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Lao Central Bank Governor Urges Curbing Luxury Imports to Tackle Inflation

Laos Governor Urges National Assembly to Curb Luxury Imports as Measure to Tackle Inflation
FILE: This image is used only for representational purpose (photo: The Diplomat)

The Governor of the Bank of Lao PDR, Mr. Bounleua Sinxayvoravong, presented a bold proposal to the National Assembly, calling for stringent limitations on luxury imports as a key strategy to combat inflation in Laos.

National Assembly Wraps Up 5th Ordinary Session with Focus on Economic Development

Photo Credit: KPL

The National Assembly of Laos concluded its 5th Ordinary Session of the 9th Legislature on Tuesday, with key discussions centered around economic challenges and the introduction of new laws.

Laos Sees Slight Improvement in Global Ranking for Passports

The Lao passport currently stands in 87th position on a definitive list of the world’s most powerful passports, up slightly from last year’s ranking of 93. 

New Babycook Smart® by Béaba: Intelligent Culinary Expert connected to baby’s needs

A revolutionary product for new era parents

HONG KONG SAR – Media OutReach – 19 July 2023 – A Godsend for new parents! As new parents, your baby’s daily nutritional needs must be your primary concern. Their nutritional demands change according to their growth, and preparing suitable dishes for kids will be a big challenge for busy parents. Taking a nourishing and balanced diet is extremely important for children’s growth. Some busy parents may choose ready-made solutions as they lack recipe inspiration and preparation time. France’s No.1 parenting brand, Béaba, has launched its latest Babycook® Smart, an intelligent baby food maker to give you a hand in preparing your baby’s daily complementary feeding effortlessly!

Béaba Babycook® Smart

Béaba Babycook® Smart

Babycook®, the world’s first baby food maker, comes in 4 main functions, which are steaming and blending, reheating and defrosting. Loved by numerous celebrities such as actresses Cecilia Cheung Pak Chi, Angela Baby, Coffee Lam, and Yan Ng. One in every two parents using Béaba products in Europe, making the next generation of parents smart and efficient! You just need to download the Béaba & Me app from the App Store or Google Play and register as a member, your Babycook® Smart and Babycook® NÉO warranty can be extended up to 5 years!

Professional-grade Babycook Smart pairs with Béaba & Me App to creates personalized baby food recipes with Smart intelligence

Béaba has launched the new Babycook® Smart, an intelligent steaming and blending food maker that combines the features of Babycook® NÉO with the professional Smart intelligence of the Béaba & Me app. The app recommends daily recipes developed by French nutritionists & Asian moms. It customizes nutrition guides for your baby, such as food amounts, textures, potential allergens, and dietary habits. This 4-in-1 food maker, including steaming, blending, reheating, and defrosting functions, and five blending speeds, the Babycook® Smart prepares baby in 15 minutes. All you have to do is a few button pressing process and no further monitoring is required. This frees up parents’ hands while preparing nutritious, allergy-free, personalized, and cost-efficient homemade baby food.

When babies reach 4-6 months of age, you can start introducing solid foods, and they have high demands on food texture. However, it is not just about satisfying their taste buds, it is also about adapting to their oral development. It is essential for parents to attentively comprehend their baby’s developmental needs and offer suitable food textures at different stages, supporting the proper development of their baby’s swallowing and chewing abilities.

Babycook® is specifically designed for making baby and family food. Extremely user-friendly and efficient, it creates delicious baby food in just less than 15 minutes. Its texture adapts to the needs of babies, starting from runny, smooth puree, and then progressing to thicker, lumpy texture for baby to chew. With just one machine, you can get creative dishes, such as rice, congee, pasta, vegetable soup, sauces, steamed cakes, fruit purees, and desserts. Not only can you create jams, appetizers, and smoothies, you can also blend ingredients to a nourishing face mask by DIY!

What’s more? Babycook® Smart weights your food directly into the bowl with precise built-in scales that designed to save time and reduce mess when cooking!

New Béaba Babycook® Smart Baby Food Maker: An Intelligent Cooking Expert for Your Baby’s Needs

Béaba Babycook® Smart Baby Food Maker (RRP HKD3,999)

  • Color: Charcoal gray
  • Age range: 4 months or above
  • Capacity: 1,250 ml
  • High-quality materials: large glass bowl (1,250 ml), stainless steel tank and steaming basket (1,000ml) and Sabatier Diamant blade.

