First Phosphate Corp. reports that its board and management will ring the Nasdaq Opening Bell at the Nasdaq Market Site in Times Square on August 13, 2026, to celebrate its recent listing on the Nasdaq Global Market. The company describes itself as a mineral exploration, development and clean technology business focused on building and reshoring a vertically integrated mine-to-market supply chain for lithium iron phosphate (LFP) batteries in North America. Target end markets include energy storage, data centers, robotics, mobility and national security, supported by its high-purity igneous phosphate resource at the Bégin-Lamarche property in Québec.
First Phosphate Corp. reports that its American Depositary Receipts will be uplisted to the Nasdaq Global Market as a Level 2 ADR under ticker symbol PHOS, effective at the opening of trading on August 10, 2026. The ADR ratio remains at ten common shares for each one ADR.
On August 10, 2026, the company’s Level 1 ADRs will be delisted from the OTCQX market and automatically converted into Level 2 ADRs that trade on Nasdaq. The uplisting does not affect the company’s existing listings of common shares on the OTCQX (FRSPF), the CSE (PHOS), or the FSE (KD0).
Holders may continue to convert First Phosphate common shares into ADRs at no cost until December 31, 2026 through The Bank of New York Mellon, the depositary bank. The company states that this Level 2 ADR program does not constitute a new offering, and that no additional shares are being issued nor capital raised in connection with the uplisting.