Company: FMST
Filing Date: 2025-06-20
Form Type: POS AM
Source: 0001171843-25-004006
Chunk: 32

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-06-20
Form: POS AM
Chunk 32
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 paragraphs above must be: |

| • | made by investment firms, banks or financial intermediaries permitted to conduct such activities in Italy                                
 in accordance with Legislative Decree No. 385 of 1 September 1993 (as amended), Decree No. 58, CONSOB Regulation No. 16190 of 29 October 
 2007 and any other applicable laws; and                                                                                                  |

| • | in compliance with all relevant Italian securities, tax and exchange controls and any other applicable laws. |

| • | Any subsequent distribution of the securities in Italy must be made in compliance with the public offer and                             
 prospectus requirement rules provided under Decree No. 58 and the Regulation No. 11971 as amended, unless an exception from those rules 
 applies. Failure to comply with such rules may result in the sale of such securities being declared null and void and in the liability  
 of the entity transferring the securities for any damages suffered by the investors.                                                    |

Japan

The securities have not been and will not be registered
under Article 4, paragraph 1 of the Financial Instruments and Exchange Law of Japan (Law No. 25 of 1948), as amended, or the FIEL, pursuant
to an exemption from the registration requirements applicable to a private placement of securities to Qualified Institutional Investors
(as defined in and in accordance with Article 2, paragraph 3 of the FIEL and the regulations promulgated thereunder). Accordingly, the
securities may not be offered or sold, directly or indirectly, in Japan or to, or for the benefit of, any resident of Japan other than
Qualified Institutional Investors. Any Qualified Institutional Investor who acquires securities may not resell them to any person in Japan
that is not a Qualified Institutional Investor, and acquisition by any such person of securities is conditional upon the execution of
an agreement to that effect.

Portugal

This document is not being distributed in the context
of a public offer of financial securities (oferta pública de valores mobiliários) in Portugal, within the meaning of Article
109 of the Portuguese Securities Code (Código dos Valores Mobiliários). The securities have not been offered or sold and
will not be offered or sold, directly or indirectly, to the public in Portugal. This document and any other offering material relating
to the securities have not been, and will not be, submitted to the Portuguese Securities Market Commission (Comissăo do Mercado
de Valores Mobiliários) for approval in Portugal