Foremost Lithium Resource & Technology Ltd. , is pleased to announce a non-brokered private placement for the sale of an aggregate of 1,992,814 flow through common shares of the Company at a price of $0.34 per FT Share for gross proceeds of approximately C$677,556.76, . The Company has received signed subscription agreements for the above targeted amount. An amount equal to the gross proceeds from the Offering will be [...]
Foremost Lithium Resource & Technology Ltd. , is pleased to announce that it has entered into a binding agreement for the acquisition of 100% right, title and interest in and to those certain undersurface mineral rights comprising Manitoba Mineral Disposition No. MB3530 from an arm's length vendor, subject to a 2% net smelter return royalty payable to the Vendor. MB3530 encompasses 25 hectares situated due North from the [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce it has entered into an agreement with J & C Media of North Vancouver, BC to provide the Company with marketing and shareholder relations services effective May 4, 2022 for an initial term of 12 months. J & C Media will be responsible for helping the Company implement a comprehensive investor relations program as the corporate marketing strategists, with [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that they have commenced exploration that will lay the ground work for a diamond drill program on their 100% owned Jean Lake Lithium Property situated in the mine-friendly district of Snow Lake, Manitoba. The first step of this process includes the mobilizing of field crews to their 1,002 hectare/2,476-acre property where the beryl high-grade [...]
Foremost Lithium Resource &Technology Ltd. announced John Gravelle has agreed to accept the role as President and CEO. Foremost Lithium has seen significant growth on the Company's lithium exploration assets and is in the fortunate position to quickly grow its global market presence. Mr. Gravelle brings over 30 years of global mining and extensive global capital markets experience. He is a retired partner at [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has contracted XPS Expert Process Solutions to develop a process to develop and refine spodumene concentrate into a saleable battery-grade lithium hydroxide product. The contractual relationship reflects Foremost's commitment to deliver battery-grade lithium hydroxide to supply an integrated EV battery ecosystem to energize the electrification of [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has agreed to enter into a secured loan agreement with shareholders Mr. and Mrs. Jason and Christina Barnard pursuant to which the Lenders will advance a loan in the principal amount C$1,145,000 effective May 4th, 2022. The Loan will matures on May 5th, 2023 and bear interest at a rate of 8.35% per annum payable in monthly installments of CAD [...]
Foremost Lithium Resource & Technology Ltd. , is pleased to announce it has completed a ten hole 1,509 meter drill program designed to test Mobile Metal Ion soil geochemical anomalies and assess the deeper levels of high-grade spodumene pegmatite Dike 8 discovered in 2018. The drilling contract was completed by Bodnar Drilling Ltd. of Ste. Rose du Lac and helicopter support was provided by Gogal Air Services Ltd. of Snow [...]
Foremost Lithium Resource & Technology Ltd. , is pleased to announce final interpreted results from the Unmanned Aerial Vehicle, magnetic survey over the Jean Lake property first disclosed on March 1st, 2022 . Jean Lake is Foremost's 100% owned 1,002-hectare property situated in Snow Lake, Manitoba, Canada. The North-East sector of Foremost' s Jean Lake property directly abuts with Snow Lake Lithium's Sherritt Gordon and [...]
Foremost Lithium Resource & Technology is pleased to announce that Mr. Gravelle has agreed to be the Chair of its board of directors. Mr. Gravelle has board experience with several TSX main board and venture public mining companies, and is currently a director of Century Global Commodities Corp. and KP3993 Resources Inc. He is a retired partner at PricewaterhouseCoopers where he served in various leadership roles related [...]
Foremost Lithium Resource & Technology is pleased to provide the following letter from the President and CEO, Scott Taylor: Dear Shareholders: On December 30, 2021, I disclosed the new management team's specific Q1 plans for 2022. As new management completes our first full quarter in operation, I am pleased to state that we have delivered on all promises to shareholders. The most important action was a commitment to fund [...]
Foremost Lithium Resource & Technology Ltd. , is pleased to announce that field operations have commenced for its ten diamond drill hole 1,500-meter program. This is the first drilling program for the Company since 2018. The focus of this drill program is to test ten new spodumene pegmatite targets on the Zoro project. Gogal Air Services has mobilized Bodnar Drilling of Sainte Rose du Lac, Manitoba to the FM-21-064 drill [...]
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