Company: FMST
Filing Date: 2025-07-28
Form Type: DRS
Source: 0001171843-25-004725
Chunk: 66

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-07-28
Form: DRS
Chunk 66
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ison’s equity participation right, with respect to such at-the-market offering,, would be equal to or        
 less than 19.95%;                                                                                                                      |

| iv. | Denison shall have 30 days from the date of the offering to participate to elect                                                        
 to purchase, and to fully fund the purchase, of any such securities in the concurrent private placement. If Denison does not elect to   
 purchase any securities and/or does not provide immediately available funds for the purchase of such securities to us within 30 days of 
 the date of the offer to participate, Denison’s rights to purchase such securities shall terminate.                                     |

Our Company Foremost Clean Energy Ltd. (formerly Foremost Lithium Resource & Technology Ltd.) was incorporated under the British Columbia Business Corporations Act (the “ BCBCA”) and the laws of the Province of British Columbia as FAR Resources Ltd. on July 7, 2005 (Number: BC0729352). We changed our name to Foremost Lithium Resource & Technology Ltd. on January 4, 2022, and later changed our name to Foremost Clean Energy Ltd. on September 30, 2024. We have no subsidiaries. We had held certain underlying royalties, a 100% ownership and option interest in certain claims in the Winston Gold and Silver Property located in Sierra County, New Mexico, USA (the “ Winston Property”) within a previous wholly-owned subsidiary, Sierra Gold & Silver Ltd. (“ Sierra”). On July 19, 2024, Rio Grande Resource Ltd. (“ Rio Grande”) was incorporated under the laws of British Columbia solely for the purpose of participating in a plan of arrangement pursuant to the BCBCA (the “Arrangement”), pursuant to which, among other things, the Winston Property was transferred to Rio Grande, and existing Foremost shareholders exchanged their common shares for one (1) new Common Share of Foremost and two (2) common shares of Rio Grande. The common shares of Rio Grande were subsequently listed on the CSE. The Arrangement was completed on January 31, 2025. Our registered office address is 750 West Pender Street, Suite 250 Vancouver, British Columbia V7Y 1K3 Canada V7Y 1B3 Canada. Our company email address is info@foremostcleanenergy.com. Our telephone number is (604) 330-8067. Our principal website address is http://www.foremostcleanenergy.com.The information on or accessible through our website is not part of and