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Rising Infrastructure Theft Cause for Alarm in Laos

One of the accused men demonstrates how he climbed up the power poll to steal the equipment. | Photo credit: Laopost

Vientiane Police managed to detain a wounded man who tried to cut an electric cable in Vientiane’s Hatsaifong District. Local Police in Bolikhamxay also nabbed three men trying to steal essential equipment from a power pole.

Black Friday and trading: OctaFX presents the results of its client survey

KUALA LUMPUR, MALAYSIA – Media OutReach – 29 November 2022 – This Black Friday, OctaFX decided to research traders’ attitudes towards the shopping season, as well as their trading patterns during this period. The global broker asked its clients all the most important questions.

The shopping season is not the same for all of us. For some, it’s a great opportunity to buy gifts for their loved ones. For some, a chance to boost their sales with well-crafted marketing campaigns. What does the season mean for traders? How do they regard the discount offers? Do they shop much? Does Black Friday affect their trading? If yes, in what way? OctaFX conducted a survey to learn exactly that.

Black Friday shopping: traders approach

More than 1100 respondents from over 60 countries took part in the survey in the beginning of November 2022. What is their opinion on Black Friday deals? Are they worth it? How many of them make spontaneous purchases? Here are the answers.

  • More than 70 per cent of traders find Black Friday deals good value, while only slightly more than 20 per cent never buy anything during this season.
  • 77.9 per cent of traders compare the prices before and during Black Friday with varying frequency, highlighting the prevalence of an analytical mindset common among professional investors.
  • Most respondents buy one or two items using Black Friday discounts, while more than half spend on those items more than they usually spend.
  • Electronics, clothing, and household appliances are the three most popular types of products that traders buy during the Black Friday period, with the majority of them doing their shopping online.
  • 56.7 per cent tend to make spontaneous, emotional purchases, while 43.3 per cent claim that they don’t. Still, even professional traders make those purchases. After all, we all should treat ourselves from time to time.
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Black Friday trading: common patterns among traders

72.7 per cent of traders trade more in the financial markets on Black Friday. The Financial Market Analyst, Kar Yong, expressed his opinion on why that is the case, taking into account the seasonality factor of the U.S. stock market. “Between 20th November to 6th December calculated over the past 15 years, the S&P 500 Index rose on average almost 3% and had an astonishing winning strike of 86%.” The expert continued, “This is an opportunity to take advantage of the two-way nature of CFD trades, where one can look into the specific stocks such as Lowe’s Companies which rose on average by 7.45%, and UnitedHealth Group is another stock to be monitored too.”

The majority of traders prefer to trade currency pairs, with commodities and crypto being in the top three, while stocks and stock indices enjoy less popularity.

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Trading experience & the shopping experience

The survey conducted by OctaFX showed, among other things, several ways that the trading experience affects the Black Friday shopping experience and, possibly, the everyday lives of traders.

Those with a lot of experience in trading more often don’t buy anything on Black Friday, but those who do, buy more products during this period than less experienced investors.

While the majority of survey respondents compare and analyse the prices before and during Black Friday, those with the most experience most often do it always. This leads to the conclusion that trading experience is related to using analytical skills in real life.

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Another finding from the survey was that those with less trading experience make spontaneous purchases more often. However, the level of experience does not directly affect the behaviour characterised by emotional purchases since all traders still make them.

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The survey results also pointed out that more experienced traders tend to buy more media products, such as e-books and subscription services, usually associated with self-education and personal development.

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The final finding was that the more experienced investors preferred trading currency instruments during the Black Friday season, while those with less experience favoured cryptocurrencies and stocks.

With experience in trading, there comes analytical thinking, the desire for self-development and a general understanding of how the financial markets work. Nevertheless, trading is not all about charts, financial instruments, and exchanges. It’s about the special investor mindset that affects how traders make their everyday life decisions, be it shopping on Black Friday or long-term goals and plans.

In conclusion, while the shopping season is a period when we make perhaps the most emotional purchases, it is important to have a clear head and develop the cold, analytical mindset that experienced traders can boast of.

Hashtag: #OctaFX

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

About OctaFX

is a global broker providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 150 countries with more than 12 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities and small to medium enterprises.

On a side note, OctaFX has also won more than 50 awards since its foundation, including the 2021 ‘Best ECN Broker’ award from World Finance and the 2022 ‘Best Global Broker Asia’ award from International Business Magazine.

