Company: FMST
Filing Date: 2025-07-08
Form Type: POS AM
Source: 0001171843-25-004344
Chunk: 71

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-07-08
Form: POS AM
Chunk 71
---
31, 2024 and for the period then ended included by reference in this prospectus, have been audited by MNP LLP, an independent registered
public accounting firm, as stated in their report appearing herein. Such consolidated financial statements are included in reliance upon
the report of such firm given upon their authority as experts in accounting and auditing.

The offices of MNP LLP are located at 2200 - 1021 West Hastings Street
Vancouver, BC, V6E 0C3.

### LEGAL MATTERS
Unless otherwise specified in the Prospectus
relating to a specific offering of Securities, certain legal matters relating to the offering of the Securities will be passed upon
on behalf of the Company by Farris LLP with respect to matters of Canadian law and by Dorsey & Whitney LLP with respect to
matters of United States law.

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### INTEREST OF
EXPERTS AND COUNSEL

To our knowledge, none of the experts or counsel
named in this Prospectus held, at the time they prepared or certified such statement, report or valuation, received after such time or
will receive any registered or beneficial interest, direct or indirect, in any securities or other property of our Company or one of our
associates or affiliates otherwise than by remuneration as employees or consultants of our business, none of which is contingent on the
success of an offering of the Securities.

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Foremost Clean Energy Ltd.

PROSPECTUS

ThinkEquity

PART II

INFORMATION NOT REQUIRED IN PROSPECTUS</div>

Item 7. Recent Sales of Unregistered Securities.

During the past three years, we have issued and sold the below securities. We believe that each of the following issuances was exempt from registration under the Securities Act in reliance on Regulation S under the Securities Act regarding sales by an issuer in offshore transactions. We believe that our issuances of options to our employees, directors, officers and consultants were exempt from registration under the Securities Act in reliance on Rule 701 under the Securities Act.

During the year ended March 31, 2025, the Company:

| a) | closed a non-brokered private placement issuing 247,471 flow-through units consisting of one flow-through common share and one non-flow-through 
 common share purchase warrant at $5.88 per unit for gross proceeds of $1,455,129.                                                               |

| b) | issued 28,818 common shares