Welcome to our dedicated page for Foremost Clean Energy SEC filings (Ticker: FMST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Foremost Clean Energy Ltd.’s SEC filings document foreign-issuer current reports for its mineral exploration business and related capital structure. Form 6-K submissions incorporate press releases on uranium and gold-lithium exploration, including Hatchet Lake drill programs, CLK geophysical surveys, Jean Lake sampling and drilling, and exploration agreements in Manitoba.
The filing record also includes financing documents tied to a bought-deal private placement, such as an underwriting agreement, subscription agreement and warrant indenture, and references a Form F-3 registration statement. These disclosures cover flow-through units, common share purchase warrants, project updates, formal exhibits, and capital-raising terms.
Foremost Clean Energy Ltd. is advancing Phase 2 of its option agreement with Denison Mines, expecting to complete this earn-in about 15 months early by issuing up to 848,610 shares valued at $2 million. Foremost has already completed more than $8 million in qualifying exploration work. On Phase 2 completion, its interest in 10 Athabasca uranium projects will rise to 51%, with a 35.78% interest at Hatchet Lake. Denison’s holdings are expected to increase from 2,600,000 to 3,448,610 Foremost shares, representing about 19.9% of the company’s outstanding shares, plus 607,600 warrants.
Foremost Clean Energy Ltd. provides its annual overview as an exploration-stage uranium and lithium company focused on projects in Saskatchewan’s Athabasca Basin and Manitoba’s “Lithium Lane” properties. The company has no revenues and remains in the exploration stage with significant technical and permitting work ahead.
As of March 31, 2026, Foremost had 16,280,580 common shares outstanding, cash of $6,342,205 (US$4,549,971), and reported a net loss of $6,898,108 (US$4,948,783), following a prior-year loss of $3,615,375. Its auditors prepared financials on a going concern basis, noting future operations depend on additional equity or debt financing and eventual profitable production that is uncertain. The report details extensive risk factors typical for early-stage miners, including financing risk, permitting, environmental regulation, title, competition and commodity price volatility.
Foremost Clean Energy Ltd. reported receiving a $50,000 grant from Saskatchewan’s Targeted Mineral Exploration Incentive program to support its uranium exploration work in the Athabasca Basin. The company plans to use the funds for geological, geophysical and drill-target development on its Saskatchewan uranium portfolio.
Foremost also granted 201,969 stock options and 266,035 restricted share units under its Long-Term Incentive Plan to directors, officers, employees and consultants. The options are exercisable at $2.30 per share for five years, and all awards vest in three equal tranches on April 1, 2027, April 1, 2028 and April 1, 2029, aligning management and staff with long-term shareholder interests.
Foremost Clean Energy Ltd. is inviting investors to a live webinar and Q&A on June 3, 2026, at 4:15 p.m. ET, hosted by RedChip Companies. President and CEO Jason Barnard will update attendees on uranium exploration across the company’s 10-property portfolio in the Athabasca Basin and its collaboration with Denison Mines.
The discussion will also cover lithium and gold exploration initiatives, the company’s capital position, and 2026 exploration objectives. Foremost positions itself as a North American uranium and lithium exploration company focused on supplying materials for carbon-free energy as power demand from AI, data centers, and electrification grows.
Foremost Clean Energy Ltd. is issuing 137,590 common shares to Denison Mines Corp. under an existing investor rights agreement, at a price of $2.44 per share for aggregate proceeds of $335,719.60. The shares will be issued via a private placement and will be subject to a hold period of four months and one day.
The company plans to use the proceeds to advance exploration across its 330,000 acres of Athabasca Basin uranium properties, including the Hatchet Lake Uranium Project, and for general corporate purposes. Following completion, Denison is expected to hold 2,600,000 Foremost common shares, representing about 15.8% of the company’s issued and outstanding shares, plus 607,600 warrants.
