First Phosphate (OTCQX: FPHOY) announced international investment support and offtake agreements under the Critical Minerals Resilience and Production Alliance at the G7 Summit.
The company received LOIs including an EIFO guarantee of up to C$275M and support from Italian institutions, plus signed definitive offtakes for 200,000 tpa phosphate concentrate and 60,000 tpa phosphoric acid.
First Phosphate (OTCQX:FPHOY) launched a sponsored Level 1 American Depositary Receipt (ADR) program trading on OTCQX under symbol FPHOY effective February 12, 2026, at a ratio of 10 common shares per ADR. The Bank of New York Mellon is depositary bank.
The company received an initial offtake payment of USD $523,017.59, recorded option exercises by a director-controlled entity, and authorized RSU grants totalling 1,975,000 to board, management and staff; 781,395 RSUs were issued to ExpoWorld to cashlessly settle terminated options.