Company: FMST
Filing Date: 2025-07-28
Form Type: DRS
Source: 0001171843-25-004725
Chunk: 11

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-07-28
Form: DRS
Chunk 11
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 Ltd.) was incorporated under the Business Corporations Act (British Columbia) (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 is not incorporated by reference into this Prospectus, and the inclusion of our website address
in this Prospectus is only for reference.

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### CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Prospectus and the documents incorporated by
reference herein contain “forward-looking statements” and “forward-looking information” within the meaning of
United States and Canadian securities laws (collectively, “forward-looking statements”). Such forward-looking statements
include, but are not limited to, information with respect to our objectives and our strategies to achieve these objectives, as well as
statements with respect to our beliefs, plans, expectations, anticip