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First Phosphate Announces Intention to Complete $1,000,000 Non-Brokered Private Placement


Saguenay, Quebec – Newsfile Corp. – December 18, 2024 – First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company”) is pleased to announce a non-brokered private placement (the “Proposed Offering“) for gross proceeds of a minimum of $1 million.

The Proposed Offering is anticipated to consist of any combination of:

  • Flow-through shares of the Company (“Flow-Through Shares“) at a price of $0.35 per share (“Flow-Through Offering“) ; and
  • Hard dollar units of the Company (“Hard Dollar Unit“) at a price of $0.35 per Hard Dollar Unit (the “Hard Dollar Unit Offering“), with each Hard Dollar Unit comprised of: (i) one common share in the capital of the Company (“Common Share“), and (ii) one half of one Common Share purchase warrant (“Warrant“) with each whole Warrant exercisable for one Common Share at a price of $0.50 per Common Share until December 31, 2025, subject to an Accelerated Expiry Date (as defined below).

The gross proceeds from the Flow-Through Offering 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 Corporation’s projects in Québec. The net proceeds received from the Hard Dollar Unit Offering will be used for exploration and development activities, working capital and for general corporate purposes.

The Proposed Offering is expected to close, in one or more tranches, on or before December 31, 2024, or such other date or dates as may be determined by the Company.

All securities issued under the Proposed Offering will be subject to a four-month and one day statutory hold period in accordance with applicable securities laws.

In connection with the Proposed Offering, eligible finders will be paid: (i) a fee consisting of 8%, in cash, of the gross proceeds raised from subscribers introduced by them, and (ii) such number of compensation warrants (“Compensation Warrants“) as is equivalent to 8% of the number of Hard Dollar Units or Flow-Through Shares issued to subscribers introduced by them. Each Compensation Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.50 per share until December 31, 2025, provided that if the volume weighted average trading price of the Common Shares on the CSE for any 5 consecutive trading days equals or exceeds $0.80, the Corporation may, upon issuing a press release, accelerate the expiry date of the Compensation Warrants to the date that is 30 days following the date of such press release (“Accelerated Expiry Date“). The Corporation reserves the right to pay cash finders’ fees on the Flow-Through Offering in common shares of the Corporation rather than cash (“Compensation Shares“) issued at the Flow-Through Offering issue price.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities 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 state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Completion of the Proposed Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that the Proposed Offering will be completed, whether in whole or in part.

About First Phosphate Corp.
First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) 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, in a responsible manner 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 is owner and developer of the Bégin-Lamarche Property in Saguenay-Lac-St-Jean, Quebec, Canada that consists of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of harmful concentrations of deleterious elements.

For additional information, please contact:
Bennett Kurtz
Chief Financial Officer
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

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

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Forward-Looking Information and Cautionary Statements
This news release contains certain statements and information that may be considered “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; the Company’s plans for vertical integration into North American supply chains; the minimum gross proceeds of $1,000,000; the use of proceeds from the Proposed Offering; the terms of the Proposed Offering, including, the issuance of any securities, the closing date, and the receipt of all necessary approvals.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company’s public disclosure record including the short form base prospectus dated June 5, 2024, as well as: the receipt of all necessary approvals and the Company’s ability to raise the minimum gross proceeds of $1,000,000.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian and United States securities authorities, including without limitation the “Risk Factors” section of the Company’s Management Discussion and Analysis dated October 21, 2024 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

CKS Spreads Christmas Cheer at Hope Centre Singapore with CSR Activity


SINGAPORE – Media OutReach Newswire – 19 December 2024 – In the spirit of giving and togetherness, CKS Property Consultants, a property valuation company in Singapore, participated in a heartwarming Christmas celebration at Hope Centre Singapore on 6th December 2024.

CKS

A Day of Joy and Bonding

Hope Centre Singapore is a non-profit voluntary welfare organisation established in 1997. Held at the Centre’s location at 806 King George’s Avenue, the Corporate Social Responsibility (CSR) event saw 30 youths and 30 seniors take part in various engaging activities, supported by CKS staff and the Centre’s volunteers. The participants were divided into groups to enjoy customised activities for youths and seniors. Highlights included lively group games, Christmas craft-making sessions, and a spirited round of BINGO. To foster a sense of community and fun, competitions were held to showcase the best craft creations, with prizes awarded to the winners.

