Company: FMST
Filing Date: 2025-02-28
Form Type: 424B3
Source: 0001171843-25-001157
Chunk: 4

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-02-28
Form: 424B3
Chunk 4
---
 |     |   |              1,850 |   |
| Net Loss and Comprehensive Loss for the period                           |     | $ | (2,012,936 | ) |     | $ |            (654,940 | ) |     | $ | (4,393,940 | ) |     | $ |         (2,958,769 | ) |
| Basic and diluted loss per common share                                  |     | $ |      (0.23 | ) |     | $ |               (0.14 | ) |     | $ |      (0.67 | ) |     | $ |              (0.68 | ) |
| Weighted average number of common shares outstanding – Basic and Diluted |     |   |  8,786,943 |   |     |   |           4,838,329 |   |     |   |  6,546,860 |   |     |   |          4,380,810 |   |

<div align='center'>The accompanying notes are an integral part of these condensed interim consolidated financial statements.</div>

Page 3 | 28

FOREMOST CLEAN ENERGY LTD.

(FORMERLY FOREMOST LITHIUM RESOURCE & TECHNOLOGY LTD.)

Condensed Interim Consolidated Statements of Changes in Shareholders’ Equity

For the nine months ended December 31, 2024 and 2023

(Expressed in Canadian Dollars)

(Unaudited – Prepared by Management)

|                                                        |     | Number of 
 Shares    |            |     | Capital Stock |            |   |     | Subscriptions 
 received in   
 advance       |          |   |     | Share-based 
 payment     
 reserves    |           |   |     | Deficit |             |   |     | Total         
 Shareholders’ 
 Equity        |            |   |
|:-------------------------------------------------------|:----|:----------|-----------:|:----|:--------------|-----------:|:--|:----|:--------------|---------:|:--|:----|:------------|----------:|:--|:----|:--------|------------:|:--|:----|:--------------|-----------:|:--|
| Balance, March 31, 2023                                |     |           |  3,969,617 |     | $             | 26,449,839 |   |     | $             |        - |   |     | $           | 1,806,894 |