Company: FMST
Filing Date: 2025-07-08
Form Type: POS AM
Source: 0001171843-25-004344
Chunk: 15

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-07-08
Form: POS AM
Chunk 15
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, stock brokers, institutional
investors and others in the investment community who can generate or influence sales volume, and that even if we came to the attention
of such institutionally oriented persons, they tend to be risk-averse in this environment and would be reluctant to follow an early stage
company such as ours or purchase or recommend the purchase of our shares until such time as we became more advanced and viable. Consequently,
there may be periods of several days or more when trading activity in our shares or Common Share Purchase Warrants is minimal or non-existent,
as compared to a seasoned issuer which has a large and steady volume of trading activity that will generally support continuous sales
without an adverse effect on share price. We cannot give you any assurance that a broader or more active public trading market for our
common shares or Common Share Purchase Warrants will develop or be sustained. Due to these conditions, we can give you no assurance that
you will be able to sell your shares or Common Share Purchase Warrants at or near bid prices or at all if you need money or otherwise
desire to liquidate your shares or Common Share Purchase Warrants. Further, institutional and other investors may have investment guidelines
that restrict or prohibit investing in securities traded in the over-the-counter market. These factors may have an adverse impact on the
trading and price of our securities and could result in the loss by investors of all or part of their investment.

You may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing actions against us or our management named in the prospectus based on foreign laws.

We are incorporated in the Province of British Columbia,
Canada under The Corporations Act (British Columbia). We conduct our operations outside the United States and substantially all of our
assets are located outside the United States. In addition, many of our directors and executive officers and the experts named in this
prospectus reside outside the United States, and a significant amount of their assets are located outside the United States. As a result,
service of process upon such persons may be difficult or impossible to effect within the United States. Furthermore, because a substantial
portion of our assets, and substantially all the assets of our directors and officers and the Canadian experts named herein, are located
outside of the United States, any judgment obtained in the United States, including a judgment based upon the civil liability provisions
of United States federal securities laws, against us or any of such persons may not be collectible within the United States. In Canada,
provincial and