Foremost Clean Energy Grants Stock Options
Foremost Clean Energy Grants Stock Options
VANCOUVER, British Columbia, August 14, 2026 – Foremost Clean Energy Ltd. (NASDAQ: FMST)
(CSE: FAT) (“Foremost” or the “Company”) is pleased to announce that it has granted a total of
68,000 stock options (the "Options") to certain officers, employees and consultants of the Company
pursuant to the Company's Long-Term Incentive Plan. The Options are intended to align the interests
of management, employees and consultants with those of shareholders while supporting the
Company's long-term strategy.
The Options are exercisable at $1.87 subject to applicable the Canadian Securities Exchange and
Nasdaq requirements and a have a term of five years. The Options vest in three equal annual
installments on April 1, 2027, April 1, 2028 and April 1, 2029. All Options are subject to the terms of
the Company's Long-Term Incentive Plan and applicable securities law hold periods.
About Foremost
Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (WKN: A3DCC8) is a North American
uranium, lithium, and gold exploration company strategically positioned to support the long-term
growth in demand expected for reliable, carbon-free energy sources.
The Company holds an option from Denison Mines Corp. to earn up to a 70% interest in 10
prospective uranium properties (except for the Hatchet Lake, where Foremost can earn up to 51%),
spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin region of northern
Saskatchewan. The Company’s exploration efforts benefit from access to extensive historic drilling
and geophysical data for targeting high-potential, mineralized trends. To date, Foremost has
completed geophysical surveys and multiple drill campaigns that have generated encouraging
results and defined high-priority exploration targets for follow-up drilling.
Foremost also has a portfolio of lithium-focused projects at varying stages of development spanning
43,000+ acres in Manitoba, providing exposure to other critical materials essential in electrification
and energy storage.
For further information, please visit the Company s website at www.foremostcleanenergy.com.
Contact and Information
Company
David Cates, Interim President and CEO
(416) 979-1991 ext. 362
Follow us or contact us on social media:
X: @fmstcleanenergy
LinkedIn: https://www.linkedin.com/company/foremostcleanenergy
Facebook: https://www.facebook.com/ForemostCleanEnergy
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.