Babycook® Smart’s 4-in-1 food processor: steams, blends, defrosts and reheats. It provides homogenous and tailor-made blending according to the child’s age, with options for smooth, ground or chopped textures. The steam defrost function is a safe and effective way to defrost frozen food without affecting its nutrition and taste. To reheat, put frozen food out of the refrigerator and place it directly into the steaming basket, then press the steam button. The steam reheating function can quickly and easily reheat food.

  • Embedded intelligence: 50+ built-in recipes, automatic cooking time calculation and five blending speeds for a suitable texture, with a keep-warm function
  • Béaba & Me application: provides customized food and nutrition guidelines and suggestions based on the baby’s age, such as food amounts, textures, potential allergens, and dietary habits; collects recipes, creates recipes, provides new recipes every month, shopping lists, and more.
  • Easy to clean: with its auto-clean function.
  • The machine’s electronic screen is set to display in English/French/other European languages, the APP also provides a choice between Chinese and English, making it suitable for parents, grannies or helpers.

Video: www.youtube.com/watch?v=Zk9J10-McSY

Hashtag: #Béaba #BeabaBabycook #Babyfoodmaker #Homemadebabyfood #SmartBabyfoodmaker #Healthybabyfood #Babyfoodrecipes #Complementaryfeeding #Babyfood #Babyblender #BabycookSmart #BabycookNEO #Nutrition #Parenting #Babyproducts #Babygear #Babyessentials #Béaba&Me #Frenchnutritionists #Asianmoms #Safeandhealthy #Easytoclean #Ergonomicdesign #RedCastle #Childhome #Suavinex #Babyshopping #Babyboutique #Babybrands


The issuer is solely responsible for the content of this announcement.

About Béaba

BÉABA is known worldwide for its unique ability to create innovative products for the baby care industry with a focus on design and technology. Since 1989, the company’s mission is to listen to what parents want, ensuring that safety, functionality and ergonomics are at the forefront of every baby item created. In 2012, BÉABA began acquiring other babycare brands and formed the BÉABA group. Today, the BÉABA group consists of four high-quality brands: BÉABA, RED CASTLE, CHILDHOME, and SUAVINEX.

BÉABA
Website:
Facebook:
Instagram:
Tel: +852 3690 2590

Sales Points:
Physical Stores – Mothercare, Citistore, Sogo, Mothercourt, Jakewell, Baby Sophie, amie at copain, Yoho, Rainbow Care Centre, Fortress, Baby Powder, Yaya Baby In Progress, Sogo, New Yaohan
Online Stores – , , , , , , , , , , , , , , , , ,

Belgian Premium Baby Furniture & Product Brand CHILDHOME Launches New EVOSIT Adjustable High Chair: From Infancy to Adulthood in One Chair

HONG KONG SAR – Media OutReach – 19 July 2023 – Childhome is a premium baby furniture and products brand from Belgium. The minimalist Nordic design interprets elegant aesthetic taste through minimalist patterns. It helps new parents easily adapt to baby care while providing the utmost safety and comprehensive care for babies so that they can live their lives with peace of mind.

One of Childhome’s most iconic products is the Evolutive High Chair. We all know that proper nutrition and good eating habits have a significant impact on a baby’s development. Therefore, Childhome children’s grow chairs are designed to allow both babies and parents to enjoy mealtimes easier. Childhome proudly presents the latest addition to their lineup – the EVOSIT Adjustable High Chair, designed to make mealtimes convenient and comfortable, allowing babies and parents to enjoy a touch of whimsical delight during mealtime. Watch your child play with spoons, trains, teddy bears, or anything that brings joy. Encourage them to sit calmly at the table and engage with family members. The EVOSIT High Chair invites you to embrace mealtime magic, where endless fun and cherished memories await!

Creation of a Warm and Harmonious Home Decor

“Connecting with Nature” is the philosophy behind the EVOSIT high chair. The design incorporates harmony and balance while combining aesthetics and practicality to provide a more comfortable dining experience for babies.

The high chair uses high-quality beech wood as a stable structure. It has a smooth contour and shows high quality and exquisite craftsmanship after meticulous polishing. Additionally, the high chair uses a concealed screw & bolt design that blends perfectly into the entire design without compromising the aesthetics of the furniture, enhancing the harmony of the home decor.