British Council unveils global Alumni UK network at its Going Global Asia Pacific conference

Aims to be the largest global network connecting alumni who have studied at a UK university

SINGAPORE – Media OutReach – 29 November 2022 – The British Council today announced the official global launch of Alumni UK, a global network of international UK higher education alumni, at the opening reception of its Going Global Asia Pacific 2022 conference in Singapore. The British Council is hosting the first regional edition of its flagship global higher education conference in Singapore while also commemorating 75 years of its presence in the city-state.

All international UK alumni who have spent at least one term studying at a UK higher education institution, including transnational education and online learning, are invited to join the global Alumni UK network where registration is free: https://alumniuk.britishcouncil.org/register.

By joining Alumni UK, individuals can grow their professional networks and connect with people living in every corner of the world who have studied at a UK university. In addition to building professional connections, the network aims to bring people together to collaborate on tackling global challenges. Being part of the free Alumni UK exclusive network also offers access to events and training hosted locally, regionally and globally. Alumni will regularly have opportunities to learn from senior leaders and industry experts. By being a part of the Alumni UK network, people can celebrate their mutual connection to the UK and also continue to improve their English language skills.

The Alumni UK network was inaugurated by H.E. Kara Owen, British High Commissioner to Singapore, Maddalaine Ansell, Director of Education, British Council, and Lucy Watkins, Regional Director East Asia, British Council. The launch took place at Eden Hall, the official residence of the British High Commissioner to Singapore and was attended by more than 300 invitees including Sir Steve Smith, the UK Government International Education Champion, prominent UK higher education alumni from across the Asia-Pacific region and senior higher education leaders who are attendees at this year’s Going Global Asia Pacific conference.

Maddalaine Ansell, Director of Education, British Council, said: “The British Council is proud of our long history of building relationships with international alumni of UK universities. Our Alumni UK network ensures that wherever in the world they are, they can remain connected to the UK and to other alumni. We are ambitious for Alumni UK to become a vibrant community offering alumni opportunities for professional development, networking and collaboration.”

H. E. Kara Owen, British High Commissioner to Singapore, added: “The UK is a top global study destination with more than 600,000 international students who choose to pursue their higher education qualifications in our excellent universities. I’m proud to say that UK alumni are among the most employable graduates globally. More than 1 in 4 countries in the world has a Head of State or of Government who was educated in the UK. The launch of this global network is a call for all UK alumni to join us as we build an international community to connect people who have gone through similar university experiences, and who can mentor, support and empower each other.”

Since its soft launch in February 2022, 8,000 international UK higher education alumni have expressed their interest in joining Alumni UK from over 100 countries.

In February 2023, the British Council will host its first Alumni UK online festival, bringing together thousands of international UK higher education alumni to take part in a series of professional development events and activities across a two-week period.

Throughout next year the British Council will also deliver exclusive alumni engagement events in countries around the world including Brazil, China, Egypt, France, Germany, India, Indonesia, Malaysia, Mexico, Nigeria, Pakistan, Saudi Arabia, Turkey, UAE and Vietnam.

More details about Alumni UK are available at: https://alumniuk.britishcouncil.org/.

Notes to Editors
Select UK alumni and British Council spokespeople are available for interviews upon request.

Presentation slides and images from the Going Global Asia Pacific 2022 are also available upon request.

For more information on the Going Global Asia Pacific conference please visit: https://www.britishcouncil.sg/events/going-global-asia-pacific-conference-2022

Hashtag: #BritishCouncil #AlumniUK

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

About the British Council

The British Council is the UK’s international organisation for cultural relations and educational opportunities. We support peace and prosperity by building connections, understanding and trust between people in the UK and countries worldwide. We do this through our work in arts and culture, education and the English language. We work with people in over 200 countries and territories and are on the ground in more than 100 countries. In 2021–22 we reached 650 million people.

Neuberger Berman Approved To Begin Onshore Mutual Fund Business Operations In China

HONG KONG SAR – Media OutReach – 29 November 2022 – Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the firm has received approval from the China Securities Regulatory Commission (CSRC) to begin operations managing local currency mutual funds for domestic Chinese clients. Neuberger Berman is the second global institution to receive final approval to launch a wholly owned, newly established mutual fund business.