Adding a sweet touch to the day, CKS sponsored cupcakes for all attendees, further spreading festive cheer. Seniors also enjoyed a relaxed get-together, sharing conversations and laughter with the volunteers.

Supporting a Worthy Cause

As part of the community engagement programme, CKS pledged $3,000 to sponsor Christmas gifts for 30 children and to support Hope Centre Singapore’s ongoing programmes. The advance Christmas gifts were a memorable highlight for the youths, who received presents of their choice.

“This event was deeply fulfilling for all of us at CKS. It strengthened our team bonds and reminded us of the importance of enhancing the well-being of the community,” said Ednas Wong, Associate Director of the company.

Impact and Reflections

The event was a success, not only in spreading holiday joy but also in reinforcing CKS’s dedication to making a difference in the community. The interactions with seniors highlighted the importance of giving time and attention to those in need, while the youth activities inspired a spirit of creativity and camaraderie.

“By engaging with individuals from all walks of life, we aim to promote inclusivity and kindness, building strong connections within the community. We look forward to organising more meaningful initiatives in the future,” said Ednas Wong, Associate Director of the company.

What’s Next

CKS aims to continue its efforts in giving back to society with future CSR outreach programmes. Plans include involving staff members’ families in upcoming initiatives to further extend the reach of meaningful activities.

How to Support Hope Centre Singapore

For those who missed the event but wish to contribute, Hope Centre Singapore welcomes volunteers and donations to support its programmes. Donations received between 9 November 2024 and 31 January 2025 will directly fund the Bread and Bursary With Love programme for the next 2-3 years.

For more details about supporting the non-profit organisation, visit Hope Centre Singapore’s website.
Hashtag: #Volunteersanddonations #CSR #Christmascelebration #Non-profitvoluntarywelfareorganisation #Community #Well-being

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

About CKS Property Consultants

Formerly known as Cheong Koon Seng Auctioneers & Valuers, CKS Property Consultants specialises in and estate agency services in Singapore. The valuation team at CKS Property Consultants consists of licensed valuers accredited by the Singapore Institute of Surveyors and Valuers (SISV). Collectively, the team brings over 100 years of combined experience in property valuation.

Profiting from the crypto boom: Octa broker’s guide to leveraged trading


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 December 2024 – With Bitcoin going through the roof in 2024 and the entire crypto market showing substantial growth, retail investors’ interest in this asset class also peaked. But how best to profit from the changes occurring in the crypto market and what avenues of investment to choose? The experts at Octa, a broker with globally recognised licences, offer a rundown of leveraged crypto trading, one of the most accessible ways to put the crypto hype train to use.

Octa

The expanding cryptocurrency landscape is largely driven by increased adoption, incremental changes in regulation, and ever-growing institutional interest. Given that, the sudden peak in Bitcoin’s price in 2024 was caused by the results of the U.S. presidential elections rather than long-term and well-established trends, experts claim.

Whatever their reason, intense price fluctuations invariably cause increased market activity. Traders use all means at their disposal to use this window of opportunity—and here are two of the most popular ones.

One goal, many paths
Cryptocurrencies are in high demand as a tradable instrument. Of the many crypto trading options on offer, two seem the least challenging and, therefore, most attractive for less experienced traders: trading cryptocurrencies via contracts for difference (CFD) and doing it using a crypto exchange.

Crypto CFDs are typically traded through financial brokers, enabling traders to access larger positions with limited capital. This approach increases trading potential but also amplifies the associated risks. In contrast, trading on crypto exchanges involves the actual ownership of digital assets, which comes with additional requirements for asset management and security.

Crypto exchanges
Crypto exchange users buy and sell digital instruments directly, storing the obtained assets in their e-wallets. When trading via crypto exchanges, gains and losses are based directly on tradable assets’ price fluctuations when trading via crypto exchanges. However, this method has its caveats since it typically involves dealing with various fees depending on the platform’s rules. On top of that, traders expose themselves to additional risks associated with digital asset storage.

While owning cryptocurrencies provides greater flexibility in managing digital assets, it also adds complexity to the process. Additionally, it significantly restricts opportunities to profit from falling markets, potentially impacting long-term strategies and overall returns.