The EVOSIT High Chair has a diverse, eye-catching, and trendy color selection. In addition to the basic natural oak, grey, black, and white, Childhome has added the most trendy hues for the 2023 interior design – terracotta and mint green, giving the home a more personalized style and charm with an infinite appeal.

Functionality and Craftsmanship

The EVOSIT high chair’s seat and footrest can be quickly adjusted with a just a press of button without tools. The chair is equipped with a thoughtful five-point safety harness which provides more comprehensive protection compared to a traditional three-point safety harness. It can properly secure the baby’s shoulders, waist, and legs, while allowing them to move freely in the seat. This design not only provides better protection but also lets babies enjoy mealtimes more comfortably. In addition, the chair comes with a dining tray and guardrail that can be removed or used together according to the baby’s developmental needs at each stage. Parents can adjust the different seat and footrest heights to help the baby develop good sitting posture habits. Babies can sit on their thrones to engage in various activities, greatly increasing functionality and practicality.

A Throne That Grows with The Baby

Suitable for babies and adults of all ages, from newborn through adulthood. The minimalist Nordic design suits every family and integrates into any home. The 6 colours, natural wood, grey, black, white, mint and terracotta are made of high-quality beech wood. You can pair it with different cute and comfortable seat cushions or newborn seat chairs.

The chair enlarge the sitting area provides ample space for the baby to stretch and move so that children can sit comfortably. Now parents and children can enjoy mealtimes together with ease and cherish precious time together.

The EVOSIT high chair has a spacious and comfortable interior space that provides ample room for the baby to stretch while achieving an appropriate balance between safety and activity. Smooth edges avoid scratching on the delicate skin. The wooden footrests allow babies to develop good sitting posture. Little one can enjoy meal time safely and comfortably with parents to share precious quality time together. They have a seat cushion specifically designed for for Evosit. Parents can also choose their universal cute cushions like the teddy or bunny , allowing parents to choose a seat cushion for the baby and add a different touch to the throne.

In addition, the high chair can be used in combination with the newborn recliner chair from birth to six months. The soft cushion and five-point safety harness of the recliner chair can protect the baby while allowing them to explore the world more safely and comfortably. Parents can also gently twist the buttons to adjust the recliner’s tilt for easy interaction with the baby. The high chair can also be matched with various accessories, from newborn recliner chairs to learning table chairs, game table chairs, etc., to help babies embark on a healthy and enriching journey through life. The EVOSIT high chair is a highly versatile product that can accompany babies from the beginning and provide them with the best dining experience and space to learn and grow.

Video: www.youtube.com/watch?v=SFVy9vlFjl4

Product Introduction

Childhome EVOSIT Adjustable High Chair HKD1,699

  • 6 colours to choose from: Natural Oak, Gray, Black, White, Mint Green and Terracotta. Made from high-quality oak wood.
  • Maximum load: High chair 15 kg, regular chair 85 kg
  • Standard accessories: 5-point safety harness, foot barrier and dining tray (all removable)

Optional accessories sold separately: Seat cushion and newborn seat

  • Size: 53 x 45 x 86cm

Dining tray size: 36cm (W) x 17cm (D)

Dining tray height from ground level: 72.5cm

Seat size: 43cm (W) x 23cm (D)

Adjustable seat height: 56cm, 52.5cm, 49cm

Footrest size: 43cm (W) x 26cm (D)

Adjustable footrest height: 41cm, 37cm, 33.5cm, 29.5cm and 26cm

Ground space: 45cm x 60cm

  • Multi-stage high chair

Adjust the seat and footrest to different heights according to the baby’s developmental needs at each stage, suitable for sitting and dining comfortably from 6 months to adulthood

  • Safe and comfortable

The high chair is equipped with a 5-point safety harness, foot barrier and dining tray to provide maximum protection and a safe dining place for the baby

  • Suitable for the whole family

Designed for 6 months to adults. You can use the EVOSIT as a high chair for children with a maximum load of 15 kg or as a regular chair for adults with a maximum load of 85 kg.

  • Comfortable seat cushion

Change to different cute seat cushion styles to make your baby feel comfortable and stable.

  • Safety-focused design

Pay attention to every detail of the design, carefully hiding each screw and bolt to highlight the elegant lines of the chair and showcase its aesthetic appeal.

  • Chair back handle design

Allows you to move the chair quickly and easily.

