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Foremost Clean Energy Corrects Red Cloud Contract and Provides Details For Its Plan of Arrangement
GlobeNewswire News Room· 2024-11-20 13:30
Core Points - Foremost Clean Energy Ltd. is set to spin out its Winston Gold and Silver Properties to Rio Grande Ltd., with shareholders receiving 2 Rio Grande shares for every 1 Foremost share [1][2][4] - The share exchange will occur on the effective date of the arrangement, with only shareholders of record as of October 24, 2024, eligible to vote at the upcoming Annual General and Special Meeting (AGSM) [3] - The completion of the arrangement is anticipated in January 2025, pending necessary approvals [3] Company Overview - Foremost Clean Energy Ltd. is an emerging North American uranium and lithium exploration company, with a focus on uranium properties in the Athabasca Basin region of Saskatchewan [7] - The company has an option to earn up to a 70% interest in 10 prospective uranium properties, covering over 330,000 acres [7] - Foremost also holds a portfolio of lithium projects across more than 55,000 acres in Manitoba and Quebec [8] Technical Report - An updated Technical Report for the Winston Gold-Silver Project has been filed, effective November 4, 2024, in accordance with National Instrument 43-101 [5] - The report aims to provide updates on the project and present new technical findings related to exploration activities [5][6]
Foremost Clean Energy Announces Strategic Engagement with Red Cloud Financial Services
GlobeNewswire News Room· 2024-11-18 13:30
VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, is pleased to announce today that it has entered into a strategic agreement (the “Agreement”) with Red Cloud Financial Services Inc. ("RCFS" or "Red Cloud"), an arms-length independent contractor, to provide promotional services, including advice on marketing, communications and social media acti ...
Foremost Clean Energy Provides Update for Rescheduled December AGSM
GlobeNewswire News Room· 2024-11-15 13:30
Shareholders are Encouraged to Vote in Favour of the Arrangement Resolution to Spin-Out the Winston Group of Gold & Silver Properties at the Shareholder Meeting to be now held on December 20, 2024 VANCOUVER, British Columbia, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, today announces that it has filed its notice of meeting of shareholders, management information circ ...
Denison to File Early Warning Report in Respect of Foremost Clean Energy Ltd.
Prnewswire· 2024-11-15 11:30
TORONTO, Nov. 15, 2024 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML; NYSE American: DNN) congratulates Foremost Clean Energy Ltd. ("Foremost") (NASDAQ:FMST) (CSE:FAT) on the completion of its $10,500,250 private placement of units on November 14, 2024 (the "Offering").  The Offering provides Foremost with significant funding to support its objective of exploring a portfolio of Saskatchewan uranium exploration properties pursuant to an option agreement entered into with Denison o ...
Foremost Clean Energy Announces Closing of Brokered Private Placement for Gross Proceeds of C$10.5 Million Including Full Exercise of Over Allotment
GlobeNewswire News Room· 2024-11-14 16:15
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, is pleased to announce that it has completed its previously announced best efforts private placement (the “Offering”) for aggregate gross proceeds of C$10,500,250, which includes the full exercise of the agent’ ...
Foremost Clean Energy Announces Revised Brokered Private Placement for Gross Proceeds of up to C$9.5 Million
GlobeNewswire News Room· 2024-10-25 16:50
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, is pleased to announce that further to its press release dated October 24, 2024 and as a result of strong investor demand, the Company has increased the maximum gross proceeds of its previously announced best e ...
Foremost Clean Energy Announces Brokered Private Placement for Gross Proceeds of up to C$7.0 Million, Including Participation of Denison Mines
GlobeNewswire News Room· 2024-10-24 20:30
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents (the “Agents”) in connection with a best ...
Denison Files Early Warning Report in Respect of Foremost Clean Energy Ltd.
Prnewswire· 2024-10-07 11:00
TORONTO, Oct. 7, 2024 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) announces that it has filed an early warning report, under National Instrument 62-103, in respect of its holdings in Foremost Clean Energy Ltd. ("Foremost") (NASDAQ: FMST) (CSE: FAT). On October 4, 2024, Denison acquired an aggregate of 1,369,810 common shares of Foremost (the "Foremost Shares") pursuant to the option agreement dated September 23, 2024 (the "Option Agreement"), as considerat ...
Foremost Clean Energy Completes First Phase of Option Agreement with Denison Mines for Interest in 10 Uranium Properties in the Athabasca Basin
GlobeNewswire News Room· 2024-10-07 11:00
Denison becomes Foremost's largest shareholder at 19.95% VANCOUVER, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost Clean Energy", "Foremost" or the "Company"), an emerging North American uranium and lithium exploration company, is pleased to announce today that, further to its announcement of September 23, 2024, it has now completed Phase One of its transaction (the "Transaction") with Denison Mines Corp. ("Denison"), acquiring 20% of Deni ...
Denison Announces Option of Non-Core Exploration Projects to Foremost for up to $30 Million in Combined Consideration
Prnewswire· 2024-09-24 11:00
TORONTO, Sept. 24, 2024 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an option agreement (the "Option Agreement") with a Nasdaq listed company to be renamed Foremost Clean Energy Ltd ("Foremost") (NASDAQ: FMST) (CSE: FAT), which grants Foremost an option to acquire up to 70% of Denison's interest in 10 uranium exploration properties (collectively, the "Transaction"). Pursuant to the Transaction, Foremost would acq ...