“We are honored to now be able to broadly serve Chinese investors in local markets, as we have operated in other important global markets over our 85-year history. Our long-term investment performance and ESG leadership were at the core of our mutual fund company application and will enable us to be a positive force for Chinese investors, issuers, markets and the global community,” said Patrick Liu, CEO of Neuberger Berman Fund Management (China) Limited.

Mr. Liu further said: “We are honored to be the second global asset manager approved to begin our mutual fund business operations in China. China is the world’s second largest capital market and the country’s commitment to opening up to high-quality financial services will bring significant opportunities for local investors.”

Neuberger Berman has been expanding its Shanghai-based professional team including, most recently, adding Michelle Wei. Ms. Wei, who joined in October 2022, has been driving the Fund Management Company’s strategic planning and in 2023 will assume the role of Chief Investment Officer – Equities of the FMC, spearheading the development of investment strategy, managing the equity research team, providing supervision to the investment process, and overseeing asset allocation and risk management across equity portfolios.

Apart from the appointment of Michelle Wei, Neuberger Berman recently made other senior appointments in Asia and in China. Charles Nguyen, Managing Director, Public Equities ESG Investing, will be relocating from New York to Shanghai to lead Neuberger Berman’s ESG efforts across Asia. In July 2022, the firm appointed Edward Fang as Head of ESG Research for the FMC. The local platform also includes fixed income and quantitative strategies led by long-tenured Neuberger Berman portfolio managers Peter Ru and Ping Zhou, respectively.

All information is as of June 30, 2022 unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history/timeline includes the history of all firm subsidiaries, including predecessor entities and acquisitions.

This material is being issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications for the specific entities and jurisdictional limitations and restrictions.

The “Neuberger Berman” name and logo are registered service marks of Neuberger Berman Group LLC.

© 2022 Neuberger Berman Group LLC. All rights reserved.
Hashtag: #NeubergerBerman

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

Chubb’s Day of Service Returns On-site in Asia Pacific

SINGAPORE – Media OutReach – 29 November 2022 – Chubb’s annual Regional Day of Service (RDS) took place during the week of 7 – 11 November 2022, marking the 10th year that employees have been making a difference in communities across Asia Pacific.

Outreach programs continued to focus on meeting the essential needs of communities and increasing educational opportunities for underprivileged children.

Greater level of community engagement with the return of in-person activities

All 10 participating countries and territories have included on-site activities in their plans, and more than 460 employees have since participated in RDS this year. For many of our volunteers, this is the first time since 2020 that they were able to interact in-person with beneficiaries.

Paul McNamee, Regional President for Chubb in Asia Pacific, shared: “This year, Chubb marks a decade of giving back to communities in the region through our regional day of service. Since the beginning, all outreach activities are completely led and executed by our employees. Their can-do spirit and unwavering commitment to communities where we live, work and serve have made our regional day of service a success. I am truly grateful to all Chubb employees for their passion and contributions to RDS.”

Brad Bennett, Chief Operating Officer Chubb Life, added: “Over the years, we have seen RDS evolve to better serve our communities. For instance, the focus on meeting essential needs of communities and virtual elements in outreach programs were a response to the Covid-19 pandemic. This year, the majority of RDS activities were conducted on-site, and this has been welcomed by our employee volunteers. While the format of our day of service may change over time, the commitment to our communities remain constant as we look forward to the continued success of RDS.”

Diverse Range of Activities Addressing the Needs of Communities

RDS was conducted this year in Hong Kong SAR, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.

Outreach activities included events such as a river clean-up, educational field trips, financial literacy workshops, fund-raising campaigns, and the donation of IT equipment, school supplies, and other necessities.

Regional Day of Service Highlights

Hong Kong SAR

Employee volunteers in Hong Kong packed over 800kg of rice into smaller bags for distribution to the elderly and families supported by St. James Settlement. Chubb staff also accompanied 20 underprivileged children from the organization to the Hoi Ha Wan Marine Life Centre, where they learned about ocean conservation and took part in a guided cruise on a glass-bottom boat.

In addition, staff volunteers from Chubb and DBS, a strategic partner and leading financial services group, worked together to conduct a series of financial literacy workshops for over 200 secondary-level students from five schools in collaboration with Junior Achievement Hong Kong. This program also marks the fifth year of partnership with DBS.

