Company: FMST
Filing Date: 2025-02-28
Form Type: 424B3
Source: 0001171843-25-001157
Chunk: 78

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-02-28
Form: 424B3
Chunk 78
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, 2026    |     | $        |     4.00 |     |                           |   247,471 |
| November 14, 2026 |     | $        |     4.00 |     |                           |   640,500 |
| November 14, 2026 |     | $        |     4.00 |     |                           |   832,500 |
| November 14, 2026 |     | $        |     4.00 |     |                           | 1,022,500 |
| November 14, 2026 |     | $        |     4.00 |     |                           |   550,000 |
| Total             |     |          |          |     |                           | 4,434,563 |

Issued and Outstanding Agents Warrants:

| Expiry Date       
 March 13, 2026    |     | Exercise 
 Price    |     3.40 |     | Balance      
 February 12, 
 2025         |   3,274 |
|:------------------|:----|:---------|---------:|:----|:-------------|--------:|
| April 29, 2026    |     | $        |     4.00 |     |              |      51 |
| November 14, 2026 |     | $        |     3.00 |     |              | 162,730 |
| August 21, 2028   |     | $        | USD 6.25 |     |              |  40,000 |
| Total             |     |          |          |     |              | 206,055 |

Issued and Outstanding Restricted Share Units:

| Grant Date        
 November 15, 2024 |     | Balance February 12, 2025 | 222,491 |
|:------------------|:----|:--------------------------|--------:|
| Total             |     |                           | 222,491 |

Except as disclosed above, there are no other options, warrants or other rights to acquire common shares of the Company outstanding. However, see “Overall Performance” for details of certain optional common share payments that the Company will be required to make in order to maintain and/or exercise its existing option agreements to acquire certain material property interests (the Manitoba Lithium Claims and the Zoro North Claims).

Additional Disclosure for Junior Issuers

The Company does not have sufficient working capital to