Company: FMST
Filing Date: 2025-06-20
Form Type: 20-F
Source: 0001171843-25-004004
Chunk: 225

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: 20-F
Item: Item 19
Chunk 225
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 director of the Company. The options are exercisable at $ 5.47 per share for three years with an estimated fair value of $ 75,500 and vest immediately;  

  granted stock options for 20,000 shares to an officer of the Company. The options are exercisable at $ 3.98 per share for five years with an estimated fair value of $ 66,600 and vest immediately;  

  granted stock options for 20,000 shares to a consultant of the Company. The options are exercisable at $ 3.30 per share for two years with an estimated fair value of $ 36,000 and vest immediately;  

  had 36,000 stock options exercised by issuing 36,000 shares for proceeds of $131,400; and  

  had 80,300 stock options that expired or were forfeited, resulting in a reallocation of share-based reserves of $ 860,158 from reserves to deficit.  

  granted stock options for 36,000 shares to a consultant of the Company. The options are exercisable at $ 3.65 per share for one year with an estimated fair value of $ 53,400 and vest immediately.  

During the year ended March 31, 2023,

  granted stock options for 20,000 shares to a consultant of the Company. The options are exercisable at $ 12.75 per share for three years with an estimated fair value of $ 198,300 and vest immed...  

  granted stock options for 8,000 shares to a consultant of the Company. The options are exercisable at $ 13.75 per share for three years with an estimated fair value of $ 83,200 and vest immedia...  

  granted stock options for 62,000 shares to a consultant of the Company. The options are exercisable at $ 9.00 per share for three years with an estimated fair value of $ 395,600 and vest immedi...  

  granted stock options for 31,000 shares to a consultant of the Company. The options are exercisable at $ 9.50 per share for two years with an estimated fair value of $ 208,600 and vest immediat...  

  recorded $ 42,702 of stock-based compensation relating to stock-options granted previous to the year ended March 31, 2023.  

  had 13,000 stock options exercised by issuing 13,000 shares for proceeds of $77,750; and