<SEC-DOCUMENT>0001171843-25-002754.txt : 20250505
<SEC-HEADER>0001171843-25-002754.hdr.sgml : 20250505
<ACCEPTANCE-DATETIME>20250505170004
ACCESSION NUMBER:		0001171843-25-002754
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250505
FILED AS OF DATE:		20250505
DATE AS OF CHANGE:		20250505

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Foremost Clean Energy Ltd.
		CENTRAL INDEX KEY:			0001935418
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41769
		FILM NUMBER:		25913887

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		SUITE 250, 750 W. PENDER STREET
		CITY:			VANCOUVER
		PROVINCE COUNTRY:   	A1
		BUSINESS PHONE:		(604) 330-8067

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		SUITE 250, 750 W. PENDER STREET
		CITY:			VANCOUVER
		PROVINCE COUNTRY:   	A1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Foremost Lithium Resource & Technology Ltd.
		DATE OF NAME CHANGE:	20230621

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Foremost Lithium Resources & Technology Ltd.
		DATE OF NAME CHANGE:	20220627
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_050525.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong></p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of May 2025</strong></p><p style="text-align: center;">Commission File Number: <strong>001-41769</strong></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Foremost Clean Energy Ltd.</strong></font><br />(Translation of registrant's name into English)</p><p style="text-align: center;"><strong>750 West Pender Street, Suite 250<br />Vancouver, BC, V6C 2T7</strong><br />(Address of principal executive office)</p></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br />Form 20-F [&#160;X ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;&#160; ]</p><p>&#160;</p><p>&#160;</p><!--<p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u>&#160;&#160;&#160;&#160;&#160;&#160;</u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u>&#160;&#160;&#160;&#160;&#160;&#160;</u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.&#160;</p>--><hr style="page-break-after: always;" noshade="noshade" /><p> <p>On May 5, 2025, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. <br /><br /><a href="exh_991.htm">(c) Exhibit 99.1. Press release dated May 5, 2025</a></p></p><p /><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><strong>SIGNATURES</strong></p><p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p><table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;Foremost Clean Energy Ltd.&#160;&#160;&#160;&#160;</strong></td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">(Registrant)</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr><tr valign="top"><td width="47%">Date: May 5, 2025</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ Jason Barnard&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Jason Barnard</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">President and Chief Executive Officer</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr></table></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252" ><meta name="GENERATOR" content="MSHTML 8.00.7601.18094" ></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><font style="font-size: 14pt;"><strong>Foremost Clean Energy Announces Warrant Incentive Program</strong></font></p><p style="text-align: center;"><strong></strong></p><p>
   <p align="justify">VANCOUVER, British Columbia, May  05, 2025  (GLOBE NEWSWIRE) -- <strong>Foremost Clean Energy Ltd.</strong> (<strong>NASDAQ: FMST</strong>) (<strong>CSE: FAT</strong>) (&#8220;<strong>Foremost</strong>&#8221; or the &#8220;<strong>Company</strong>&#8221;) is pleased to announce the initiation of a warrant incentive program (the &#8220;<strong>Incentive Program</strong>&#8221;) intended to encourage the exercise of up to 487,848 warrants (the &#8220;<strong>Warrants</strong>&#8221;) issued in connection with the non-brokered private placement of 436,122 flow-through units and 152,941 non flow-through units completed by the Company in two tranches on March 13, 2024 and April 29, 2024 (the &#8220;<strong>Prior Private Placements</strong>&#8221;).</p>    <p align="justify">Pursuant to the Incentive Program, the Company is offering an inducement to each holder of Warrants that exercises their Warrants during the period expiring June 05, 2025 (the &#8220;<strong>Early Exercise Period</strong>&#8221;) consisting of: (a) a temporary repricing of the Warrant exercise price from $4.00 to $1.75 per Common Share; and (b) the grant of an additional common share purchase warrant (an &#8220;<strong>Incentive Warrant</strong>&#8221;) for each exercised Warrant exercisable at $2.20 per Common Share for a period of one year from the date of issuance.