Company: FMST
Filing Date: 2025-02-28
Form Type: 424B3
Source: 0001171843-25-001157
Chunk: 63

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-02-28
Form: 424B3
Chunk 63
---
:|:--|:----|:--|---------------:|:--|
| Total assets                               |     | $ |        29,640,051 |   |     | $ |         16,598,937 |   |     | $ |    17,130,465 |   |     | $ |     16,598,857 |   |
| Total liabilities                          |     | $ |         3,497,509 |   |     | $ |          4,237,956 |   |     | $ |     3,407,774 |   |     | $ |      3,389,320 |   |
| Shareholders’ equity                       |     | $ |        26,142,542 |   |     | $ |         12,360,981 |   |     | $ |    13,722,691 |   |     | $ |     13,209,537 |   |
| Total revenue                              |     | $ |                 - |   |     | $ |                  - |   |     | $ |             - |   |     | $ |              - |   |
| Net loss for the period                    |     | $ |        (2,012,936 | ) |     | $ |         (1,523,910 | ) |     | $ |      (857,094 | ) |     | $ |     (1,513,401 | ) |
| Basic and diluted loss per share           |     | $ |             (0.23 | ) |     | $ |              (0.28 | ) |     | $ |         (0.16 | ) |     | $ |          (0.31 | ) |
| Weighted average common shares outstanding |     |   |         8,786,943 |   |     |   |          5,494,542 |   |     |   |     5,382,316 |   |     |   |      4,937,738 |   |

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Foremost Clean Energy Ltd. (Formerly, Foremost Lithium Resource & Technology Ltd.)
Management Discussions and Analysis
Period Ended December 31, 2024

|                                             |     |   | December 31, 2023 |   |     |   | September 30, 2023 |   |     |   | June 30, 2023 |   |