TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) — Fox River Resources Corporation (“Fox River” or the “Company”) (CSE: FOX) is pleased to announce the successful production of purified phosphoric acid (PPA), a critical component in the lithium iron phosphate (“LFP”) battery supply chain.
During this phase, the Company successfully completed testing that identified all the necessary operations required to convert commercial grade acid into PPA, laying the foundation for the construction of a dedicated PPA production facility. Patented technology and testing conducted by JESA Technologies LLC confirmed the suitability of Martison concentrate for the production of PFC. The proposed PPA plant is intended to be integrated into a phosphate fertilizer production complex that will recover phosphorus-rich by-products.2ABOUT5 by adjusting the product range and feed composition throughout the complex.
Fox River intends to supply its PPA to potential LFP battery manufacturers for initial evaluation and testing.
Stephen Case, CEO of Fox River, commented, “Our successful PPA production demonstrates Martison's versatility and expands the potential market opportunity for the project. It also reinforces our commitment to ensuring a reliable domestic supply of phosphate fertilizers for Canadian farmers while supporting the growing LFP battery market. We are grateful to the Ontario Ministry of Energy and Mines for their support in promoting Martison as a new source of critical minerals.”
Technical information
Fox River Resources' scientific and technical disclosures included in this press release have been reviewed and approved by Mr. James Beard. Mr. Byrd is a chemical engineer and a “qualified person” as defined in National Instrument 43-101, Standards of Disclosure for Mining Projects, and has verified the disclosures in this press release.
About Fox River Resources
Fox River Resources owns a 100% interest in the Martison Phosphate Project near Hurst, Ontario. Planned as a vertically integrated project, the project utilizes a large-scale, high-grade magmatic phosphate deposit capable of providing reliable domestic supplies of phosphate fertilizers as well as PPAs for the LFP battery industry. The project's Anomaly A deposit confirms a positive preliminary economic assessment with an effective date of April 21, 2022. Additional information can be obtained at: www.fox-river.ca or via Fox River's SEDAR+ profile.
For more information contact:
Stephen D. Case
President and CEO
Tel: (416) 972-9222
www.fox-river.ca
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the Exchange's policies) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain information set forth in this press release may contain forward-looking statements that involve significant known and unknown risks and uncertainties, including, but not limited to, the production of purified phosphoric acid, exploration results, potential mineralization, potential production of niobium and rare earth elements, statements relating to mineral resources, and the Company's plans for the exploration and development of its properties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fox River Resources Corporation's control, including, but not limited to, the impact of general economic conditions, industry conditions, commodity price volatility, risks associated with the uncertainty of exploration results and estimates, currency fluctuations, dependence on regulatory approvals, the uncertainty of obtaining additional financing and exploration risk. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, see Fox River's filings with Canadian securities regulators, available on SEDAR+. Readers are cautioned that the assumptions used in the preparation of such information, although believed to be reasonable at the time of preparation, may prove to be imprecise and should therefore not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof, and Fox River disclaims any intention or obligation to publicly update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