</p>    <p align="justify">Warrant Holders who wish to participate in the Incentive Program will be required to deliver the original warrant exercise documents dated March 13, 2024 or April 29, 2024, respectively, together with the applicable funds, to the Company prior to June 05, 2025 at which time, Warrant holders will receive Incentive Warrants. The Warrants that remain unexercised following the Early Exercise Period will immediately become subject to their original terms and conditions, including with respect to the pricing thereof and no Incentive Warrants will thereafter be issuable on exercise. The Company will not be permitted to further amend the pricing of the Warrants.</p>    <p align="justify">The Company anticipates using the proceeds from the exercise of any Warrants for investment purposes. Only 10% of the warrants held by insiders of the Company are eligible for exercise pursuant to the Incentive Program. No finder&#8217;s warrants issued in connection with the Prior Private Placements will be eligible to participate in the Incentive Program.</p>    <p align="justify">The Incentive Warrants, if issued, and any Common Shares issuable on the exercise thereof, will be subject to a statutory hold period of four months and one day from the date of issuance of the Incentive Warrants. The Incentive Program is subject to the receipt of all necessary regulatory approvals including the approval of the CSE.</p>    <p><strong>No Offer or Solicitation</strong></p>    <p>This press release shall not constitute an offer to exchange or the solicitation of an offer to exchange or the solicitation of an offer to purchase any securities, nor shall there be any exchange or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.</p>    <p align="justify"><strong>About</strong> <strong>Foremost</strong></p>    <p align="justify">Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (WKN: A3DCC8) is a rapidly growing North American uranium and lithium exploration company. The Company holds an option to earn up to a 70% interest in 10 prospective uranium properties (with the exception of the Hatchet Lake, where Foremost is able to earn up to 51%), spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin region of northern Saskatchewan. As the demand for carbon-free energy continues to accelerate, domestically mined uranium and lithium are poised for dynamic growth, playing an important role in the future of clean energy. Foremost&#8217;s uranium projects are at different stages of exploration, from grassroots to those with significant historical exploration and drill-ready targets. The Company&#8217;s mission is to make significant discoveries alongside and in collaboration with Denison through systematic and disciplined exploration programs.</p>    <p align="justify">Foremost also has a portfolio of lithium projects at varying stages of development, which are located across 55,000+ acres in Manitoba and Quebec. For further information, please visit the Company&#8217;s website at <u>www.foremostcleanenergy.com</u>.</p>    <p align="justify"><strong>Contact and Information</strong></p>    <p><strong>Company</strong><br >Jason Barnard, President and CEO<br >+1 (604) 330-8067&#160;<br ><u>info@foremostcleanenergy.com</u></p>    <p><strong>Follow us or contact us on social media:</strong><br >X: @fmstcleanenergy<br >LinkedIn: <u>https://www.linkedin.com/company/foremostcleanenergy</u><br >Facebook: <u>https://www.facebook.com/ForemostCleanEnergy</u></p>    <p><strong>Forward-Looking Statements</strong></p>    <p align="justify"><em>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 &#8220;forward-looking statements&#8221; 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 the implementation of the Incentive Program, the receipt of approval of the CSE, the terms of Incentive Program, the potential for acceleration of any exercise by Warrant holders and the use of proceeds received from the exercise of Warrants. 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 &#8220;expects&#8221; or &#8220;does not expect,&#8221; &#8220;is expected,&#8221; &#8220;anticipates&#8221; or &#8220;does not anticipate,&#8221; &#8220;plans,&#8221; &#8220;estimates&#8221; or &#8220;intends,&#8221; or stating that certain actions, events or results &#8220;may,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;might&#8221; or &#8220;will&#8221; be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. 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, continuity of agreements with third parties and satisfaction of the conditions to the option agreement with Denison, risks and uncertainties associated with the environment, delays in obtaining governmental approvals, permits or financing. 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&#8217;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&#8217;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. Please refer to the Company&#8217;s most recent filings under its profile on Sedar+ at www.sedarplus.ca and on Edgar at www.sec.gov for further information respecting the risks affecting the Company and its business.</em></p>    <p><em>The CSE has neither approved nor disapproves the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.</em></p> </p><p ></p></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
