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FAT.CN ·

Foremost Lithium Resource & Technology Ltd. Announces Stock Option Grant

Share Capital & Compensation

Foremost Lithium Resource & Technology Ltd.

Announces Stock Option Grant

Vancouver, British Columbia--(Newsfile Corp. - September 2, 2022) -

Foremost Lithium Resource &

Technology Ltd.

(CSE: FAT)

("Foremost" of the "Company")

announces that it has granted

incentive stock options to a consultant of the Company to purchase an aggregate of 1,000,000 common

shares of the Company at an exercise price of $0.255 per common share expiring three years from the

date of grant. The stock options are granted in accordance with the Company's Stock Option Plan, which

was approved by the shareholders at the Company's annual general meeting, and the policies of the

Canadian Securities Exchange.

For and on behalf of the Board

John Gravelle

President and CEO

Information Contact

John Gravelle, President & CEO

Foremost Lithium Resource & Technology, LTD.

[email protected]

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.

Forward-Looking Statements

This news release may contain forward-looking statements, which relate to future events or future

performance, including planned exploration, and reflect management's current expectations and

assumptions. Such forward-looking statements reflect management's current beliefs and are based

on assumptions made by and information currently available to the company. Readers are cautioned

that these forward looking statements are neither promises nor guarantees, and are subject to risks

and uncertainties that may cause future results to differ materially from those expected. All of the

forward-looking statements made in this news release are qualified by these cautionary statements

and those in our continuous disclosure filings available on SEDAR at

www.sedar.com

. These forward-

looking statements are made as of the date hereof and the company does not assume any obligation

to update

or revise them to reflect new events or circumstances save as required under applicable

securities legislation. This news release does not constitute an offer to sell securities and the

company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or

sale would be unlawful prior to registration or qualification under the securities laws of such

jurisdiction.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/135909