Hashtag: #Childhome #babyfurniture #Belgianbrand #EVOSIT #AdjustableHighChair #mealtimes #Nordicdesign #minimalist #safety #comfort #beechwood #homedecor #terracotta #functionality #craftsmanship #safetyharness #newbornreclinerchair #versatileproduct #learningtablechairs #gametablechairs #seatcushion #newborncushion


The issuer is solely responsible for the content of this announcement.

About Childhome

Originating in 1985, Childhome began with a Belgian family creating a loving growth environment for their babies. Until now, Childhome has successfully created a nursery that is stylish, safe and comfortable, as well as meeting the needs of babies exploring outdoors.

“Create simple and stylish products for new generation parents” is our brand concept. We hope all parents can enjoy every moment with their babies. Now, let Childhome add colour & design ideas to your lives!

Childhome
HKTVmall:
Facebook:
Instagram:
Hotline: +852 3690 2590
Sales points:
Physical stores – Mothercare, Citistore, Sogo, New Yaohan, Baby In Progress
Online stores – , , , , , , , , , , ,

NeezaNizam Honoured With Prestigious Industry Award, Celebrating Sales Performance

SINGAPORE – Media OutReach – 19 July 2023 – NeezaNizam is thrilled to announce that it has been honoured with the esteemed Top Transactor Award for 2022 at the PropNex Leaders & Achievers Gala, held recently in April 2023 at The Ritz-Carlton, Millenia Singapore. This award is in recognition of NeezaNizam’s continued achievements as a leading housing agent in Singapore and reflects the team’s dedication to excellence in the real estate industry.

The Transactor Award recognises and celebrates the top 5% of PropNex’s agents in Singapore, in regards to overall sales performance. PropNex is currently the largest listed local real estate company in the country, with over 12,000 agents under it, including NeezaNizam. The gala, which is held annually, serves as a platform for Propnex to recognise the top-performing salespersons, as well as real estate agents who have demonstrated exemplary leadership.

“Nothing matters without the support of family, friends and our team. More importantly, the trust given by our clients that we are worthy of being part of their property journeys that brought us to where we are today”, stated Nizam Adli, the Team Manager in PropNex Realty and part of the team behind NeezaNizam alongside Neeza Ali. “This award serves as a strong reminder to keep adding value to no matter who we serve as clients.”

NeezaNizam was established with a vision to help homeowners maximise the value of their assets and properties, from new residential launches and HDB (Housing & Development Board) upgrading to resale private property transactions in the luxury market. NeezaNizam has since extended their services to become the one-stop-shop for people looking to upgrade from HDB to EC (Executive Condominium). With a combined experience of over 22 years, Nizam Adli and Neeza Ali have extensive knowledge of the local housing market and its ever-changing policies, rules, and regulations. NeezaNizam has utilised this knowledge to develop the Systematic Savings Plan, which empowers clients with generating their wealth through strategic real estate investments.

NeezaNizam is committed to providing value to their clients in their real estate journeys, and this award is a testament to the company’s systemic approach to home ownership, real estate investments, and wealth management. As the company grows, NeezaNizam is looking forward to expanding their team and serving clients with understanding and empathy.

For more information, please visit https://www.neezanizam.com/.

Hashtag: #NeezaNizam #RealEstate

The issuer is solely responsible for the content of this announcement.

Captiva Verde Wellness to Acquire a Professional Sports Team

Proposed acquisition expected to expand Captiva’s health and wellness platform

Coquitlam, British Columbia – Newsfile Corp. – July 18, 2023 – Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) (the “Company” or “Captiva“) is pleased to announce that it has signed a binding letter of intent (the “Letter of Intent“) dated effective July 18, 2023, with respect to the proposed acquisition of a professional sports franchise.

Summary of the Transaction

The Transaction, which is an arm’s length transaction, is expected to close in the coming several weeks and the details of the team and vendor will be released. As consideration(the “Consideration“) for the 100% of equity interest of, as well as assignments of the vendors’ shareholder loans, Captiva will: (i) issue 60,000,000 common shares of Captiva (the “Consideration Shares“); and (ii) pay US$1,500,000 cash, all on the closing of the Transaction (the “Closing“). The Consideration Shares will be issued at a deemed price to be determined at Closing, subject to compliance with the policies of the Canadian Securities Exchange (the “CSE“). Following completion of the Transaction, it is anticipated that the current shareholders of the vendor will hold approximately 17% of Captiva’s common shares on a non-dilutive basis. The Consideration is subject to a post-closing working capital adjustment provision. Under this provision, the parties will adjust the purchase price to offset any increase or decrease of the net working capital as of the closing date.

