Welcome to our dedicated page for Foremost Clean Energy news (Ticker: FMST), a resource for investors and traders seeking the latest updates and insights on Foremost Clean Energy stock.
Foremost Clean Energy (FMST) provides comprehensive news coverage for its uranium and lithium exploration activities across North America. This dedicated resource aggregates official press releases and verified updates about project developments, strategic partnerships, and operational milestones.
Investors and industry observers will find timely information on grassroots exploration initiatives, drill-ready targets, and technical advancements in mineral discovery. The curated collection includes updates about Manitoba lithium prospects, Quebec uranium projects, and corporate developments shaping FMST's position in clean energy resources.
All content undergoes strict verification to ensure accuracy and relevance to stakeholders. Regular updates cover essential aspects including geochemical survey results, land acquisition announcements, and exploration methodology enhancements. Bookmark this page for direct access to primary source information about FMST's evolving portfolio and market activities.
Foremost Clean Energy (NASDAQ: FMST) has announced plans to conduct a comprehensive 5,000 line-kilometer MobileMT™ airborne geophysical survey across its GR and Blackwing Uranium Properties in Saskatchewan's Athabasca Basin. The survey, scheduled to begin mid-July 2025, will utilize advanced technology capable of detecting deep conductive structures up to 2 kilometers deep that may host uranium deposits.
The properties are strategically located along two major structural corridors: the Grease River Shear Zone and Black Bay Fault, both known for uranium mineralization potential. Additionally, the company announced the issuance of 413,100 Restricted Stock Units (RSUs) to management and staff, vesting in three equal installments between 2026 and 2028.
Foremost Clean Energy (NASDAQ: FMST) has announced the commencement of drilling at its Murphy Lake South Uranium Property in Saskatchewan's Athabasca Basin. The fully funded program will test high-priority structural corridors near the LaRocque Lake Conductive Corridor, home to IsoEnergy's Hurricane Deposit.
Historical drilling by Denison Mines (2008-2017) revealed promising uranium mineralization, including intercepts of 0.25% U₃O₈ over 6 meters and 0.13% U₃O₈ over 12.5 meters. The Phase 1 drilling program, scheduled for July 2025, will comprise approximately 1,500 meters of diamond drilling, targeting graphitic faults and offset structures at depths of 200-350 meters.
The 17,676-acre property is located 30 kilometers northwest of the McClean Lake mill and shows key indicators of an Athabasca unconformity-style uranium system.
Foremost Clean Energy (NASDAQ: FMST) has initiated a radon geochemical survey at its Wolverine Uranium Property in Saskatchewan's Athabasca Basin. The property, located approximately 15 kilometers from the Cigar Lake Mine, consists of three mineral claims covering 12,444 acres.
The survey targets an area with known structural offset of the sub-Athabasca unconformity, a geological feature associated with high-grade uranium deposits. The property, developed in collaboration with Denison Mines, has shown historical uranium mineralization in faulted pegmatite basement rocks, with unconformity depths ranging from 140 to 300 meters below surface.
Foremost Clean Energy (NASDAQ: FMST) has successfully regained compliance with Nasdaq's minimum bid price requirement after its stock price surged 264% from April 7 to May 22, 2025, reaching US$2.60 per share. The company, focused on uranium and lithium exploration in North America, received confirmation from Nasdaq on May 23, 2025, that it had maintained the required minimum closing bid price of US$1.00 for the necessary period.
CEO Jason Barnard highlighted the significance of President Trump's executive orders that aim to quadruple nuclear energy capacity to 400 GW by 2050. The company's strategic partnership with Denison Mines positions it advantageously in the Athabasca Basin, with potential to accelerate discovery and production timelines as Denison prepares to start construction of Canada's first ISR uranium mine in 2026.
Foremost Clean Energy Ltd. (NASDAQ: FMST) has announced its participation in a live virtual corporate update hosted by Red Cloud Financial Services, scheduled for June 5th, 2025 at 2:00 PM ET. During the presentation, the company plans to discuss its portfolio of 10 optioned properties acquired from Denison Mines Corp. in the Athabasca Basin, along with its strategic plans for developing one of North America's most significant uranium portfolios. The event will include a Q&A session, and a replay will be available to all registrants and on Red Cloud's website.