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

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-08-06
Form: F-3
Chunk 3
---
 satisfaction of certain release conditions, and for no additional consideration, Equity Securities, Debt Securities, Warrants,
or Units (“Subscription Receipts”, and together with the Equity Securities, Debt Securities, Warrants and Units, the
“Securities”) of up to US$100,000,000 aggregate initial offering price of Securities (or the equivalent thereof in
one or more foreign currencies or composite currencies, including United States dollars) during the 36-month period that this registration
statement, including any amendments thereto, remains effective. Securities may be offered separately or together, in amounts, at prices
and on terms to be determined based on market conditions at the time of as set forth in an accompanying shelf Prospectus Supplement.

The specific terms of the Securities with respect
to a particular offering will be set out in the applicable Prospectus Supplement and may include, where applicable (i) in the case
of Common Shares, the number of Common Shares offered and the offering price; (ii) in the case of Preferred Shares, the designation of
the particular class and series, the number of Preferred Shares offered, the offering price, dividend rate, if any, and any other specific
terms of the Preferred Shares being offered; (iii) in the case of Debt Securities, the specific designation, aggregate principal amount,
the currency or the currency unit for which the Debt Securities may be purchased, the maturity, interest provisions, authorized denominations,
the offering price, covenants, events of default, any terms for redemption or retraction, any exchange or conversion terms, whether the
debt is senior or subordinated and any other specific terms of the Debt Securities being offered; (iv) in the case of Warrants, the designation,
number and terms of the Equity Securities or Debt Securities purchasable upon exercise of the Warrants, any procedures that will result
in the adjustment of these numbers, the exercise price, dates and periods of exercise, the currency in which the Warrants are issued and
any other specific terms of the Warrants being offered; (v) in the case of Units, the designation and terms of the Units and of the
Securities comprising the Units and any other specific terms of the Units being offered; and (vi) in the case of Subscription Receipts,
the number of Subscription Receipts, the offering price (or the manner of determination thereof if offered on a non-fixed price basis),
the procedures for the exchange of Subscription Receipts, the amount and type of securities that holders thereof will receive upon