Company: FMST
Filing Date: 2025-07-08
Form Type: POS AM
Source: 0001171843-25-004344
Chunk: 5

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-07-08
Form: POS AM
Chunk 5
---
person or other person is
authorized to give any information or to represent anything not contained in this Prospectus, including the documents incorporated by
reference. You must not rely on any unauthorized information or representation. This Prospectus is an offer to sell only the securities
offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. You should assume that the information
in this Prospectus, including the documents incorporated by reference is accurate only as of the date on the front of the document, regardless
of the time of delivery of this Prospectus or any sale of a Security.

Except as otherwise indicated, references in this
Prospectus to “Foremost,” “Company,” “we,” “us” and “our”
refer to Foremost Clean Energy Ltd. and its consolidated subsidiaries.

Enforceability of Civil Liabilities

We are incorporated under the laws of British Columbia.
Some of our directors and officers, and the experts named in this Prospectus, are residents of Canada or otherwise reside outside of the
United States, and all or a substantial portion of their assets, and all or a substantial portion of our assets, are located outside of
the United States. We have appointed an agent for service of process in the United States, but it may be difficult for shareholders who
reside in the United States to effect service within the United States upon those directors, officers and experts who are not residents
of the United States. It may also be difficult for shareholders who reside in the United States to realize in the United States upon judgments
of courts of the United States predicated upon our civil liability and the civil liability of our directors, officers and experts under
the United States federal securities laws. Furthermore, because substantially all of our assets and substantially all of our directors
and officers are located outside the United States, any judgment obtained in the United States against us or any of our directors and
officers may not be collectible within the United States. There can be no assurance that United States investors will be able to enforce
against us, members of our Board of Directors (the “Board”), officers or certain experts named herein who are residents
of Canada or other countries outside the United States, any judgments in civil and commercial matters, including judgments under the federal
securities laws.

Market, Industry and Other Data

This Prospectus, and the documents incorporated by
reference herein, contain estimates, projections and other information concerning our industry, our business, and the markets for our
products. Information that