Jeff Ciachurski, CEO of Captiva states: “We are deeply honoured and committed to enter into an agreement to acquire a professional sports team as an addition to our infrastructure health and wellness platform. The problem has long been the general public has always had difficulty investing into fast growing new sport franchises, yet the success of a public company owning a sports franchise is well documented all having enterprise value build-ups through the democratization of investing into a sports franchise public company. This adds several years of additional growth for the Captiva Wellness shareholders.”

About the Transaction

Captiva does not expect the Transaction to constitute a “Fundamental Change” or “Change of Business” under the policies of the CSE.

The Letter of Intent sets out certain terms and conditions pursuant to which the Transaction will be completed. The Transaction remains subject to certain closing conditions including, without limitation, (a) the completion of customary due diligence; (b) the negotiation and execution of a definitive agreement; (c) the closing of Private Placement (as hereinafter defined); and (d) the receipt of all required regulatory and third-party approvals. There can be no guarantees that the Transaction will be completed as contemplated or at all.

All Consideration Shares issued in the Transaction will be issued under prospectus exemptions pursuant to National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators (“NI 45-106“). Captiva expects to issue the Consideration Shares under section 2.11 of NI 45-106 and provided that certain statutory conditions are satisfied, such shares are not expected to be subject to any resale restrictions under applicable Canadian securities laws.

In connection with the closing of the Transaction, Captiva expects to appoint a nominee of the vendor to its board of directors and to adopt an equity compensation plan with a restricted share unit component.

There is no finder’s fee payable in connection with the Transaction.

Update on Private Placement

Further to the Company’s news releases dated April 28, 2023 (the “Private Placement News Releases“), the Company expects to close its private placement (the “Private Placement“) in the near term. As disclosed in the Private Placement News Releases, the net proceeds of the private placement are expected to be used for general working capital purposes and as a reserve for possible future acquisitions, including the Transaction.

The Private Placement is a unit offering (collectively, the “Units” and individually a “Unit“). Each Unit is priced at $0.032 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder thereof to acquire one common share (a “Warrant Share“) at a price of $0.05 for a period of five years following the closing of the Private Placement.

The Company will increase the size of the Private Placement from 80,000,000 units to 90,000,000 units for gross proceeds of $2,880,000.

On Behalf of the Board of Directors
“Jeff Ciachurski”
Jeffrey Ciachurski
Chief Executive Officer and Director
Cell: (949) 903-5906
E-mail: westernwind@shaw.ca

Neither Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities laws and United States securities laws (together, “forward-looking statements”). All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expansion of Captiva’s health and wellness platform, the percentage of shares the current shareholders of the vendor will hold post-closing of the Transaction on a non-dilutive basis, the categorization of the Transaction for the purposes of CSE policies, the growth in the size of the global sports market, the resale restrictions on the Consideration Shares, the appointment to Captiva’s board of directors, the adoption of an equity compensation plan with a restricted stock unit component, and the closing date of the Private Placement.

Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget”, “propose” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. These include assumptions regarding, among other things: general business and economic conditions. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include those described under the heading “Risks and Uncertainties” in the Company’s most recently filed MD&A (a copy of which is available under the Company’s SEDAR profile at www.sedar.com). The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

The issuer is solely responsible for the content of this announcement.

First Phosphate Enters into MOU with NorFalco, a Division of Glencore Canada, to Secure Supply of Sulfuric Acid

Saguenay, Quebec – Newsfile Corp. – July 18, 2023 – First Phosphate Corp. (CSE PHOS) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce the signing of a non-binding memorandum of understanding (“MOU”) with NorFalco Sales (“NorFalco”), a division of Glencore Canada Corporation, on July 17, 2023, to secure supply of sulfuric acid for its future industrial facilities in Saguenay-Lac-St-Jean, Quebec.

Under the terms of the MOU, and subject to the parties entering into a mutually agreeable definitive sulfuric acid supply agreement, First Phosphate agrees that NorFalco will supply the sulfuric acid required for First Phosphate’s future phosphoric acid and other industrial facilities located in Quebec, Canada. The companies will continue to work together over the term of the MOU, aiming towards a definitive supply agreement.