Trading crypto using CFDs
Contracts for difference (CFDs) are financial instruments that allow traders to profit from an asset’s price movements without owning it. Instead, traders enter into an agreement with a broker to exchange the difference between the contract’s opening and closing prices.

With CFDs, traders can avoid any extra efforts related to maintaining personal e-wallets, ensuring the safety of personal data, and managing their transactions. Instead, brokers facilitate trading by minimising risks and offering more accessible pricing.

It is worth noting that digital platforms used for CFD trading are usually straightforward and user-friendly, which makes it easier for retail traders to track and respond to market movements.

Leverage: CFD trading augmented
Brokers with CFD assets on offer usually provide a number of leverage options, allowing to control a more significant position with a smaller sum. Leverage has its pros and cons. It can boost the trading process rather than guarantee gains. While it magnifies the profits, it proportionately increases the losses, so traders should be careful with it and use it with risk management tools.

Trading crypto via CFDs allows to benefit from market ups and downs, fully tapping into the potential of the hottest asset type to date. With time and continuous learning, trading crypto can become a consistent source of supplementary income to cover everyday expenses and progress towards long-term financial goals.
Hashtag: #Octa

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

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

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.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Lexus Drives into Its Fifth Year as The Official Automotive Partner of The HSBC Women’s World Championship 2025


SINGAPORE – Media OutReach Newswire – 19 December 2024 – Lexus proudly announces its fifth consecutive year as the official automotive partner of the HSBC Women’s World Championship (HWWC) 2025, reaffirming its commitment to sustainability by partnering with organisations that share its vision for a greener future. The 72-hole stroke play tournament, one of Asia’s most anticipated golf events, returns to Singapore for its 17th edition from 27 February to 2 March 2025.

HSBC Women's World Championship (HWWC) 2025

The tournament will once again be held at Tanjong Course at Sentosa Golf Club, which is recognised as one of the world’s most sustainable golf clubs as it was crowned “Asia’s Best Eco-Friendly Golf Facility” at the 2024 World Golf Awards. With a goal of achieving net-zero emission by 2040, the club has fully transitioned to a fleet of environmentally friendly lithium-ion battery-powered golf carts. This commitment aligns with Lexus’ goal of achieving carbon neutrality by 2030 as Lexus shifts towards electrification at scale by providing a range of electrified vehicles suited for the various needs of luxury customers while minimising waste through its recycling efforts.

The championship welcomes back 2024 champion Hannah Green, alongside other world-class female golfers and golf enthusiasts worldwide. Green is set to defend her title this year after edging out France’s Celine Boutier by one stroke to become the second Australian ever to capture this prestigious victory. Green closed with a final-round 67, making three birdies in the last three holes to clinch her fourth LPGA title.

In the spirit of the game and in keeping with Lexus’ commitment to the Takumi craftsmanship, Lexus will bring back the Hole-In-One award for the HWWC’s tournament players to celebrate their pursuit of excellence, which is the same dedication to detail that defines Lexus. Players will stand a chance to win the all-electric Lexus RZ450e Luxury SUV that features cutting-edge DIRECT4 drive-force technology, a newly developed eAxle, and a water-cooled lithium-ion battery, making it a perfect fit with the tournament’s commitment to sustainability.

“We’re proud to be the official automotive partner of the HWWC tournament for the fifth year,” said Preston Tan, Vice President of Lexus Asia. “Golf is a sport that embodies discipline, precision, and the pursuit of excellence, as players continuously strive to refine and elevate their skills. These principles resonate deeply with Lexus’ commitment to constantly improve and our high regard for craftsmanship to deliver amazing experiences. With exciting event highlights every season, we hope to see a rise of younger audiences.”

At the HWWC tournament, attendees can enjoy a range of fun and engaging activities at the Lexus booth over at the tournament fan village. Participants can look forward to winning exciting prizes at the booth.

Lexus, a dedicated supporter of the golfing sport, will continue to build upon the legacy of the HWWC by expanding access to golfing events for its customers across Asia via the Lexus Cup regional competition.

