Company: FMST
Filing Date: 2025-02-28
Form Type: 424B3
Source: 0001171843-25-001157
Chunk: 30

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-02-28
Form: 424B3
Chunk 30
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 |   |          113 | % |
| Dividend yield                |     |   |         0.00 | % |     |   |         0.00 | % |

| 8. | RELATED PARTY TRANSACTIONS |

Key management personnel include those persons having authority and responsibility for planning, directing and controlling the activities of the Company as a whole. The Company has determined that key management personnel consist of executive and non-executive members of the Company’s Board of Directors and corporate officers and companies controlled by them. The remuneration that was paid or accrued to the directors and other members of key management personnel during the three-month and nine-month period ended December 31, 2024and 2023 was as follows:

| Three-month Period ended December 31, 2024                              |     | Management 
 fees       |         |     | Consulting 
 fees       |        |     | Share-based 
 payments    |         |     | Total |         |
|:------------------------------------------------------------------------|:----|:-----------|--------:|:----|:-----------|-------:|:----|:------------|--------:|:----|:------|--------:|
| Current and former directors, officers and companies controlled by them |     | $          | 260,346 |     | $          |      - |     | $           | 444,165 |     | $     | 704,511 |
| Three-month Period ended December 31, 2023                              |     |            |         |     |            |        |     |             |         |     |       |         |
| Current and former directors, officers and companies controlled by them |     | $          | 205,231 |     | $          | 54,923 |     | $           |  75,500 |     | $     | 335,654 |

| Nine-month Period ended December 31, 2024                               |     | Management 
 fees       |         |     | Consulting 
 fees       |         |     | Share-based 
 payments    |         |     | Total |           |
|:------------------------------------------------------------------------|:----|:-----------|--------:|:----|:-----------|--------:|:----|:------------|--------:|:----|:------|----------:|
| Current and former directors, officers and companies controlled by them |     | $          | 594,846 |     | $          |       - |     | $           | 444,165 |