Company: FMST
Filing Date: 2025-08-06
Form Type: F-3
Source: 0001171843-25-005054
Chunk: 15

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-08-06
Form: F-3
Chunk 15
---
 be a foreign private issuer at such time as more than 50% of our outstanding
voting securities are held by United States residents and any of the following three circumstances applies: (1) the majority of our
executive officers or directors are United States citizens or residents; (2) more than 50% of our assets are located in the United
States; or (3) our business is administered principally in the United States. If we lose our “foreign private issuer status”
we would be required to comply with Exchange Act reporting and other requirements applicable to United States domestic issuers, which
are more detailed and extensive than the requirement for foreign private issuers.

| 5 |

### DOCUMENTS INCORPORATED BY REFERENCE
Information has been incorporated by reference in this Prospectus from documents filed with, or furnished to, the SEC. Copies of the documents incorporated herein by reference
may be obtained on written or oral request without charge from Foremost Clean Energy Ltd., at 750 West Pender Street, Suite 250 Vancouver,
British Columbia Canada V7Y 1K3 Canada, telephone: (604) 330-8067 or by accessing the disclosure documents through the internet on the
SEC’s Electronic Data Gathering, Analysis, and Retrieval System at www.sec.gov/edgar.

The following documents, filed with the SEC, are specifically
incorporated by reference into, and form an integral part of, this Prospectus:

| b) | the description of our Common Shares contained in our Registration Statement on Form F-1 (File No. 333-272028), 
 filed with the SEC on May 18, 2023.                                                                             |

**In addition, this Prospectus shall also be
deemed to incorporate by reference all subsequent annual reports filed on Form 20-F, Form 40-F or Form 10-K, and all
subsequent filings on Forms 10-Q and 8-K (as applicable) filed by us pursuant to the Exchange Act prior to the termination of
the offering made by this Prospectus. We may incorporate by reference into this Prospectus any Form 6-K that is furnished to
the SEC after the date of the filing of the registration statement of which this Prospectus forms a part and before the date of
termination of any related offering. Any such Form 6-K that we intend to so incorporate shall state in such form that it is
being incorporated by reference into this Prospectus. The documents incorporated or deemed to be incorporated herein by