Foremost Lithium Announces Application to List on Upstream – A Next Generation Exchange
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Foremost Lithium Announces Application to List on Upstream – A Next
Generation Exchange
New Exchange Listing Application to Broaden Access to Global Audience Investing with Digital
Currency & Traditional Payments
VANCOUVER, British Columbia, June 20, 2024 -- Foremost Lithium Resource & Technology Ltd.
(NASDAQ: FMST ) (CSE: FAT ) (“ Foremost Lithium”, “ Foremost” or the “ Company”), a North
American hard -rock lithium exploration company , today announced that it has submitted an
application to list its shares on Upstream , a revolutionary securities trading app designed to
eliminate barriers for international investment into North America while not competing with
other exchanges domestically, such as Nasdaq and the Canadian Securities Exchange (“ the CSE”).
Upstream was designed to provide companies like Foremost the channel to access a n
international, digital-first investor base that trade using USDC digital currency along with credit,
debit, PayPal, and USD which could unlock liquidity and enhance price discovery. The planned
uplisting is expected to enhance Foremost’s global investment exposure and potential
investment opportunities. Foremost’s current shareholders and its listings on Nasdaq and CSE
will not be affected upon a successful listing to Upstream.
“We believe that our application with Upstream will help Foremost potentially maximize liquidity
and enhance price discovery for potential shareholders, providing reach to a new international
base of investors,” said Jason Barnard, President & CEO of Foremost Lithium. “Upstream is a fully
regulated global trading app with an audience of investors who are not bound by geography or
currency parameters, typically in regions where investing into a U.S. or Canadian-listed security
can be an arduous process for international transactions. Upstream will act as an excellent vehicle
to reach an untapped international market of potential new shareholders.”
Approval to be listed on Upstream is subject to acceptance by MERJ. However, as an existing
Nasdaq issuer, Foremost may be eligible for an expedited listing process. Existing non-U.S. and
Canadian shareholders and investors outside North American markets may prepare for the
potential listing by downloading Upstream from their preferred app store at
https://upstream.exchange/, creating an account by tapping sign up, and completing a simple KYC
identity verification. Note, U.S. or Canadian persons may not deposit, buy, or sell securities on
Upstream.
About Upstream
Upstream, a MERJ Exchange market (https://merj.exchange/), is a global securities trading app.
Powered by Horizon's proprietary, transparency-first, matching engine, Upstream allows
investors outside of the U.S. to trade securities using just an app. For more information, please
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visit https://upstream.exchange/. Upstream is currently accepting applications to dual list at
https://upstream.exchange/getlisted.
About Foremost Lithium
Foremost Lithium (NASDAQ: FMST) (CSE: FAT) (FSE: F0R0) (WKN: A3DCC8) is a hard -rock lithium
exploration company focused on empowering the North American clean energy economy.
Foremost’s strategically located lithium properties extend over 43,000 acres in Snow Lake,
Manitoba, and hosts a property in a known active lithium camp situated on over 11,400 acres in
Quebec called Lac Simard South.
Foremost’s four flagship Lithium Lane Projects as well as its Lac Simard South project are located
at the tip of the NAFTA superhighway to capitalize on the world’s growing EV appetite, strongly
positioning the Company to become a premier supplier of North America’s lithium feedstock. As
the world transitions towards decarbonization, the Company’s objective is the extraction of
lithium oxide (Li₂O), and to subsequently play a role in the production of high- quality lithium
hydroxide (LiOH), to help power lithium -based batteries, critical in developing a clean -energy
economy. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA. Learn
More at www.foremostlithium.com.
Contact and Information
Company
Jason Barnard, President and CEO
+1 (604) 330-8067
Investor Relations
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
www.mzgroup.us
Follow us or contact us on social media:
Twitter: @foremostlithium
Linkedin: https://www.linkedin.com/company/foremost-lithium-resource-technology
Facebook: https://www.facebook.com/ForemostLithium
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
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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 disc ussions 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. Forward-looking statements in this news release include, among others, statements
relating to: the listing on Upstream, the timing, process and conditions thereof, the impact on liquidity and price
discovery of such listing and the impact on current shareholders and existing listings and the ability of Foremost to
reach international investors. 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, accidents, labor disputes and other risks
of the automotive industry including, without limitation, those associated with the environment, delays in obtaining
governmental approvals, permits or financing or in the completion of development or construction activities or
claims limitations on insurance coverage. 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 t o 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
www.sedarplus.ca for further information respecting the risks affecting the Company and its business.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and
accepts no responsibility for the adequacy or accuracy hereof.