Foremost Clean Energy to Present Strategic Update on Uranium Exploration Portfolio

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, highlighting its positioning within the evolving energy landscape as global demand for decarbonization solutions intensifies.

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 extensive land package represents a significant strategic position in one of the world's most productive uranium districts, providing Foremost with substantial exploration potential in a jurisdiction known for high-grade uranium deposits. The timing of this expansion aligns with increasing recognition of nuclear power's role in achieving global climate goals and transitioning away from fossil fuels.

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, leveraging geological expertise and modern exploration techniques to maximize discovery potential. This approach comes as many nations reconsider nuclear energy as a reliable baseload power source that can complement intermittent renewable energy sources like wind and solar.

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 essential for both nuclear and battery storage technologies. The dual focus on uranium and lithium positions the company to benefit from two key components of the clean energy transition, providing investors with exposure to complementary segments of the critical minerals market.

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 at a time when secure supply chains for critical minerals are becoming increasingly important for national energy security and climate objectives.