- CEO
- Jason Barnard
- Full Time Employees
- 3
- Sector
- Basic Materials
- Industry
- Chemicals
- Address
- 700 West Georgia Street Vancouver BC Canada V6C 2T7
- IPO Date
- Dec 13, 2011
- Business
- Foremost Clean Energy Ltd., formerly Foremost Lithium Resource & Technology Ltd., is a Vancouver-based mineral exploration company focused on uranium and lithium properties in North America. Incorporated in 2005 and headquartered at 750 West Pender Street, Suite 250, Vancouver, British Columbia, Canada, the company operates primarily in the Athabasca Basin of Saskatchewan for uranium and Snow Lake region of Manitoba and Quebec for lithium, targeting the clean energy transition through discovery of critical minerals for nuclear power and electric vehicle batteries. Its uranium portfolio includes an option to earn up to 70% interest in 10 prospective properties spanning over 330,000 acres (134,509 hectares), such as Eastern Athabasca projects (Murphy Lake South, Hatchet Lake, Turkey Lake, Torwalt Lake, Marten, Wolverine, and Epp Lake) with historical mineralization and drill-ready targets near major operations like McClean Lake and Cigar Lake; and Blue Sky properties (Blackwing, GR Property, and CLK Property) offering grassroots exploration potential along key faults. The secondary lithium portfolio covers over 55,000 acres (22,305 hectares) including Lithium Lane properties (Zoro Lithium Project, Jean Lake Lithium-Gold Project, Peg North Project, Grass River Claims Project, and Jol Lithium Project) and Lac Simard South, strategically located near infrastructure, renewable power grids, and North American EV manufacturing hubs. In September 2024, the company executed a transformative option agreement with Denison Mines Corp. to acquire the uranium properties, involving cash, shares, and exploration commitments across three phases, alongside a name change to Foremost Clean Energy Ltd. and anticipated board addition of Denison's President and CEO David Cates, with trading under tickers FMST (Nasdaq) and FAT (CSE). This strategic pivot enhances collaboration on high-potential Athabasca exploration while retaining lithium assets amid rising demand for domestic uranium and battery metals.