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Canadian Phosphate Raises $2M to Unlock Canadian Phosphate Potential

10:23am on Thursday 11th of December, 2025 AEDT Mining
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Canadian Phosphate Raises $2M to Unlock Canadian Phosphate Potential

10:23am on Thursday 11th of December, 2025 AEDT
Key Points
  • Raised A$2 million via share placement at A$0.05 per share
  • Funds to support drilling and geological updates at Wapiti and Fernie projects
  • Strategic Letter of Intent with Novaphos for advanced phosphoric acid production
  • Focus on phosphate supply for fertilizer and lithium iron phosphate batteries
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