Past year: ▲ 1911%(8.57c – 6.54 USD)
Each one in plain English, with the numbers worked through for a shareholder.
20 Feb 2025drilling result▲ Good
Assays from Hatchet showed multiple intercepts of uranium mineralization, which the company says confirm high-priority targets for a follow-up drill program. Grades are not in the text provided. Follows the October preliminary results.
20 Nov 2024business combination● Neutral
The company corrected a statement about a Red Cloud contract and gave details of the plan of arrangement, saying shareholders at the December 20, 2024 meeting would be eligible to receive 2 (text cut off, presumably Rio Grande shares per the July announcement). Continues the Winston spin-out.
15 Nov 2024business combination● Neutral
The shareholder meeting to vote on the Winston gold/silver spin-out was rescheduled to December 20, 2024, and shareholders were urged to vote in favour. Continues the plan of arrangement announced in July.
22 Oct 2024drilling progress report▲ Good
The company announced positive preliminary results from its recently completed drill program at the Hatchet Lake uranium property. The text provided gives no figures. This is the first drilling on the Denison-optioned uranium properties.
7 Oct 2024joint venture update▲ GoodMajor
Foremost, now named Foremost Clean Energy, completed the first phase of the Denison option agreement on 10 Athabasca uranium properties. Denison becomes its largest shareholder at 19.95%. Continues the September agreement; later phases are not described in the text provided.
24 Sept 2024business combination▲ GoodMajor
Foremost announced an option agreement with Denison on 10 uranium projects covering over 330,000 acres in the Athabasca Basin, Saskatchewan. The headline describes the opportunity to acquire up to a 70% interest. This is a new uranium business alongside the lithium projects.
14 Aug 2024drilling result▲ Good
The company reported drill results from Zoro holes FL24-009, FL24-0010 and FL24-0020, including 1.10% Li2O at 10 metres, with FL24-009 confirming 1.15% Li (text cut off). These are assay confirmations of the earlier Dyke 1 intercepts.
30 July 2024business combination● NeutralMajor
Foremost set a date for a special shareholder meeting on a plan of arrangement to spin out the Winston group of gold/silver properties. Shareholders would receive two Rio Grande Resources shares for each Foremost share. This relates to the New Mexico gold/silver assets acquired in 2023.
30 Apr 2024capital raising announcement● Neutral
The company closed the second tranche of its flow-through private placement for gross proceeds of $1.455 million. This follows the first tranche of $1.629 million in March. Share terms are not in the text provided.
8 Apr 2024drilling result▲ Good
Further Zoro Dyke 1 drill results: hole FL24-010 confirmed 1.09% Li2O over 9.88 m starting at 177.57 m, and the headline cites 25.92 metres of lithium mineralization. Adds to the earlier FL 24-009 result.
27 Mar 2024drilling result▲ GoodMajor
Drill hole FL 24-009 at Zoro Dyke 1 in Manitoba hit 32.53 metres of spodumene-bearing pegmatite, which the company calls its widest intercept to date. Grades are not in the text provided. Continues the winter drill program.
14 Mar 2024capital raising announcement● NeutralMajor
The company closed the first tranche of flow-through and non-flow-through private placements for gross proceeds of $1.629 million. The text does not give the share price or the number of shares issued. New shares are issued for the money raised.
28 Feb 2024regulatory community update● Neutral
Foremost announced a $10 million application to the Government of Canada's Critical Mineral Infrastructure Fund, a $1.5 billion fund. This is an application only; no award has been made.
13 Feb 2024drilling progress report▲ Good
Drilling began at the Zoro lithium project, as announced in December. The company describes Dyke 1 as its maiden resource and says it remains open along strike and at depth, making it the focus for expansion.
28 Dec 2023drilling result▲ GoodMajor
Foremost announced a 7,500 metre winter drill program at its Zoro lithium property. Drilling will focus on the inferred resource at Dyke 1, a single high-grade spodumene pegmatite. This follows the October preparations for a winter drill program.
19 Oct 2023auditor change● Neutral
The company filed a notice of change of auditor addressed to Davidson & Company LLP and MNP LLP and to securities regulators. The text does not state who is leaving or joining; as an inference, the change is from Davidson to MNP, since MNP provided a letter. No reason is given.
17 Oct 2023business combination● NeutralMajor
Foremost finalized the acquisition of the Little Granite gold/silver mine in New Mexico and gave a business update on its Winston group of properties. This adds gold and silver assets alongside the lithium projects. Price and terms are not in the text provided.
12 Oct 2023drilling result▲ Good
Rock samples from the Zoro and Jean Lake properties returned up to 2.13% Li2O and 1.86% Li2O, and the company began preparing for a winter drill program. These are surface sample results, building on the September sampling program.
19 Sept 2023business combination▲ GoodMajor
Foremost finalized the acquisition of the Lac Simard South property in Quebec, which the headline says includes 12 identified pegmatites. The headline says the property is located to potentially support a direct shipping ore strategy. Adds a Quebec lithium property to the company's holdings.
11 Sept 2023drilling progress report▲ Good
The company said it finished its pre-drill exploration program. A 19-day mapping and sampling program on its Lithium Lane properties led to the collection of seventy-one (the text cuts off before saying what). Follows the August announcement of the program.
5 Sept 2023drilling progress report● Neutral
The company announced an extensive exploration program ahead of its upcoming drill season. The filing is a cover page for the press release, and no results or figures are given in the text provided.
24 Aug 2023capital raising announcement▲ GoodMajor
Foremost Lithium announced it closed a USD $4.0 million public offering and a listing. The filing only attaches the press release, so the terms (share count, price, exchange) are not in the text provided. New money raised, with shares issued to investors.