“We are pleased to have the support of NorFalco, Canada’s largest supplier and an industry leader in the marketing and distribution of sulfuric acid,” states First Phosphate CEO, John Passalacqua. “This agreement is a significant first step in what we expect to be a meaningful ongoing supply relationship. An agreement with NorFalco secures a key and often overlooked raw material from a major local supplier for the future development and growth of First Phosphate’s industrial activities.”

As previously announced, First Phosphate is pursuing the sustainable development of a phosphoric acid facility anticipated at Port of Saguenay, Quebec together with partner Prayon Technologies SA of Belgium. Sulfuric acid is a key input in the production of phosphoric acid. The phosphoric acid plant will be a key pillar in the development of a localized LFP battery supply chain in North America.

About First Phosphate Corp.
First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, at full ESG standard and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.

About NorFalco
NorFalco is one of North America’s largest merchant marketers of sulfuric acid. NorFalco markets acid production from three major North American production facilities which forms part of Glencore’s global sulfuric acid supply and trading network. Additionally, NorFalco has third-party offtake agreements with several producers outside of the Glencore group. NorFalco’s fully integrated distribution network, composed of rail cars, trucks, barges, vessels, storage tanks, trans-load terminals and import terminals, is one the most expansive sulfuric acid networks in North America. These production, marketing, and distribution strengths help ensure reliability to a diverse range of consumers across many different industries. NorFalco is a Responsible Care® company with the Chemistry Industry Association of Canada. NorFalco is committed to delivering “More than H2SO4 “. This means delivering customer solutions that make it easy to order, receive and use sulfuric acid in a safe and reliable manner.

For additional information, please contact:
Peter Kent, President
peter@firstphosphate.com
Tel: +1 (647) 707-1943
Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statements
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company’s commitment to producing high purity phosphate materials at full ESG standard under a lowcarbon footprint; the Company’s plans to integrate directly into the functions of certain major North American LFP Battery producers; the Company’s proposed development of its land claims in the region of Saguenay-Lac-St-Jean, Quebec; the anticipated benefits, terms, and timelines with respect to the MOU, including, that the parties will be working together over the term of the MOU towards the execution of a definitive agreement, that NorFalco will supply the sulfuric acid required for the Company’s future phosphoric acid and other industrial facilities located in Quebec, Canada; that the agreement is a significant first step in what the Company expects to be a meaningful ongoing supply relationship with NorFalco; and that an agreement with NorFalco would enable the Company to secure a key and often overlooked raw material from a major local supplier for the future growth of the Company’s industrial activities.

Forward-looking information in this press release are based on certain assumptions and expected future events, namely: the Company’s ability to producing high purity phosphate materials at full ESG standard under a lowcarbon footprint; the Company’s ability to integrate directly into the functions of certain major North American LFP Battery producers; the Company’s ability to develop its land claims in the region of Saguenay-Lac-St-Jean, Quebec; the Company having the ability to realize upon the anticipated benefits, terms, and timelines with respect to the MOU, including, that the parties will be working together over the term of the MOU towards the execution of a definitive agreement, that NorFalco will supply the sulfuric acid required for the Company’s future phosphoric acid and other industrial facilities located in Quebec, Canada; that the Company will have the ability to realize upon the MOU’s potential as significant first step in what the Company expects to be a meaningful ongoing supply relationship with NorFalco; and that an agreement with NorFalco will enable the Company to secure a key and often overlooked raw material from a major local supplier for the future growth of the Company’s industrial activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to produce high purity phosphate materials at full ESG standard under a lowcarbon footprint; the Company’s inability to integrate directly into the functions of certain major North American LFP Battery producers; the Company’s inability to develop its land claims in the region of Saguenay-Lac-St-Jean, Quebec; the Company’s inability to realize upon the anticipated benefits, terms, and timelines with respect to the MOU, including, that the parties will be working together over the term of the MOU towards the execution of a definitive agreement, that NorFalco will supply the sulfuric acid required for the Company’s future phosphoric acid and other industrial facilities located in Quebec, Canada; the Company’s inability to realize upon the MOU’s potential as significant first step in what the Company expects to be a meaningful ongoing supply relationship with NorFalco; and that an agreement with NorFalco will not enable the Company to secure a key and often overlooked raw material from a major local supplier for the future growth of the Company’s industrial activities.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of newinformation, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward- looking information, except as required by applicable law.

The issuer is solely responsible for the content of this announcement.