Core Viewpoint - Foremost Clean Energy Ltd. is set to conduct a large-scale 5,000 line-kilometer MobileMT™ airborne geophysical survey across its GR and Blackwing Uranium Properties in the Athabasca Basin, aimed at identifying high-grade uranium mineralization [1][3]. Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 uranium properties covering over 330,000 acres in the Athabasca Basin [13]. - The company is focused on systematic exploration programs to make significant discoveries in collaboration with Denison [13]. Survey Details - The airborne survey will cover approximately 5,000 line-kilometers with a line spacing of 200 meters and tie lines spaced at 2,000 meters [5]. - The MobileMT™ system will penetrate depths of 1 to 2 kilometers, utilizing natural electromagnetic fields and high-sensitivity magnetic and VLF sensors [5]. Technical Highlights - The survey is expected to provide critical data to guide future ground programs and drill targeting on the GR and Blackwing properties [4]. - The GR property is bisected by the Grease River Shear Zone, while the Blackwing property is intersected by the Black Bay Fault, both of which are believed to enhance the potential for uranium mineralization [2][7]. Management and Equity Grant - Foremost has approved the issuance of 413,100 Restricted Stock Units (RSUs) as part of its annual compensation review, aimed at attracting and retaining high-performing individuals [8]. - The RSUs will vest in three equal installments from April 1, 2026, to April 1, 2028, contingent on continued service [9].

Core Viewpoint - Foremost Clean Energy Ltd. is set to begin drilling at the Murphy Lake South Uranium Property, which is strategically located near the LaRocque Lake Conductive Corridor, known for high-grade uranium deposits [1][2][3] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 uranium properties across over 330,000 acres in the Athabasca Basin [10] - The company is focused on systematic exploration programs to make significant discoveries in collaboration with Denison Mines [10] Exploration Plans - Drilling at Murphy is scheduled to start in July 2025, with an initial phase involving approximately 1,500 meters of diamond drilling targeting graphitic faults and offset structures [6][7] - The drilling will focus on areas within 200–350 meters of the surface, allowing for efficient testing of the unconformity and underlying basement rocks [6] Historical Context - The Murphy Lake South Property has been previously explored by Denison Mines from 2008 to 2017, which identified uranium mineralization and key alteration features [5] - Historical drill results include significant intercepts such as 0.25% U₃O₈ over 6 meters and 0.13% U₃O₈ over 12.5 meters [5] Strategic Importance - The proximity of Murphy to the LaRocque Lake Conductive Corridor enhances its exploration potential, as recent discoveries have shifted perceptions of the Mudjatik Domain's viability [2][3] - The area remains underexplored, presenting a significant opportunity for future discoveries [7]

Core Insights - Foremost Clean Energy Ltd. has initiated a radon geochemical survey at its Wolverine Uranium Property located in the Athabasca Basin, which is known for high-grade uranium deposits [1][2] - The survey aims to enhance understanding of the subsurface geology and identify priority drill targets, focusing on areas with known structural offsets of the sub-Athabasca unconformity [2][3] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 uranium properties covering over 330,000 acres in the Athabasca Basin [11] - The company is engaged in systematic exploration programs in collaboration with Denison Mines Corp. to make significant discoveries in uranium and lithium [11] Survey Details - The radon geochemical survey leverages the relationship between radon gas emissions and subsurface uranium presence, as radon is a decay product of uranium [3] - The survey grid is designed to cover two potential faults that may explain the unconformity offset observed on the property [3] Historical Context - Previous exploration at the Wolverine Property has identified uranium mineralization, including a notable drill hole that intersected 2,087 ppm U over 0.1 meters [5] - Historical drilling and geophysical surveys suggest a complex structural architecture, with unconformity depths ranging from 140 to 300 meters below the surface [5] Future Plans - Upon completion of the radon survey, the company plans to integrate the results with historical data to refine high-priority drill targets for future testing [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to _________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECT ...

Core Viewpoint - Foremost Clean Energy Ltd. has significantly strengthened its financial position with over $4.5 million raised through the exercise of warrants and options, enabling the continuation of its strategic initiatives in the uranium market [1][2] Financial Position - The company has bolstered its treasury by over $4.5 million due to recent exercises of warrants and options by warrant holders and insiders, providing a solid foundation for executing strategic initiatives [1][2] Market Outlook - The company is optimistic about the uranium market, citing an upward trajectory in uranium spot prices and an impending structural supply deficit, indicating significant growth potential [2] - Foremost is advancing multiple exploration projects and drill programs, positioning itself favorably within the clean energy landscape [2] Marketing Campaign - Foremost is extending its multi-platform investor awareness and marketing campaign in partnership with LFG Equities Corp., aimed at educating North American investors about the company's unique position in the clean energy sector [3][4] - The campaign will emphasize the critical role of base load nuclear energy in the clean energy transition and highlight Canada's strategic advantage in the secure critical mineral supply chain [3] Campaign Details - The extended marketing campaign will run from June 16, 2025, to December 31, 2025, at a cost of $250,000 USD per month plus GST, with provisions for cancellation [5] - Services provided by LFG include digital marketing, SEO optimization, SMS and newsletter campaigns, social media amplification, and YouTube content creation [4][5] Company Overview - Foremost Clean Energy Ltd. is a rapidly growing North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 prospective uranium properties in the Athabasca Basin [7] - The company also has a portfolio of lithium projects across over 55,000 acres in Manitoba and Quebec, poised for growth as demand for carbon-free energy accelerates [8]

