Foremost Clean Energy to Host Virtual Update on Uranium Exploration Strategy

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) will present a live virtual corporate update on June 5, 2025, at 2:00 p.m. ET, hosted by Red Cloud Financial Services. The presentation will provide insights into the company's strategic approach to uranium exploration in North America, focusing on its significant land position in the Athabasca Basin region. This timing coincides with increasing global emphasis on nuclear power as a key component of decarbonization strategies, making the company's exploration activities particularly relevant to current energy transition discussions.

The company currently holds options on 10 properties from Denison Mines Corp. in the Athabasca Basin, spanning over 330,000 acres in a region renowned for its uranium resources. This substantial land package positions Foremost Clean Energy as a significant player in one of the world's most productive uranium districts. The Athabasca Basin has historically been the source of major uranium discoveries, and the company's strategic positioning there reflects its commitment to contributing to North America's energy security and clean energy goals.

During the virtual update, Foremost will outline its exploration strategy, which focuses on identifying and testing drill-ready targets with potential mineralization near recent major discoveries. The company aims to support global energy-transition goals by developing its uranium portfolio in a top-tier jurisdiction. This approach comes at a time when many nations are reevaluating their energy policies to include more nuclear power as part of their climate change mitigation strategies, creating potential opportunities for uranium producers and explorers.

In addition to its uranium interests, Foremost maintains a secondary portfolio of lithium projects across Manitoba and Quebec, covering over 50,000 acres. This diversified approach reflects the company's commitment to contributing to the clean energy ecosystem through multiple critical minerals. The combination of uranium and lithium projects positions the company to benefit from the broader transition to clean energy technologies, including both nuclear power and battery storage solutions that are essential for renewable energy integration.

The virtual event will include a live Q&A session following the presentation, with a replay available to all registrants. This update provides an opportunity for investors and stakeholders to gain deeper insights into Foremost Clean Energy's strategic vision and potential contributions to the evolving energy landscape. The company's focus on both uranium and lithium exploration demonstrates a comprehensive approach to supporting the global transition to cleaner energy sources through multiple pathways.