First Phosphate Announces Appointment of Peter Nicholson as Director of First Phosphate Page 1

Saguenay, Quebec–(Newsfile Corp. – September 3, 2024) – First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company”) announces the appointment of Peter J.F. Nicholson to its board of directors effective September 1, 2024 to fill the vacancy created by the resignation of former director Marc Branson, effective the same day.

Mr. Nicholson is the founder, president and controlling shareholder of Wealth Creation Preservation & Donation Inc. (WCPD), a recognized leader in Canadian tax-advantaged investing, with a specialty focus on philanthropic tax planning and tax relief in the mining sector.