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Fertoz ( (AU:CP8) ) has issued an update.
Canadian Phosphate Ltd has appointed a three-person strategic advisory team, bringing a combined 65 years of phosphate industry experience in geology, processing, plant development and operations, to accelerate its mine-to-market strategy across its Wapiti and Fernie phosphate projects in Canada. The new advisers – geologist Nathan Schmidt, phosphate process specialist Marten Walters and manufacturing and operations expert Cory Avison – will support work towards updated mineral resource estimates, metallurgical studies and project development, as the company advances permitting for its Wapiti exploration drilling program and a bulk sample at Fernie, underpinned by a recent $2 million capital raising aimed at de-risking and scaling its planned supply to fertilizer and LFP battery markets.
More about Fertoz
Canadian Phosphate Ltd (ASX: CP8) is a North America-focused explorer and developer of sedimentary rock phosphate projects in Canada, targeting supply into both fertilizer markets, where phosphate is critical for global food security, and the growing lithium iron phosphate (LFP) battery sector.
YTD Price Performance: 13.33%
Average Trading Volume: 157,504
Technical Sentiment Signal: Hold
Current Market Cap: A$29.47M
For a thorough assessment of CP8 stock, go to TipRanks’ Stock Analysis page.