Foremost Lithium Approved to List on Upstream – A Next Generation Market
Foremost Lithium Approved to List on Upstream – A Next
Generation Market
Trading.to.Commence.on.Upstream.July.97? .8680.under.Upstream.Ticker.
Symbol.FMST
VANCOUVER, British Columbia, July 25, 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 the approval 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”). Trading begins on Upstream July 31, 2024, at 10:00 am
ET under the ticker symbol FMST.
Upstream was designed to provide companies like Foremost the channel to access an 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 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 by the listing to Upstream.
“We.believe.securing.this.listing.on.Upstream.will.help.unlock.additional.liquidity.and.expand.our.
global.shareholder.base.by.reaching.untapped.international.markets,” said Jason Barnard, President
& CEO of Foremost Lithium. “As. we.continue. on. the.path. towards. future. value. creation. for. our.
stakeholders?.it.is.increasingly.important.that.we.can. share.our.developments.both.domestically.and.
internationally¡.We.look.forward.to.working.with.the.team.at.Upstream.for.our.listing.on.July.97.”
Existing non-U.S. and Canadian shareholders and investors outside North American markets may
prepare for the 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 visit
https://upstream.exchange. Upstream is currently accepting applications to dual list at
https://upstream.exchange/getlisted.
Options
The Company has renewed its agreement with the MZHCI, LLC (the “MZ Group”) located 27422 Aliso
Creek Road, Suite 250 , Aliso Viejo, CA 92656 USA, to continue its consulting service providing
investor relations and corporate communications for the Company across North American markets
for a period of twelve months commencing August 1, 2024, for USD $9,000 per month. The Company
has also granted the MZ Group a fully vested stock option to purchase an aggregate of up to 36,000
common shares of the Company at an exercise price of CAD $3.91 or (USD $2.84) per common share
of the Company, expiring five years from date of grant. The stock options are issued pursuant to the
Company’s Stock Incentive Plan and subject to compliance with all applicable securities laws the
policies of the Canadian Securities Exchange.
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 lit hium-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 statements” as such term is us ed 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. T hese 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. 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 ex isting
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 diluti on 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 o r
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 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 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.