First Phosphate和Sun Chemical Corporation簽署諒解備忘錄,將在北美發展磷酸鐵鋰陰極活性材料制造業務

發佈于: 11 月 29, 2023

魁北克省薩格奈 – (Newsfile Corp. – 2023年11月29日)– First Phosphate Corp. (“First Phosphate”) (CSE PHOS) (OTC Pink: FRSPF) (FSE: KD0)和Sun Chemical Corporation (簡稱“Sun Chemical”)很高興宣布達成一項不具約束性的諒解備忘錄,開發用於制造磷酸鐵鋰陰極活性材料(LFP CAM)的中間體,以支持發展中的北美電池市場。

根據該協議,Sun Chemical將使用北美的合格設施,使用First phosphate及其合作夥伴提供的磷酸鹽材料生產磷酸鐵。

Sun Chemical是一家領先的無機顏料生產商,並利用北美和歐洲現有的當地工廠產能來支持電池材料市場。雙方將利用兩家公司的網絡,優先考慮Sun Chemical目前的氧化鐵前體制造能力和First Phosphate的磁鐵礦開采來源回收能力,研究在磷酸鐵和磷酸鐵鋰合成過程中使用的最佳鐵源。

通過合作,Sun Chemical和First Phosphate可能會開發一個美國能源部(DOE)的多方撥款申請,並結合First Phosphate潛在客戶的承諾承購。

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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