VANCOUVER, British Columbia, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company"), is pleased to announce that it has entered into a marketing services agreement with Interactive Offers LLC. (“Interactive Offers”) to enhance investor and market awareness amongst the global investment community. Under the agreement, Interactive Offers will provide comprehensive digital marketing services to include dedicated email, newsletter, influencer, socia ...

Core Viewpoint - Foremost Clean Energy Ltd. announces a private placement with Denison Mines Corp., which will result in Denison acquiring approximately 19.17% of Foremost's common shares outstanding, strengthening the company's financial position for exploration activities in the Athabasca Basin [1][2][3]. Group 1: Private Placement Details - Denison will subscribe for 485,000 common shares at a price of $2.20 per share, totaling $1,067,000 [2]. - The issuance of shares is in accordance with the Amended & Restated Investor Rights Agreement and has been approved by the Canadian Securities Exchange [2]. - The shares issued will be subject to a hold period of four months and one day from the date of issuance [2]. Group 2: Company Strategy and Focus - The proceeds from the private placement will be utilized to advance exploration for the company's 330,000 acres uranium portfolio in the Athabasca Basin and for general corporate purposes [3]. - The company aims to make significant discoveries through systematic exploration programs in collaboration with Denison [5]. - Foremost Clean Energy holds an option to earn up to a 70% interest in 10 uranium properties in the Athabasca Basin, which is known for its uranium richness [5]. Group 3: Company Overview - Foremost Clean Energy Ltd. is a growing North American uranium and lithium exploration company [5]. - The company also has a portfolio of lithium projects across over 55,000 acres in Manitoba and Quebec [6]. - The demand for domestically mined uranium and lithium is expected to grow as the need for carbon-free energy increases [5].

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. 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 Insights - Foremost Clean Energy Ltd. has successfully completed an airborne geophysical survey over the CLK Uranium Property in the Athabasca Basin, which will help identify conductive trends and structural features related to uranium mineralization [1][2] - The company anticipates receiving interpreted results from the survey in the coming weeks to delineate targets for a planned summer 2025 drill program [1][4] 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 across over 330,000 acres in the Athabasca Basin [9] - The company is focused on systematic and disciplined exploration programs to make significant discoveries in collaboration with Denison Mines [9] Project Details - The CLK property consists of 2 claims covering approximately 25,753 acres (10,422 hectares) and is located about 30 km south of the northern edge of the Athabasca Basin [2] - Historical drilling at CLK has shown notable uranium mineralization, including an intersection of 8,600 ppm U at 862 meters depth in hole CLG-D1 and 510 ppm U at approximately 900 meters depth in hole CLG-D5 [8] Upcoming Activities - A 2,000-meter diamond drill program is planned for summer 2025, focusing on testing extensions of historical intersections and newly identified conductive anomalies from the recent survey [4][5] - The use of deep-penetrating geophysical methods is expected to enhance the identification of high-priority drill targets associated with significant uranium deposits [5]

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company") is pleased to announce the initiation of a warrant incentive program (the "Incentive Program") intended to encourage the exercise of up to 487,848 warrants (the "Warrants") issued in connection with the non-brokered private placement of 436,122 flow- through units and 152,941 non flow-through units completed by the Company in two tranches on March 13, 2024 and Apri ...