Company: FMST
Filing Date: 2025-08-06
Form Type: F-3
Source: 0001171843-25-005054
Chunk: 6

Company: Foremost Clean Energy Ltd.
Filing Date: 2025-08-06
Form: F-3
Chunk 6
---
 thus may not be comparable to financial
statements of United States companies.

Purchasers of the Securities should
be aware that the acquisition of the Securities may have tax consequences in the United States and in Canada. Such consequences for purchasers
who are resident in, or citizens of, the United States, or who are resident in Canada may not be described fully herein or in any applicable
Prospectus Supplement. Purchasers of the Securities should read the tax discussion contained in the applicable Prospectus Supplement with
respect to a particular offering of Securities.

No underwriter has been involved
in the preparation of this Prospectus nor has any underwriter performed any review of the contents of this Prospectus.

Investing in our securities involves
a high degree of risk, including the risk of losing your entire investment. See the section titled “Risk Factors” beginning
on page 7 to read about factors you should consider before buying our securities.

Neither the United States Securities
and Exchange Commission nor any state securities commission nor any other regulatory body has approved or disapproved of these securities
or determined if this Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.**

<div align='center'>The date of this Prospectus is August 5, 2025.</div>

### TABLE OF CONTENTS

#### Page
| ABOUT THIS PROSPECTUS                                                               |  1 |
| PROSPECTUS SUMMARY                                                                  |  2 |
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS                                |  4 |
| STATUS AS AN EMERGING GROWTH COMPANY                                                |  5 |
| STATUS AS A FOREIGN PRIVATE ISSUER                                                  |  5 |
| DOCUMENTS INCORPORATED BY REFERENCE                                                 |  6 |
| RISK FACTORS                                                                        |  7 |
| MATERIAL CHANGES                                                                    |  8 |
| CAPITALIZATION AND INDEBTEDNESS                                                     |  8 |
| USE OF PROCEEDS                                                                     |  9 |
| PLAN OF DISTRIBUTION                                                                |  9 |
| DESCRIPTION OF COMMON SHARES                                                        |  9 |
| DESCRIPTION OF PREFERRED SHARES                                                     | 10 |
| DESCRIPTION OF WARRANTS                                                             | 11 |
| DESCRIPTION OF UNITS                                                                | 13 |
| DESCRIPTION OF SUBSCRIPTION RECEIPTS                                                | 13 |
| TRADING                                                                             | 17 |
| DILUTION                                                                            | 17 |
| EXPENSES OF ISSUANCE AND DISTRIBUTION                                               | 17 |
| DISCLOSURE