First Phosphate Corp. (CSE:PHOS) announced that its shares are now trading on the OTCQB Venture Market under the ticker 'FRSPF' and are eligible for electronic clearing and settlement in the US through the Depository Trust Company (DTC).
The company said it expects these milestones are expected to enhance liquidity and simplify trading for US investors.
The OTCQB provides transparency and accessibility for early-stage companies, while DTC eligibility facilitates faster electronic clearing and settlement, broadening access for investors and brokers.
First Phosphate is a mineral development company focused on producing high-purity phosphate for the lithium iron phosphate (LFP) battery industry, with a commitment to sustainability and a low carbon footprint.
The company owns the Bégin-Lamarche property in Quebec, known for its rare anorthosite phosphate rock, and aims to integrate directly into North American LFP battery supply chains.