s potential as significant first step in what First Phosphate expects to be a meaningful ongoing supply relationship with Sun Chemical; and that an agreement with Sun Chemical will not enable First Phosphate to secure a key and often overlooked material from a major local supplier for the future growth of First Phosphate’s industrial activities; and First Phosphate’s inability to realize upon the potential agreements with governmental and other entities, potential the development of partnerships, relationships, and customers, and the stated benefits thereof.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect First Phosphate’s expectations as of the date hereof and are subject to change thereafter. First Phosphate undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward- looking information, except as required by applicable law.

 

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