Emerging Growth Research Releases Flash Report on First Phosphate Corp.; Maintains Buy Rating, Price Target at C$4.94

NEW YORK CITY, NY / ACCESS Newswire / April 7, 2026 / Emerging Growth Research today released a Flash Report on First Phosphate Corp. (CSE:PHOS)(OTCQX:FRSPF), maintaining its Buy rating and keeping its 12-month price target at C$4.94 (previously C$4.93), representing approximately 420% upside from the current share price of C$0.95. The Flash Report covers the completion of a 40,000-meter drill programme at the Company's flagship Bégin-Lamarche Property in Quebec, a C$16.7 million non-repayable government contribution, and several other recent developments that strengthen the Company's path toward a Feasibility Study for battery-grade phosphate concentrate production by late 2026.