Core Viewpoint - Foremost Clean Energy Ltd. has received a three-year exploration permit for the CLK Property in the Athabasca Basin, allowing for extensive mineral exploration activities until December 31, 2027 [1][2][3] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company with a focus on the Athabasca Basin, holding an option to earn up to a 70% interest in 10 uranium properties covering over 330,000 acres [9] - The company is positioned to benefit from the growing demand for carbon-free energy, with its uranium projects at various stages of exploration [9] Exploration Plans - The company plans a fully-funded exploration program for the CLK Property, anticipated to begin in Q3 2025, following the results of a recently completed MobileMT geophysical survey [1][6] - The exploration will include drilling up to 30 holes and testing high-priority targets, particularly the CLG-D1 drill hole, which previously intersected 8,600 ppm uranium [2][5] Historical Context - Previous drilling at CLK in 1997 and 2000 resulted in significant uranium mineralization, with drill hole CLG-D1 returning 1.01% U3O8 and CLG-D5 returning 0.06% U3O8 [4][5] - The CLK Property is strategically located within the Snowbird Tectonic Zone, known for hosting several uranium occurrences [3]

Core Insights - Foremost Clean Energy Ltd. has received a three-year exploration permit for the Murphy Lake South Property in the Athabasca Basin, allowing for extensive mineral exploration activities until December 31, 2027 [1][2] - The property is strategically located near the LaRocque Lake Conductive Corridor, which hosts high-grade uranium deposits, including the Hurricane Deposit [2][3] - Historical drilling has indicated the presence of anomalous uranium and pathfinder elements, suggesting a potentially significant mineralizing system [2][4] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding options to earn up to a 70% interest in 10 uranium properties in the Athabasca Basin, covering over 330,000 acres [12] - The company is focused on systematic exploration programs to make significant discoveries in collaboration with Denison Mines [12] Exploration Plans - A fully-funded summer drill program is being planned, which includes a two-phase drilling approach targeting high-priority areas [4][14] - Phase 1 will involve approximately 1,500 meters of diamond drilling to explore the unconformity and underlying basement rocks, while Phase 2 will follow up on geophysical anomalies identified in Phase 1 [14] Geological Features - The Murphy Lake South Property spans 17,676 acres and is characterized by geological features similar to those found near the Hurricane Deposit, including shallow unconformity and mineralization potential [3][6] - Historical drilling results have shown significant uranium intersections, with notable results including 0.25% U3O8 over 6 meters and 618 ppm U in previous drill holes [6][4] Strategic Collaboration - The company is collaborating with Denison Mines, with Denison's President and CEO participating in a corporate update webinar to discuss exploration progress and future plans [2][8]

Core Insights - Foremost Clean Energy Ltd. has appointed Cameron MacKay as Vice President of Exploration, effective June 1, 2025, bringing over a decade of uranium exploration experience [1][2] - The company aims to leverage MacKay's expertise to enhance its exploration capabilities across its portfolio of 10 uranium properties in the Athabasca Basin, particularly following recent successes at the Hatchet Lake property [2][3] - Foremost is strategically positioned to capitalize on the increasing global demand for uranium as nuclear power becomes a prominent clean energy solution [3] Company Overview - Foremost Clean Energy Ltd. is a North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 uranium properties covering over 330,000 acres in the Athabasca Basin [4] - The company is focused on systematic exploration programs to make significant discoveries in collaboration with Denison Mines Corp. [4] - In addition to uranium, Foremost has a portfolio of lithium projects across more than 55,000 acres in Manitoba and Quebec, at various stages of development [5]

Core Viewpoint - Foremost Clean Energy Ltd. has regained compliance with Nasdaq Listing Rule 5550(a)(2), reflecting strong market sentiment and investor confidence in the company's business strategy, as evidenced by a 264% increase in share price from US$0.71 to US$2.60 within a short period [1][2][3]. Company Overview - Foremost Clean Energy Ltd. is an emerging North American uranium and lithium exploration company, holding an option to earn up to a 70% interest in 10 prospective uranium properties in the Athabasca Basin, covering over 330,000 acres [6][7]. - The company is strategically positioned to benefit from the growing demand for carbon-free energy, with its uranium projects at various stages of exploration [7][8]. Market Context - The recent executive orders by President Trump on May 23, 2025, emphasize the strategic importance of nuclear energy, aiming to quadruple capacity to 400 GW by 2050, which is significantly higher than the current global uranium supply [4]. - Canada currently supplies approximately 25% of the uranium needed by the U.S., highlighting the importance of discovering additional reliable sources for future energy independence [4]. Strategic Partnerships - Foremost's collaboration with Denison Mines Corp. is a key competitive advantage, enabling the company to accelerate discovery and production timelines in the uranium sector [5][6]. - Denison is on track to start construction of Canada's first in-situ recovery uranium mine in 2026, which could further enhance Foremost's position in the market [5]. Future Outlook - The company anticipates significant opportunities in the uranium sector due to the expected unprecedented demand driven by the nuclear industry's transformation [4][5]. - Foremost aims to solidify its role in the North American nuclear renaissance through systematic exploration efforts and a commitment to delivering strong performance for shareholders [5][7].

Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - Foremost Clean Energy Ltd. (NASDAQ: FMST) is pleased to announce that the company is presenting a live virtual corporate update hosted by Red Cloud Financial Services on June 5th, 2025 at 2:00 PM ET. We invite our shareholders, and all interested parties to register for the webinar and participate in the live Q&A session at the end of the presentation moderated by Red Cloud. The replay will be emailed out to all webinar registrants proceeding the event an ...