To stay connected for more information and follow the tournament news, please visit http://lexusasia.com/golf/hsbc-womens-world-championship. For more information on the HSBC Women’s World Championship 2025 and how to buy tickets and participate in the event, please visit the official tournament website at https://www.hsbcgolf.com/womens/tickets.

Hashtag: #Lexus

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

ABOUT LEXUS

Lexus launched in 1989 with a flagship sedan and a guest experience that helped define the premium automotive industry. In 1998, Lexus introduced the luxury crossover category with the launch of the Lexus RX. The luxury hybrid sales leader, Lexus delivered the world’s first luxury hybrid and has since sold over 2.66 million hybrid vehicles including HEVs, PHEVs, and BEVs. (as of the end of August 2023)

A global luxury automotive brand with an unwavering commitment to bold, uncompromising design, exceptional craftsmanship, and exhilarating performance, Lexus has developed its lineup to meet the needs of the next generation of global luxury guests and is currently available in over 90 countries/regions worldwide.

Lexus associates/team members across the world are dedicated to crafting amazing experiences that are uniquely Lexus, and that excite and change the world.

Osome Reports Over 25% Revenue Growth, Driven by Product Demand and Increased Customer Engagement, Sets 2025 Roadmap for Sustainable Growth

  • Osome’s NPS has nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty.
  • CAC improved by 35% in the past six months through optimized spending and effective utilization of attribution channels, driving growth in both demand generation and lead generation.
  • Osome strengthens its leadership team with the appointment of William Chong, as CFO, to drive financial strategy and performance.
  • Looking ahead to 2025, Osome is expanding its team with key roles in software engineering, sales, product, partnerships, and R&D across Asia.
  • The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025.
  • By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners such as Aspire.
  • Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies.

HONG KONG SAR – Media OutReach Newswire – 19 December 2024 – Osome, the all-in-one fintech platform for business and financial management, today announced strong 25% revenue growth y-o-y and significant progress in operational efficiency, customer service, and bottom-line performance. The company also unveiled ambitious 2025 growth plans, focusing on product innovation, market expansion, and a clear path to profitability.

2024 operational efficiencies drive 2025 growth, deeper market penetration and customer focus
Osome has achieved over 25% y-o-y revenue growth and a 60% improvement in annualized EBITDA, reflecting efficiency gains and strong business momentum. The company has also reduced customer acquisition costs (CAC) by 35% through optimized spending and effective use of attribution channels, driving growth in both demand and lead generation.

“Osome is poised for significant growth in 2025. We’ve made meaningful strides in simplifying company incorporation and accounting, focusing on product innovation, operational efficiency, and improving the customer experience. While we’ve faced challenges, we are committed to evolving and improving, and delivering value to our customers. The numbers show we’re on the right path. In 2025, we will invest further in R&D, strengthen our presence in Singapore and Hong Kong, and drive long-term value through marketing and strategic partnerships,” said Victor Lysenko, CEO and Founder of Osome.
Notably, Osome’s Net Promoter Score (NPS) nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty.
In 2025, Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies. The company also plans to further invest in Chinese-language features and dedicated customer support, ensuring seamless access for Chinese-speaking entrepreneurs and SMEs and supporting their business expansion overseas. This initiative underscores Osome’s commitment to providing localized solutions that meet the diverse needs of its global customer base.

To support this vision, Osome has strengthened its leadership team with the appointment of seasoned industry veteran William Chong as CFO, effective November 2024. William will oversee financial strategy, drive performance, and identify growth opportunities. Prior to Osome, he served as Financial Director at Glints.
Product updates and 2025 roadmap: simplifying business and finance management
In 2024, Osome introduced two key features to simplify business setup and to strengthen the customer experience.

  1. Streamlined incorporation: Reduced setup time to as little as one day with a transparent, step-by-step process for signing, KYC, and status checking on the Osome platform, with optional expert support.
  1. Enhanced mobile app: Improved navigation, intuitive features, and a clearer document upload process. Customers can track bookkeeping, filing events, and upcoming deadlines, with in-app chat support for added accessibility.
Looking ahead to 2025, Osome will continue investing in research and development to further enhance its products and user experience. By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners like Aspire, the all-in-one finance platform for modern business. This will provide seamless access to local and global multicurrency accounts, saving time and reducing complexity for entrepreneurs, especially those incorporating businesses remotely.

