Company: FMST
Filing Date: 2025-08-06
Form Type: F-3
Source: 0001171843-25-005054
Chunk: 68

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-08-06
Form: F-3
Chunk 68
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 and be able to secure additional funding necessary for the continued 
 exploration of our property interests;                                                                     |

| · | expectations regarding the potential mineralization, geological merit and economic feasibility of our 
 projects;                                                                                             |

| · | expectations regarding exploration results at the Lithium Lane Properties and the Athabasca Uranium Properties; |

| · | mineral exploration and exploration program cost estimates; |

| · | expectations regarding any environmental issues that may affect planned or future exploration programs 
 and the potential impact of complying with existing and proposed environmental laws and regulations;   |

| · | receipt and timing of exploration permits and other third-party approvals; |

| · | government regulation of mineral exploration and development operations; |

| · | expectations regarding any social or local community issues that may affected planned or future exploration 
 and development programs;                                                                                   |

| · | key personnel continuing their employment with us; and |

| · | our geographically diverse management. |

Although the forward-looking statements contained
in this Prospectus Supplement and the documents incorporated by reference herein are based upon what we believe are reasonable assumptions,
investors are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking statements.
Certain assumptions were made in preparing the forward-looking statements concerning availability of capital resources, business performance,
market conditions and customer demand.

Consequently, all of the forward-looking statements
contained herein or incorporated by reference are qualified by the foregoing cautionary statements, and there can be no guarantee that
the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences
or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the
forward-looking statements contained herein or incorporated by reference are provided as of the date hereof or the date of the document
incorporated by reference, and we do not undertake to update or amend such forward-looking statements whether as a result of new information,
future events or otherwise, except as may be required by applicable law.

| S-5 |

### STATUS AS AN EMERGING GROWTH COMPANY
We are an “emerging growth company” as
defined in Section 3(a) of the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”)
by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and we may take advantage of certain exemptions
from various reporting requirements that are applicable to other public companies that are not