First Phosphate Corp. (TSE:PHOS) has released an update.
First Phosphate Corp. insiders, including the Chairman and CEO, have recently increased their stakes in the company, purchasing shares on the open market, signaling confidence in the company’s value. The company, which focuses on phosphate extraction for lithium iron phosphate (LFP) battery production, is preparing a preliminary economic assessment for its Bégin-Lamarche property in Quebec, following a completed drill program. Their leadership’s compensation is largely stock-based, aligning with the company’s growth and investment preservation strategy.
For further insights into TSE:PHOS stock, check out TipRanks’ Stock Analysis page.
