Foremost Clean Energy Engages RedChip Companies to Lead Investor Relations Efforts
Rhea-AI Summary
Foremost Clean Energy (NASDAQ: FMST) engaged RedChip Companies to lead investor relations and strategic communications, using digital distribution, webinars, roadshows and the Small Stocks, Big Money™ program to broaden investor outreach.
Under the agreement RedChip will be paid $11,000 per month starting January 19, 2026 for six months; no securities will be issued as compensation and RedChip reports holding no Foremost securities. Foremost highlighted planned multi-property exploration and multiple drill programs in the Athabasca Basin and an option to earn up to 70% interest in 10 uranium properties from Denison Mines. The engagement is subject to Canadian Securities Exchange approval.
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News Market Reaction – FMST
On the day this news was published, FMST declined 1.36%, reflecting a mild negative market reaction. This price movement removed approximately $422K from the company's valuation, bringing the market cap to $31M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
FMST gained 3.27% with elevated volume, while the momentum scanner only flagged ELBM (up 4.23%) and sector peers show mixed or flat moves, suggesting a stock-specific response to the IR engagement.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 22 | Exploration program update | Positive | -1.2% | Announced $9.0M 2026 exploration program across Athabasca and Jean Lake projects. |
| Dec 19 | AGM results | Positive | -1.2% | Shareholders approved directors, auditors, and amended stock incentive plan at AGM. |
| Dec 18 | Shareholder letter | Positive | +0.8% | Year-end update highlighting >100% share gain, drilling, gold and uranium results. |
| Dec 08 | Drill program completion | Positive | +5.1% | Completed 15-hole, 2,266 m drill program and began historic core re-sampling. |
| Dec 04 | Gravity survey plan | Positive | +7.7% | Announced ground-based gravity survey to refine targets for winter 2026 drilling. |
Recent news has often seen positive price alignment on operational updates, with some divergences on corporate or program-planning announcements.
Over the past months, Foremost reported several Athabasca Basin and Jean Lake milestones, including a ground-based gravity survey announcement on Dec 04, 2025, completion of a 15-hole, 2,266 metre drill program on Dec 08, 2025, and a year-end shareholder letter on Dec 18, 2025. A $9.0 million 2026 exploration program was detailed on Dec 22, 2025. Today’s investor relations-focused news fits into this broader effort to support exploration visibility and corporate communication.
Market Pulse Summary
This announcement centers on Foremost Clean Energy’s engagement of RedChip to lead investor relations for six months at $11,000 per month, supporting communication of its Athabasca Basin exploration plans and Denison-linked uranium portfolio. In recent months, the company has highlighted gravity surveys, drilling at Jean Lake, and a $9.0 million 2026 program. Investors may watch how this IR effort coincides with upcoming drill programs, assay updates, and execution on the stated exploration roadmap.
Key Terms
arm’s-length relationship financial
AI-generated analysis. Not financial advice.
VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost”" or the "Company") that it has engaged RedChip Companies, Inc. (“RedChip”) to lead its investor relations and strategic communications efforts. RedChip will employ its comprehensive, multi-channel investor relations platform, including global digital distribution, investor webinars, roadshows, and its Small Stocks, Big Money™ television program, to communicate Foremost’s story to a wide base of institutional and retail investors.
“We are entering a highly important phase of development for Foremost as we advance a robust, multi-property exploration program in the Athabasca Basin amid strong macro tailwinds for nuclear energy,” said Jason Barnard, President and Chief Executive Officer of Foremost Clean Energy. “With multiple drill programs planned this year, an option to earn up to
Dave Gentry, CEO of RedChip, commented, “Foremost Clean Energy offers investors a compelling combination of scale, strategic positioning, and leverage to some of the strongest structural demand drivers in the clean energy sector. With a diversified uranium portfolio in the Athabasca Basin, an experienced management and technical team, and a clear exploration roadmap, Foremost is well positioned for discovery-driven growth. We look forward to working closely with management to elevate the Company’s visibility, clearly articulate its investment thesis, and expand engagement with the global investment community through RedChip’s integrated investor relations, media, and digital distribution platform.”
Under the terms of the agreement, RedChip of 431 E Horatio Ave, Suite #100, Maitland, FL 32751 (email: FMST@redchip.com) will receive
About Foremost
Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (WKN: A3DCC8) is a North American uranium and lithium exploration company strategically positioned to support the accelerating demand for reliable, carbon-free energy. As artificial intelligence, data centers, and electrification drive unprecedented growth in global power consumption, the expanding need for reliable nuclear baseload power creates a direct and critical imperative for the sustained exploration required to secure its uranium feedstock.
The Company holds an option from Denison to earn up to
Foremost also has a portfolio of lithium projects at varying stages of development, which are located across 55,000+ acres in Manitoba and Quebec providing exposure to other critical materials underpinning electrification and energy storage.
For further information, please visit the Company’s website at www.foremostcleanenergy.com.
Contact and Information
Company:
Jason Barnard, President and CEO
+1 (604) 330-8067
info@foremostcleanenergy.com
Follow us or contact us on social media:
X: @fmstcleanenergy
LinkedIn: https://www.linkedin.com/company/foremostcleanenergy
Facebook: https://www.facebook.com/ForemostCleanEnergy
Investor Relations Contact:
Dave Gentry, CEO
RedChip Companies, Inc.
1-800-REDCHIP (733-2447)
1-407-644-4256
FMST@redchip.com
Forward-Looking Statements
Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute “forward-looking statements” as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect,” “is expected,” “anticipates” or “does not anticipate,” “plans,” “estimates” or “intends,” or stating that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, continuity of agreements with third parties and satisfaction of the conditions to the option agreement with Denison, risks and uncertainties associated with the environment, delays in obtaining governmental approvals, permits or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. and information. Please refer to the Company’s most recent filings under its profile at on Sedar+ at www.sedarplus.ca and on Edgar at www.sec.gov for further information respecting the risks affecting the Company and its business.
The CSE has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
FAQ
What investor relations firm did Foremost Clean Energy (FMST) hire on January 15, 2026?
How much will Foremost (FMST) pay RedChip and when does the engagement start?
Will RedChip receive shares of Foremost (FMST) as compensation?
Is the RedChip engagement for Foremost (FMST) final or subject to approval?
What operational plans did Foremost (FMST) highlight alongside the RedChip engagement?
Could the RedChip engagement change Foremost’s (FMST) shareholder dilution?