Osome remain focused on enabling customers to complete their business and finance workflows, with intuitive tools and seamless automation, and access to dedicated experts. These experts will continue to provide end-to-end support for compliance, onboarding, and post-incorporation services, including tax advice, accounting, and bookkeeping.

Double down on brand marketing and partnerships in 2025

In 2025, Osome will strengthen its brand marketing and strategic partnerships to expand reach and impact. The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025. Osome will also partner with influencers and affiliate networks to drive brand awareness and customer acquisition. These partnerships will simplify financial services access, particularly for customers seeking efficient bank account setup and scalable financial solutions.

2025: Sustainable growth and team expansion across Asia

From 2022 to 2023, Singapore has seen steady growth in company incorporations, with around 40,000 to 50,000 new company registrations annually, driven by the expansion of the tech, fintech, and digital economy sectors, supported by increasing foreign company registrations and the rise of digital and innovative industries.

“As these sectors thrive, Osome in Hong Kong is well-positioned to tap into the growing opportunities in incorporations, driving sustainable growth through strategic investments in product innovation, market expansion, and enhanced customer experiences,” said Tong Ip, Managing Director and Chief Customer Officer of Osome.

Looking to 2025, Osome will expand its team across engineering, sales, product, partnerships, and R&D across Asia to support its next phase of sustainable growth. By driving operational efficiencies, launching innovative product features, enhancing customer experience, and forming strategic partnerships, Osome aims to accelerate sustainable growth across key markets. This approach will deliver seamless, scalable solutions that empower entrepreneurs and SMEs to achieve long-term success.

To date, Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over $5.6 billion in value. In May 2024, Osome announced it had raised $17M in Series B extension, reinforcing its commitment to driving sustainable growth and innovation.

Hashtag: #osome #business #technology #fintech


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

About Osome

Osome was founded to champion entrepreneurs and empower SMEs, helping them bring their ideas to life by simplifying and streamlining the essential processes that drive their businesses forward.

Osome is an all-in-one fintech platform that simplifies business and financial management for entrepreneurs and SMEs. By combining advanced technology with trusted expert support, Osome offers seamless business and finance solutions for incorporations, bookkeeping, payroll, accounting, and auditing —all accessible through a single platform and mobile app. Designed to innovate, automate and simplify complex processes for entrepreneurs and SMEs, Osome empowers businesses to focus on growth while staying in control of their finances.

Features like Osome’s Streamlined Incorporation allow anyone, anywhere in the world, to incorporate their company in as little as one day. Founded in 2017 and headquartered in Singapore, Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over $5.6 billion in value.

For more information, please visit .

Osome Reports Over 25% Revenue Growth, Driven by Product and Operational Progress, Sets 2025 Roadmap for Sustainable Growth

  • Osome’s NPS has nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty.
  • CAC improved by 35% in the past six months through optimized spending and effective utilization of attribution channels, driving growth in both demand generation and lead generation.
  • Osome strengthens its leadership team with the appointment of William Chong, as CFO, to drive financial strategy and performance.
  • Looking ahead to 2025, Osome is expanding its team with key roles in engineering, sales, product, partnerships, and R&D across Asia.
  • The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025.
  • By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners such as Aspire.
  • Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies.

SINGAPORE – Media OutReach Newswire – 19 December 2024 – Osome, the all-in-one fintech platform for business and financial management, today announced strong 25% revenue growth y-o-y and significant progress in operational efficiency, customer service, and bottom-line performance. The company also unveiled ambitious 2025 growth plans, focusing on product innovation, market expansion, and a clear path to profitability.

2024 operational efficiencies drive 2025 growth, deeper market penetration and customer focus

Osome has achieved over 25% y-o-y revenue growth and a 60% improvement in annualized EBITDA, reflecting efficiency gains and strong business momentum. The company has also made further progress toward profitability, reducing customer acquisition costs (CAC) by 35% through optimized spending and effective use of attribution channels, driving growth in both demand and lead generation.

“Osome is poised for significant growth in 2025. We’ve made meaningful strides in simplifying company incorporation and accounting, focusing on product innovation, operational efficiency, and improving the customer experience. While we’ve faced challenges, we are committed to evolving and improving, and delivering value to our customers. The numbers show we’re on the right path. In 2025, we will invest further in R&D, strengthen our presence in Singapore and Hong Kong, and drive long-term value through marketing and strategic partnerships,” said Victor Lysenko, CEO and Founder of Osome.