Foremost Clean Energy Ltd. reports the completion of its 2026 drill program at the Hatchet Lake South Uranium Project, which expanded the Tuning Fork Uranium Zone in Saskatchewan’s Athabasca Basin. A key new intercept in hole TF-26-36 returned 0.18% eU₃O₈ over 2.9 metres, extending the northern extent of uranium mineralization by about 100 metres.
The strongest interval of the program came from hole TF-26-30, which intersected 0.34% eU₃O₈ over 4.6 metres, including 1.0% eU₃O₈ over 1.4 metres. Overall, uranium mineralization exceeding 0.05% eU₃O₈ was intersected in six drillholes across four of five drill fences in a 19‑hole, 3,848‑metre program.
Approximately 600 metres of conductive strike length at the Tuning Fork trend remain open to the south for follow-up drilling. Foremost has also started a 750–1,000 metre diamond drill program at the Richardson SE target on Hatchet Lake North, testing more than 5 kilometres of untested conductors within another prospective structural corridor.
Foremost Clean Energy Ltd. provided an exploration update on its 25,753-acre CLK Uranium Property in Saskatchewan’s Athabasca Basin. A 2025 helicopter-borne MobileMT electromagnetic and magnetic survey covering 808 line-kilometres mapped conductive and resistive features tied to structures prospective for unconformity-style uranium mineralization.
The company then completed an ambient noise tomography survey using 221 sensors over roughly 7.5 × 3.8 km to image subsurface shear-wave velocities to about 2 km depth. These datasets are being integrated to define high-priority drill targets near historic hole CLG-D1, which intersected 8,600 ppm U (approx. 1.01% U3O8), and CLG-D5, which intersected 510 ppm U (approx. 0.06% U3O8). Historical uranium values are based on legacy XRF data and are not compliant with current standards.
The CLK Property is fully permitted for a multi-phase exploration program including up to 30 diamond drill holes, and the technical content was reviewed by a Qualified Person under National Instrument 43-101.
Foremost Clean Energy Ltd. reported new uranium exploration results from its 2026 drill program at the Hatchet Lake South Project in Saskatchewan’s Athabasca Basin. Drilling at the newly named Tuning Fork Uranium Zone has expanded mineralization to over 150 metres of strike length stepping out from the 2025 discovery hole.
Ten diamond drill holes totaling 2,113 metres have been completed so far, with five intersecting unconformity-related uranium mineralization above the company’s 0.05% eU₃O₈ reporting threshold. The best interval is 0.34% eU₃O₈ over 4.6 metres in hole TF-26-30, including 1.0% eU₃O₈ over 1.4 metres.
Management highlights consistent uranium mineralization and hydrothermal alteration at the Athabasca unconformity across three drill fences and plans further drilling to extend the zone northward and refine the geometry while also advancing additional high-priority targets on the broader Hatchet Lake Project.
Foremost Clean Energy Ltd. entered into a bought-deal underwriting for 1,618,000 flow-through units at $3.40 per unit, raising gross proceeds of $5,501,200. Each unit includes one flow-through common share and half a warrant, with each whole warrant exercisable at $4.40 for 24 months after closing.
The company granted the underwriter an option to sell up to an additional 242,700 units at the same price for potential extra proceeds of $825,180. Proceeds are to fund qualifying exploration programs in Saskatchewan and Manitoba, with associated tax benefits renounced to Canadian investors under Canada’s flow-through share rules.
Foremost Clean Energy Ltd. completed a bought deal private placement of flow-through units, raising aggregate gross proceeds of C$5,746,680. The company issued 1,690,200 flow-through units at C$3.40 per unit, each including one flow-through share and half a warrant.
Each whole warrant allows investors to buy one common share at C$4.40 until March 31, 2028. Certain directors subscribed for 63,000 units. Foremost plans to use an amount equal to the gross proceeds on qualifying Canadian exploration expenses in Saskatchewan and Manitoba and renounce these tax benefits effective December 31, 2026.