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Volunteers from Chubb and DBS coaching students at a financial literacy workshop

Indonesia

Chubb’s life and general insurance operations worked together to hold their first on-site RDS event in two years at the SOS Children’s Village in Jakarta. The company donated essential items including a water filtration system to provide clean water for more than 80 children and caregivers living in the community, waste sorting bins for every house, and health supplements for children. In addition, a series of fun and interactive activities were organized to allow for greater engagement between volunteers and the beneficiaries.

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Volunteers decorating waste sorting bins that were donated to the SOS Children’s Village in Jakarta

Korea

In Korea, 68 employees came together to build 75 sets of braille calendar and braille number playing cards for visually impaired children. These were distributed together with financial education audiobooks produced by Chubb to care facilities and schools for the visually impaired across the country through the Child Fund Korea.

By providing these braille kits and audiobooks, the company hopes to improve the braille literacy rate and provide access to financial education for visually impaired children.

Malaysia

Volunteers from Malaysia will be bringing children from Yayasan Sunbeams Home to visit The Acre by Farm Fresh and learn about sustainable farming in January 2023.

New Zealand

Employees from New Zealand turned up in full force for Chubb’s day of service. In addition to clearing and cleaning a donated warehouse space and setting up sorting stations, volunteers also sorted donated items including shoes, clothing, hygiene products and toys, before packing them into 200 gift boxes. These will go towards the 5,000 Christmas gift boxes that Catalytic Foundation will be distributing to underprivileged children.

By setting up the venue for collecting and sorting donated items, Chubb has helped made it easier for multiple organizations to continue this great work and running their own charity days at the venue in support of the Catalytic Foundation.

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Employees in New Zealand putting together 200 Christmas gift boxes for underprivileged children

Philippines

In the Philippines, 150 staff volunteers from Chubb’s Business Services unit worked together to assemble and deliver 1,460 packs of school supplies to Maybunga Elementary School, which serves a less affluent community in Pasig City. These were presented to all students from grades three to six. Employees from Chubb’s general insurance operation also worked with Fostering Education & Environment for Development (FEED) to plant trees at the Sinoloan Laguna.

Singapore

Chubb continued to help low-income families supported by Beyond Social Services (BSS). A virtual donation drive raised over $39,000, which was used to purchase festive hampers that will be distributed by staff volunteers to more than 420 families in time for the end-year holidays. Funds will also be used to provide 800 homecooked meals under the Project Masak-lah! program by BSS. During the school holidays in late November, volunteers also organized a fun-filled science workshop for 60 primary school children supported by BSS.

Taiwan

The life and general insurance operations in Taiwan worked together on a series of initiatives in support of Alang Pulan Village, a rural indigenous community in Ren’ai Township. Twelve sets of used computers were donated to Qin’Ai Elementary School, providing students with access to digital technology. Volunteers also organized a financial literacy camp for about 70 students, where they were introduced to the concept of insurance and its importance through interactive games and activities.

To help drive economic development in the area, Chubb sponsored a rice field that supported the preservation of the Ina Valley Glutinous Rice, a unique variety of rice with significant cultural relevance to the local community. Over 60 employees took part in the harvesting ceremony together with local farmers. In addition, a painting competition was held at the rice field for students of Qin’Ai Elementary School to learn more about the Ina Valley Glutinous Rice.

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Students from Qin’Ai Elementary School taking part in a painting competition held at the rice field

Thailand

Chubb’s general insurance operation organized an educational day trip for 100 middle-school students from Prongmadua Wittiyakom School to Don Hoi Lot, a sandbar in the Samut Songkhram province. Volunteers and students went on boat rides to learn about the mangrove ecosystem and helped remove garbage from the river. Employees also set up six game stations where the children took part in fun activities and learned about the 3Rs of waste management – reduce, reuse and recycle.

In addition, a series of activities was organized to raise awareness about plastic pollution among employees. These include simple quiz games, sharing of ideas from employees to reduce global warming, and a donation drive to collect pre-owned items for the Luang Ta Noi Foundation.

Employee volunteers from Chubb’s life insurance operation also accompanied 50 elementary school students supported by the Teach for Thailand Foundation on a visit to the Mangrove Forest Resources Education and Development Center.

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Video of volunteers and students on a field trip to Don Hoi Lot in Thailand

Vietnam

Chubb will be contributing to the Vietnam Children’s Protection Fund to help children who lost their parents to the Covid-19 pandemic, and employees have been invited to craft messages of encouragement for these children.

