First Phosphate Corp. (TSE:PHOS) has released an update.
First Phosphate CEO John Passalacqua has increased his stake in the company with the recent open market acquisition of 366,500 shares, now holding 18.82% of outstanding shares on a non-diluted basis. This move underscores his long-term commitment to the company, as he signals the potential for further transactions depending on market conditions. His current control includes a mix of common shares, incentive stock options, and warrants, positioning him as a significant investor in First Phosphate’s future.
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