SAGUENAY, QUEBEC - Newsfile Corp. - 22 February 2024 - First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has received a letter of support for its mining project and planned purified phosphoric acid plant from the Hon. Mario Simard, Member of Parliament (BQ) for the Riding of Jonquière, Québec. Mr. Simard, first elected to Canadian parliament in 2019, is the vice-chair of the Standing Committee on Natural Resources and is the critic for natural resources for the Bloc Québécois. "The team at First Phosphate appreciates the support that Mr. Simard and his staff have provided to us since the very beginning of our concept of establishing the Saguenay-Lac-St-Jean region of Quebec as the LFP Battery Valley of North America," says First Phosphate CEO, John Passalacqua. "In Canada, we need leadership that backs major projects and that supports job creation in local economies, especially an economy with the potential of Saguenay-Lac-St-Jean, Quebec." Mr. Simard's letter of support for the First Phosphate project may be found at: https://firstphosphate.com/mariosimard.pdf Mr. Simard states the following in his letter: "In the current context of climate change, all efforts to undertake the energy transition in a concrete way must be supported and encouraged. In this respect, phosphate is a key element in the development of the battery industry. Not only are lithium iron phosphate ("LFP") batteries non-toxic and have the advantage of superior fire protection, but they also contribute directly towards the green-energy transition. They provide the electric vehicle sector with environmentally-friendly batteries through their production process powered by our clean Quebec hydroelectric grid." "Thanks to the availability of phosphate (amongst the purest 1% in the world), our region has the potential to establish itself as a true leader in the energy transition, all through the development of a LFP battery industry. What's more, the development of First Phosphate's project facilities could contribute to the diversification of our regional economy with the potential to help create an additional 1,000 to 10,000 jobs in Saguenay-Lac-Saint-Jean." "This is why, as MP for the federal riding of Jonquière, I support a project as important as that of First Phosphate for the development of LFP battery in the Saguenay-Lac-Saint-Jean region." Canadian Federal Riding of Jonquière Québec and Locations of the First Phosphate Project To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8917/198819_78a7aa0564790804_001full.jpgAbout First Phosphate Corp. First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate ("LFP") battery industry. First Phosphate is committed to producing at high purity level, in 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 holds over 1,500 sq. km of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate materially devoid of high concentrations of harmful elements. For additional information, please contact: Bennett Kurtz, CFO bennett@firstphosphate.com Tel: +1 (416) 200-0657 Investor Relations: investor@firstphosphate.com Media Relations: media@firstphosphate.com Website: www.FirstPhosphate.comFollow First Phosphate: Twitter: https://twitter.com/FirstPhosphate LinkedIn: https://www.linkedin.com/company/first-phosphate -30- Forward-Looking Information and Cautionary StatementsThis 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,...