Notably, Osome’s Net Promoter Score (NPS) nearly tripled q-o-q, reflecting significant improvements in customer satisfaction and loyalty.

In 2025, Osome will strengthen its presence in Singapore and Hong Kong, with tailored solutions and support for startup entrepreneurs, SMEs, and consultancies. The company also plans to further invest in Chinese-language features and dedicated customer support, ensuring seamless access for Chinese-speaking entrepreneurs and SMEs and supporting their business expansion overseas. This initiative underscores Osome’s commitment to inclusivity and providing localized solutions that meet the diverse needs of its global customer base.

To support this vision, Osome has strengthened its leadership team with the appointment of seasoned industry veteran William Chong as CFO, effective November 2024. William will oversee financial strategy, drive performance, and identify growth opportunities. Prior to Osome, he served as Financial Director at Glints.

Product updates and 2025 roadmap: simplifying business and finance management

In 2024, Osome introduced two key features to simplify business setup and to strengthen the customer experience.

  1. Streamlined incorporation: Reduced setup time to as little as one day with a transparent, step-by-step process for signing, KYC, and status checking on the Osome platform, with optional expert support.
  1. Enhanced mobile app: Improved navigation, intuitive features, and a clearer document upload process. Customers can track bookkeeping, filing events, and upcoming deadlines, with in-app chat support for added accessibility.

Looking ahead to 2025, Osome will continue investing in research and development to further enhance its products and user experience. By Q1, Osome will be launching a feature to simplify bank account opening for incorporation customers, in collaboration with partners like Aspire, the all-in-one finance platform for modern business. This will provide seamless access to local and global multicurrency accounts, saving time and reducing complexity for entrepreneurs, especially those incorporating businesses remotely.

Osome remain focused on enabling customers to complete their business and finance workflows, with intuitive tools and seamless automation, and access to dedicated experts. These experts will continue to provide end-to-end support for compliance, onboarding, and post-incorporation services, including tax advice, accounting, and bookkeeping.

Double down on brand marketing and partnerships in 2025

In 2025, Osome will strengthen its brand marketing and strategic partnerships to expand reach and impact. The company will deepen collaborations with leading global fintech partners such as Airwallex to drive brand marketing and product innovation in 2025. Osome will also partner with influencers and affiliate networks to drive brand awareness and customer acquisition. These partnerships will simplify financial services access, particularly for customers seeking efficient bank account setup and scalable financial solutions.

2025: Sustainable growth and team expansion across Asia

From 2022 to 2023, Singapore has seen steady growth in company incorporations, with around 40,000 to 50,000 new company registrations annually, driven by the expansion of the tech, fintech, and digital economy sectors, supported by increasing foreign company registrations and the rise of digital and innovative industries.

Looking to 2025, Osome will expand its team across engineering, sales, product, partnerships, and R&D across Asia to support its next phase of sustainable growth. By driving operational efficiencies, launching innovative product features, enhancing customer experience, and forming strategic partnerships, Osome aims to accelerate sustainable growth across key markets. This approach will deliver seamless, scalable solutions that empower entrepreneurs and SMEs to achieve long-term success.

To date, Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over $5.6 billion in value. In May 2024, Osome announced it had raised $17M in Series B extension, reinforcing its commitment to driving sustainable growth and innovation.
Hashtag: #osome #business #technology #fintech #SME #startup


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

About Osome

Osome was founded to champion entrepreneurs and empower SMEs, helping them bring their ideas to life by simplifying and streamlining the essential processes that drive their businesses forward.

Osome is an all-in-one fintech platform that simplifies business and financial management for entrepreneurs and SMEs. By combining advanced technology with trusted expert support, Osome offers seamless business and finance solutions for incorporations, bookkeeping, payroll, and accounting—all accessible through a single platform and mobile app. Designed to innovate, automate and simplify complex processes for entrepreneurs and SMEs, Osome empowers businesses to focus on growth while staying in control of their finances.