Hashtag: #Chubb

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

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide.

Additional information can be found at: .

VectorBuilder Won First Prize in Major Innovation Competition

Chicago, IL – News Direct – 29 November 2022 – VectorBuilder Inc. – a global leader in gene delivery technologies – announced that its R&D and manufacturing center in Guangzhou won championship in the 7th “Chuangke Innovation and Entrepreneurship Global Competition” held in Hangzhou, China.

This influential and highly competitive contest is one of the largest in China, covering growth-stage enterprises across all high-tech industries including green energy, new materials, artificial intelligence, information technology, smart manufacturing, biotechnology, etc. This year, over 37,000 high-tech companies competed, more than any other year. The judges awarded VectorBuilder the highest score for its “transformative innovations in gene delivery technologies that drove its rapid ascension as an industry leader.”

VectorBuilder provides gene delivery solutions for both basic research and clinical needs including CGT. It offers a full spectrum of CRO, CDMO, and IP out-licensing services. A highlight of VectorBuilder is its innovative e-commerce platform that enables researchers to easily design and order custom vectors online. This platform is quickly gaining popularity among researchers and has propelled VectorBuilder to expand rapidly into a wide range of gene delivery services. Thus far, VectorBuilder has provided CRO and CDMO services to thousands of academic institutions and biotech/pharma companies in over 80 countries.

“It is a great honor to win the top place in this big competition,” Dr. Bruce Lahn, VectorBuilder’s chief scientist, commented, “We will continue to drive ourselves to develop innovative me-best and me-only products in the gene delivery space to empower life sciences research and genetic medicine around the world.”

Dr. Kristofer Mussar, VectorBuilder’s COO, added “The culture at VectorBuilder is to inspire every team member to think creatively and outside the box to develop optimal solutions for our customers. Being recognized as the most inventive, not only in our sector, but amongst all emergent technologies is truly remarkable, though perhaps not entirely unexpected.”

Contact Details
VectorBuilder Inc.
VectorBuilder PR
+1 800-517-2189
outreach@vectorbuilder.com

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

About VectorBuilder Inc.

VectorBuilder is a global leader in gene delivery technologies. As a trusted partner in thousands of labs and biotech/pharma companies around the world, VectorBuilder is the one-stop shop for the design, development and optimization of gene delivery solutions from basic research to clinical applications. Its award-winning Vector Design Studio is a transformative innovation that allows researchers to easily design and order custom vectors online, freeing them from the tedious work of cloning and packaging vectors in the lab. The global company boasts high-throughput vector production capacity, vast vector and component inventories, one-on-one CRO solutions including advanced AAV capsid engineering capabilities, and state-of-the-art GMP facilities. Its CGT products have won IND approvals from regulatory authorities including the FDA. With leading R&D and CDMO manufacturing capacity, the VectorBuilder team strives to provide the most effective gene delivery tools and solutions for life sciences research and genetic medicine.

First Phosphate Announces $2,000,000 Non-Brokered Private Placement and Filing of The Lac à l’Orignal Phosphate Project Technical Report

Saguenay, Quebec – Newsfile Corp. – November 28, 2022 – First Phosphate Corp. (“First Phosphate” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to $2,000,000 (the “Offering”) or such greater amount as the Corporation may determine.

The Company intends to raise gross proceeds of up to $1,000,000 from the issuance of up to 2,500,000 flow-through units (“FT Units”) at a price of $0.40 per FT Unit. Each FT Unit will consist of one flow-through common share in the capital of the Company (the “FT Shares”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”) exercisable for one non-flow-through common share in the capital of the Company (a “Share”) at a price of $0.50 until December 31, 2025. The FT Shares will qualify as a “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada).

The Company also intends to raise gross proceeds of up to $1,000,000 from the issuance of up to 2,857,142 hard dollar units (“HD Units”) at a price of $0.35 per unit. Each HD Unit will consist of one Share and one half of one common share purchase warrant (each whole warrant, a “Warrant”) exercisable for one additional Share at a price of $0.50 until December 31, 2025.

The Company can elect to accelerate the expiry date of the Warrants in the event that the volume-weighted average trading price of the Shares on any recognized stock exchange equals or exceeds $0.80 for any five (5) consecutive trading days, in which case the Warrants will expire thirty (30) days after the date that the Company issues a press release triggering the acceleration.

