<p>Saguenay, Quebec - <a href="https://www.newsfilecorp.com/">Newsfile Corp.</a> - January 22, 2024 - First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that, on January 19, 2024, the Company closed the third and final tranche (the "Third Tranche") of the non-brokered private placement financing for gross proceeds of a minimum of $2,000,000 (the "Offering"), as further described in the Company's news releases dated December 14 and 22, 2023, and January 2, 2024.</p>