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Public market insider buying at First Phosphate (C:PHOS)

Updated Friday Jan 10, 2025 03:42 AM EDT

John Passalacqua, a Senior Officer, Director and 10% Holder, acquired 301,000 Common Shares on an indirect ownership basis for registered holder Shpirtrat Trust at prices ranging from $0.319 to $0.389 between January 6th, 2025 and January 9th, 2025. This represents a $100,303 investment into the company's shares and an account share holdings change of 2.4%.

Peter Nicholson, a Director, acquired 75,000 Common Shares on an indirect ownership basis for registered holder WCPD Inc. at prices ranging from $0.280 to $0.395 between January 6th, 2025 and January 9th, 2025. This represents a $23,375 investment into the company's shares and an account share holdings change of 4.6%.

Laurence Wayne Zeifman, a Director, acquired 10,000 Common Shares on an indirect ownership basis for registered holder Z Six Financial Corporation at prices ranging from $0.350 to $0.395 between January 8th, 2025 and January 9th, 2025. This represents a $3,725 investment into the company's shares and an account share holdings change of 0.2%.

First Phosphate is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

First Phosphate Corp. is a Canada-based mineral development company. The Company is engaged in extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (LFP) battery industry. It holds over 1,500 square kilometers (sq. km) of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada. Its properties consist of anorthosite igneous phosphate rock that generally yields high purity phosphate materially devoid of high concentrations of harmful elements. The Company's properties include Lac a l'Orignal, Begin - Lamarche, Bluesky Area, and Larouche. All the properties consist of a series of staked claims and claims acquired under various option agreements in the Saguenay-Lac-St-Jean region of Quebec. The claims are 100% owned by the Company and are free of net smelter royalties. These properties are in the exploration stage. First Phosphate Corp. (PHOS) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, three insiders have invested a total amount of $127,403.

INK Edge Outlook

CONDITIONS:
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6 months ago
1 year ago
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Mostly Sunny
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Go to First Phosphate Corp. (PHOS)'s company page

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