Company: FMST
Filing Date: 2025-07-08
Form Type: POS AM
Source: 0001171843-25-004344
Chunk: 27

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-07-08
Form: POS AM
Chunk 27
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 does not constitute
a public offer of the securities, whether by way of sale or subscription, in the People’s Republic of China (excluding, for purposes
of this paragraph, Hong Kong Special Administrative Region, Macau Special Administrative Region and Taiwan). The securities may not be
offered or sold directly or indirectly in the PRC to legal or natural persons other than directly to “qualified domestic institutional
investors.”

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European Economic Area — Belgium, Germany, Luxembourg and Netherlands

The information in this document has been prepared
on the basis that no offers of securities will be in member states (“Member State”) of the European Economic Area (the “EEA”)
other than:

| • | to legal entities that are qualified investors as defined in the Prospectus Regulation; |

| • | to fewer than 150 natural or legal persons (other than qualified investors within the meaning of the Prospectus 
 Regulation) subject to obtaining the prior consent of our company or any underwriter for any such offer; or     |

| • | in any other circumstances falling within Article 1(4) of the Prospectus Regulation, provided that no such                                     
 offer of securities shall result in a requirement for the publication by us of a prospectus pursuant to Article 3 of the Prospectus Directive. |

This prospectus has been prepared on the basis that
any offer of common shares in any Member State of the EEA will be made pursuant to an exemption under the Prospectus Regulation from the
requirement to publish a prospectus for offers of shares. Accordingly any person making or intending to make an offer in that Member State
of common shares which are the subject of the offering contemplated in this prospectus may only do so in circumstances in which
no obligation arises for the Company or any of the Representatives to publish a prospectus pursuant to Article 3 of the Prospectus Regulation
or supplement a prospectus pursuant to Article 23 of the Prospectus Regulation, in each case, in relation to such offer. Neither the Company
nor the Representatives have authorized, nor do they authorize, the making of any offer of common shares in circumstances in which an
obligation arises for the Company or the Representatives to publish a prospectus for such offer.

For the purposes of this provision, the expression
an “offer of common shares” in relation to any common shares in any Member State means the communication in any form and by
any means of sufficient information on the terms of the offer and the common shares to