Features like Osome’s Streamlined Incorporation allow anyone, anywhere in the world, to incorporate their company in as little as one day. Founded in 2017 and headquartered in Singapore, Osome has supported over 30,000 companies and processed more than 1 million bookkeeping transactions with over $5.6 billion in value.

For more information, please visit .

Honoring Excellence: The Philippines’ Pioneering Achievements at ACES Awards 2024


BANGKOK, THAILAND – Media OutReach Newswire – 19 December 2024 – At the ACES Awards 2024, leading organizations from the Philippines distinguished themselves through visionary sustainable practices and transformative innovation. With 138 nominations—among 682 entries spanning 17 countries and 41 industries—the Philippines reinforced its position as a rising force in Asia, setting new benchmarks for corporate responsibility and community-driven progress.

Recognising Leadership Excellence: 59 outstanding business leaders and enterprises were awarded for their exemplary leadership, on Day 2 of the ACES Awards 2024, setting new benchmarks in innovation, governance, and corporate responsibility.
Recognising Leadership Excellence: 59 outstanding business leaders and enterprises were awarded for their exemplary leadership, on Day 2 of the ACES Awards 2024, setting new benchmarks in innovation, governance, and corporate responsibility.

Takeda Healthcare Philippines, Inc. (THPI) exemplifies this ethos. Recognized for its inspiring workplace culture, Takeda empowers employees through flexible work policies, comprehensive benefits, and professional growth opportunities. Its emphasis on diversity and inclusion, paired with pioneering patient-centered initiatives, highlights how well-being, ethical leadership, and impactful partnerships can converge to reshape the healthcare landscape.

Honouring Excellence in Sustainability: 34 visionary companies and businesses were celebrated on day 1 of the ACES Awards 2024, for their remarkable commitment to championing sustainability, driving meaningful impact across Asia at the ACES Awards 2024.
Honouring Excellence in Sustainability: 34 visionary companies and businesses were celebrated on day 1 of the ACES Awards 2024, for their remarkable commitment to championing sustainability, driving meaningful impact across Asia at the ACES Awards 2024.

The Bank of the Philippine Islands (BPI), a three-time Top Sustainability Advocates in Asia awardee, further underscores the nation’s commitment to responsible growth. By integrating sustainability into its core operations—offering green bonds, financing renewable energy projects, and phasing out coal power generation—BPI is guiding the financial sector toward a more inclusive and climate-conscious future.

Cebu Landmasters, Inc. (CLI), honored as a Sustainability Rising Star, illuminates the power of thoughtful urban development. Its eco-friendly construction, affordable housing projects, and community-building efforts showcase how mindful infrastructure investments can nurture resilient, thriving communities across the Visayas and Mindanao regions.

Similarly, BDO Unibank, Inc. demonstrates how integrating environmental and social safeguards can redefine financial services. From pioneering renewable energy financing and combating carbon emissions to extending banking access to underserved communities and empowering grassroots development, BDO’s approach exemplifies the strength of inclusive, values-driven growth.

Ayala Land Inc., lauded as one of Asia’s Top Green Companies, brings sustainability to the heart of real estate. Its net-zero carbon commitment, renewable energy conversions, and carbon forest initiatives prove that environmental stewardship and robust profitability can harmoniously coexist, benefitting both business and society.

Together, these Philippine champions at the ACES Awards illustrate a cohesive narrative of a nation embracing responsibility, resilience, and innovation. By weaving sustainability into their core strategies and championing inclusive growth, these companies are elevating the Philippines’ global profile and forging a path toward a more sustainable, prosperous, and dynamic Asian future.
Hashtag: #ACESAwards2024 #RegionalRecognition #leadershipexcellence #Sustainability #SustainableCompanies #responsibleleaders #outstandingentrepreneurs

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

About ACES Awards

The ACES Awards, organized by MORS Group, recognize and celebrate the region’s most exemplary leaders, companies, and initiatives. By spotlighting transformative approaches to leadership and corporate excellence, the awards inspire continued innovation, promote sustainable practices, and encourage inclusive growth throughout Asia’s diverse and dynamic business ecosystem.