The gross proceeds from the issuance of FT Units will be used to incur “Canadian exploration expenses” that are “flow-through mining expenditures” (as such terms are defined in the Income Tax Act (Canada)) related to the Company’s mineral exploration projects, primarily for drilling at the Company’s Lac à l’Orignal and Bégin-Lamarche properties in Quebec. The proceeds from the issuance of HD Units will be used for general corporate purposes.

The Offering is expected to close on or about December 9, 2022, or such other date or dates as may be determined by the Company. Closing may be completed in one or more tranches as the Company may determine. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that the Offering will be completed, whether in whole or in part.

All securities issued under the Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws. Furthermore, the Shares underlying the FT Units and the HD Units shall be subject to a contractual lock-up, with 25% released upon the Company being listed for trading on any recognized stock exchange (the “Listing Date”), and additional releases of 25% on each of the 4, 8, and 12 months following the Listing Date.

In connection with the Offering, eligible finders will receive (a) a cash commission equal to 8% of the gross proceeds raised from subscribers to the Offering who were introduced by such finder, and (b) such number of non-transferrable finder warrants (“Finder Warrants”) as is equivalent to 8% of the number of FT Units and/or HD Units, as applicable, issued to such subscribers. Each Finder Warrant will entitle the holder thereof to purchase one Share at a price of $0.50 until December 31, 2025, subject to the same acceleration provisions of the Warrants.

The securities issued pursuant to the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements of the 1933 Act, and applicable state securities laws.

Technical Report

Further to First Phosphate’s press release dated November 15, 2022, the Company is pleased to announce that it has filed on SEDAR an independent technical report and mineral resource estimate titled “Technical Report and Initial Mineral Resource Estimate of the Lac Orignal Phosphate Property, Saguenay-Lac-Saint-Jean Region, Northern Quėbec” effective October 3, 2022 and dated November 17, 2022 (the “Technical Report”) for the Lac à l’Orignal Phosphate deposit. The Technical Report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and supports the disclosure made by the Company in its November 15, 2022 news release announcing the mineral resource estimate. There are no material differences in the Technical Report from the information as disclosed in the Company’s November 15, 2022 news release. The Technical Report is available for download under the Company’s profile on SEDAR (www.sedar.com). A copy of the Technical Report is also located on the Company’s website.

Related Party Transaction

Certain directors, officers and insiders of the Company intend to subscribe for FT Units or HD Units in the Offering. The participation of such insiders in the Offering constitutes “related party transactions” as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 under sections 5.5(a), 5.5(c), 5.7(1)(b) of MI 61-101 as the Company is not listed on a specified market; the securities are being purchased for cash, the fair market value of the securities being purchased will not exceed 25% of the Company’s market capitalization and the securities being purchased will not have fair market value more than $2,500,000. The Company did not file a material change report related to the Offering more than 21 days before the expected closing of the Offering as required by MI 61-101, as the Company requires the consideration it will receive in connection with the Offering immediately for working capital purposes.

For additional information, please contact:
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 anticipated timing of the closing of the Offering; and the anticipated use of proceeds from the Offering; the receipt of required approvals.

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 complete the Offering and/or utilize the use of proceeds on the terms and within the timelines anticipated or at all; and the Company’s inability to obtain the required approvals to complete the Offering on the proposed terms and timeline or at all.

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 new information, 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.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

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

About First Phosphate Corp.

First Phosphate is a mineral exploration and development company fully dedicated to extracting and refining titanium and advanced phosphate 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 integrate directly into the research & development and supply chain functions of major North American LFP Battery producers that require battery grade phosphate material that emanates from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of total land claims in the Saguenay Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous rock formation that generally yields high purity titanium oxide and phosphate concentrate devoid of high concentrations of deleterious heavy metals.

International Graphite talks opening of Collie graphite pilot processing plant

Melbourne, Victoria – News Direct – 29 November 2022 –

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International Graphite Ltd (ASX:IG6) Phil Hearse speaks with Proactive following the official opening last week of its new graphite pilot plant processing facility – one of the first in Australia. International Graphite is the only graphite company implementing a complete mine-to-market strategy in WA by developing the Springdale Graphite Project, near Ravensthorpe on the state’s south coast, to supply graphite concentrate to the Collie downstream processing operation.
Hashtag: #InternationalGraphite

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