Company: FMST
Filing Date: 2025-06-20
Form Type: 20-F
Source: 0001171843-25-004004
Chunk: 236

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: 20-F
Item: Item 19
Chunk 236
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During the year endedMarch 31, 2025, significant non-cash investing and financing transactions included:

  included in accounts payable and accrued liabilities was $ 41,995 related to exploration and evaluation assets;  

  issued 1,836,416 common shares with a fair value of $ 6,866,449 for the acquisition of exploration and evaluation assets; and  

  issued 162,781 agent warrants valued at $ 201,500 relating to private placements;  

  included in prepaid deposits was $ 138,823 related to exploration and evaluation assets.  

During the year endedMarch 31, 2024, significant non-cash investing and financing transactions included:

  included in accounts payable and accrued liabilities was $ 341,831 related to exploration and evaluation assets;  

  issued 29,900 common shares with a fair value of $ 235,600 for the acquisition of exploration and evaluation assets;  

  issued 40,000 underwriter/agent warrants valued at $ 270,400 for the public offering in the United States; and  

  issued 30,900 common shares at a value of $ 187,872 to non-related consulting firm for services.  

During the year endedMarch 31, 2023, significant non-cash investing and financing transactions included:

  included in accounts payable and accrued liabilities is $ 1,037,816 related to exploration and evaluation assets;  

  included in short-term loans payable is $ 67,717 related to exploration and evaluation assets;  

  issued 17,594 common shares with a fair value of $ 152,454 for the acquisition of exploration and evaluation assets;  

  issuance of 13,000 common shares upon exercise of options resulting in a reallocation of share-based reserves of $ 78,528 from reserves to share capital;  

  issued 20,000 common shares pursuant to PSU redemption resulting in a reallocation of share-based reserves of $ 355,000 from reserves to share capital;  

  issued 5,765 share purchase finders warrants valued at $22,000;  

  expired or forfeited 121,000 options resulting in a reallocation of share-based reserves of $ 891,400 from reserves to stock-based compensation;  

  recorded a $ 977,532 flow through premium liability in connection with a financing (Note 9);  

  included in long-term prepaids is $ 24,404