Foremost Lithium Resource & Technology Ltd. , an exploration stage lithium mining company, today closed its previously announced underwritten public offering in the United States . The Company sold 800,000 units, each consisting of one common share and one warrant to purchase one common share , at a public offering price of USD $5.00 per unit. The warrants within each Common Share Unit have a per share exercise price of [...]
Foremost Lithium Resource & Technology Ltd. , an exploration stage lithium mining company, today announced the pricing of an underwritten public offering in the United States of 800,000 units, each consisting of one common share and one warrant to purchase one common share . Each Common Share Unit is being sold to the public at a price of USD $5.00 per unit. The gross proceeds to the Company from the Offering are expected [...]
Toronto, Ontario-- - Foremost Lithium Resource & Technology Ltd. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every fifty pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 3,993,387 common shares. The name and symbol will not change. Please note that all open orders will be [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has engaged Dahrouge Geological Consulting Ltd to undertake all further exploration and drill programs on the company's Lithium Lane properties as well it's most recent acquisition Lac Simard South in Quebec. Dahrouge Geological have a proven track record of lithium discovery, with a related company being the original vendor of Patriot Battery [...]
Foremost Lithium Resource & Technology Ltd. Further to its news releases of June 29, 2022 and June 20, 2023, in respect of the Company's option to acquire a 100% interest in acquire the Peg North Claims located in the historic Snow Lake mining district in Manitoba, the Company confirms that it will proceed with making its second installment Option Payment on or before June 28, 2023. In accordance with the terms of the [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has submitted a registration statement or Form F-1, as amended, with the Securities and Exchange Commission relating to a proposed public offering of its common shares in the United States . In connection with the proposed Offering, the Company has applied to list its common shares under the symbol "FMST" on The Nasdaq Capital Market . Foremost [...]
Highlights include: GOLD In drill hole FM23-8: 7.50 g/t Au over 7.66 metres from 94.35 - 102.01 m In drill hole FM23-04A: 11.27 g/t Au over 2.75 metres from 73.75 - 76.50 m In drill hole FM23-01A: 2.46 g/t Au over 3.70 metres from 41.30 - 45.00m LITHIUM 1.26% Li2O over 3.35 metres in drill hole FM23-01A Foremost Lithium Resource & Technology Ltd. is pleased to announce it has received assay results from 246 NQ core [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce it has completed the previously announced acquisition of a 100% interest in the Lac Simard South property . This acquisition consists of 60 claims covering 8,612 acres/3,485 hectares and hosts 12 identified pegmatites via satellite imagery. In addition, Foremost independently staked and recorded 20 additional mineral claims which are contiguous with the [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has entered into an agreement amending the terms of it's proposed acquisition of the Lac Simard South Property , previously announced on March 20, 2023. Under the amended terms, the Company will acquire an aggregate of 60 claims located in the Province of Quebec, covering 8,612 acres/3,485 hectares which host 12 identified pegmatites via satellite [...]
Highlights: B1 pegmatite was intersected between 6 and 61 metres with intervals of between 0.5% and 20% spodumene intersected between 9.8 and 25 metres Appearance of gold mineralization with visible gold in core Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has successfully completed a 24-hole 3,002 metre drill program on its Jean Lake Lithium Project located near the historic mining district [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce it has identified numerous future exploration targets from a preliminary analysis of UAV-assisted magnetic and LiDAR surveys on its Lithium Lane properties located near Snow Lake, in the mining friendly province of Manitoba. The surveys were flown by EarthEx Geophysical Solutions Inc. last year and totalled 7,472.7-line km at a flight line azimuth of 070 [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce it has entered into an arm's length property acquisition agreement to acquire 100% interest in the Lac Simard South property in the Province of Quebec, Canada, consisting of 120 mining claims covering approximately 20,349 acres/8,235 hectares . The Property has 24 pegmatites that were identified from satellite imagery. These pegmatites are located [...]
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