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Mining

First Phosphate closes third tranche of private placement, raising C$3.07M

First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF) closed the third tranche of its non-brokered private placement on December 12, raising C$3.07 million through 2.6 million Flow-Through Shares and 808,000 Hard Dollar Units.

Across three tranches, the Offering generated C$6.64M.

Since June 2022, the company has raised about C$46.7M through 10 management-led private placements.