First Phosphate announces proposed €170M backing from Danish Export Credit Agency for Quebec project

First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) has announced that it has received a non-binding letter of intent from Denmark's export credit agency, EIFO, for a potential guarantee of up to €170 million tied to its proposed igneous phosphate mining project in Quebec. The Canadian company said the financing support would be directed toward equipment and service purchases for its project in the Saguenay–Lac-Saint-Jean region.