Foremost Clean Energy Provides Positive Update on Spin-Out of Rio Grande Resources

VANCOUVER, British Columbia, Jan. 28, 2025 (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 the effective date of the previously announced spin out (the “Spin-Out”) of its gold and silver properties into a new stand-alone public company named Rio Grande Resources Ltd. (“Rio Grande”), is anticipated to occur at 12:01a.m. (Vancouver time) on January 30, 2025 (the “S ...