First Phosphate Signs Long-term Offtake Agreements and Pursues Interest from Financial Partner


Saguenay, Quebec – Newsfile Corp. – December 18, 2024 – First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company”) is pleased to announce that, yesterday, the Company signed two long-term offtake agreements with creditworthy offtake partners (the “Purchasers”) with respect to its future productions to take place in Saguenay-Lac-St-Jean, Quebec, Canada, thereby de-risking its future projects and enhancing their prospective financing.

In addition, the Company is now entering the next phase of discussions with the Pekuakamiulnuatsh First Nation (the “First Nation”) regarding a possible financial involvement in the Company, as provided for in the collaboration agreement signed by the First Nation and the Company on April 9, 2024.

“We congratulate First Phosphate on this offtake agreement,” says Pekuakamiulnuatsh First Nation Chief, Gilbert Dominique. “It is with optimism that we welcome the achievement of this important milestone, and we look forward to pursuing the next stage of our discussions with First Phosphate.”

“First Phosphate is achieving its goals as it continues to build a trusting relationship with the First Nation which is committed to supporting the development of the project in a way that respects its values,” says John Passalacqua, CEO of First Phosphate.

The definitive terms of the offtake agreements shall be finalized in separate agreements to be entered into between the parties. The agreements contain termination rights by the Purchasers if the first delivery of product is not made by a certain date unless the parties agree to an extension as well as other normal course termination provisions. The commencement of the industrial operations proposed by the Company are subject to a number of conditions, including permitting and financing which the Company continues to work towards diligently.

Pekuakamiulnuatsh First Nation Chief, Gilbert Dominique and First Phosphate CEO, John Passalacqua signing the Collaboration Agreement on April 9, 2024

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/234295_164f708984a5981c_001full.jpg

April 9, 2024: Collaboration Agreement between Pekuakamiulnuatsh First Nation and First Phosphate
https://firstphosphate.com/pekuakamiulnuatsh-first-nation-and-first-phosphate-announce-collaboration-agreement

Qualified Person

The scientific and technical disclosure for First Phosphate included in this news release has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Chief Geologist of First Phosphate and a Qualified Person under National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”).

About Pekuakamiulnuatsh First Nation

Pekuakamiulnuatsh Takuhikan is the political and administrative organization that represents the Pekuakamiulnuatsh Nation. The Pekuakamiulnuatsh Nation has 10,840 members, many of whom live in the community of Mashteuiatsh, on the bank of the Pekuakami (Lac Saint-Jean). Mashteuiatsh (which means “there where the point can be found”), is a historical place of meeting.

About First Phosphate Corp.

First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) 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, in a responsible manner 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 is owner and developer of the Bégin-Lamarche Property in Saguenay-Lac-St-Jean, Quebec, Canada that consists of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of harmful concentrations of deleterious elements.

For additional information, please contact:

Armand MacKenzie
Vice President, Government Relations
armand@firstphosphate.com
Tel: +1 (514) 618-5289

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

This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; the Company’s plans for vertical integration into North American supply chains; a possible future financial involvement of Pekuakamiulnuatsh First Nation; the entering into of definitive offtake agreements; the intended phosphate concentrate production at the Bégin-Lamarche property and its intended downstream merchant grade phosphoric acid production, de-risking of the future projects and enhancement of their prospective financing; and the design, build, operation and maintenance of a phosphoric acid manufacturing plant.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, and include, but are not limited to, the various assumptions set forth herein and in the Company’s public disclosure record including the short form base prospectus dated June 5, 2024, as well as: the Company having sufficient working capital and ability to secure additional funding necessary for the funding of the exploration of the Company’s property interest and the proposed phosphoric acid manufacturing plant; the economic feasibility of a phosphoric acid manufacturing plant; there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations including with respect to the anticipated timeline for the commencement of the offtake arrangements; the accuracy of the current mineral resource estimates for the Company and MGA production estimates; inflation and prices for project inputs being approximately consistent with anticipated levels; the Company’s relationship with Pekuakamiulnuatsh First Nation and other Indigenous parties remaining consistent with the Company’s expectations; and the Company and the Pekuakamiulnuatsh First Nation’s mutual interest and ability to engage and complete future financing activities.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. The factors and assumptions set out above are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian and United States securities authorities, including without limitation the “Risk Factors” section of the Company’s Management Discussion and Analysis dated October 23, 2024 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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

About First Phosphate Corp.