Foremost Lithium Resource & Technology announces that its Board of Directors has unanimously approved the strategic spin-out of its Winston Group of Gold and Silver Properties into a newly incorporated and independent, publicly-traded company named Rio Grande Resources Ltd. pursuant to a court-approved plan of arrangement. Pursuant to the Arrangement, Foremost shareholders will receive two common shares of Rio Grande for [...]
Foremost Lithium Resource & Technology announced the approval to list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North America while not competing with other exchanges domestically, such as Nasdaq and the CSE. Trading begins on Upstream July 31, 2024, at 10:00 am ET under the ticker symbol FMST. Upstream was designed to provide companies [...]
Foremost Lithium Resource & Technology announced that it has submitted an application to list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North America while not competing with other exchanges domestically, such as Nasdaq and the CSE. Upstream was designed to provide companies like Foremost the channel to access an international [...]
Foremost Lithium Resource & Technology confirms further to its news release on June 29, 2022 in respect of the Company's option to acquire a 100% interest in the Peg North Claims, that the Company has completed its third installment of the Option payment due on or before June 28, 2024. In accordance with the terms of the Option agreement, the third installment payment consisted of a cash payment of $100,000 and the [...]
Foremost Lithium Resource & Technology is pleased to announce its intention to spin-out the Company's gold and silver Winston Group of Properties into a newly incorporated wholly-owned subsidiary to be named Rio Grande Resources Ltd. It is expected that the Spin-Out will be affected by way of a plan of arrangement. The Company's Winston Group of Properties - situated over a 3,000-acre drill-ready site - contains three [...]
Over 5,800 meters completed over 21 diamond drill holes Drilling results demonstrate continuity of lithium mineralization along Dyke 1, extending the previous mineralized body by 150 meters to over 400 meters in several 50-meter steps out providing promising potential for new resource calculation Dyke 1 is still open in all directions indicating potential for continued resource expansion and subsequent future drill [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, announces that further to its press releases dated February 13, 2024 and March 13, 2024, on April 29, 2024, it closed the second tranche of its non-brokered private placement for aggregate gross proceeds of $1,455,129.48 pursuant to an arrangement with Wealth Creation Preservation & Donation Inc. . Foremost issued 247,471 [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announced that management will present at the 2024 Planet MicroCap Showcase taking place May 1-2, 2024 at the Paris Hotel & Casino in Las Vegas, Nevada. Jason Barnard, President & CEO of Foremost Lithium, is scheduled to host a formal presentation on Wednesday, May 1st and will participate in one-on-one investor [...]
Highlights at the Company's Maiden Resource at Dyke 1 include: Drill hole FL24-010 confirmed 1.09% Li2O over 9.88 m starting at 177.57 m Drill Hole FL 24-009 confirmed 1.03% Li2O over 7.96 m starting at 233.04 m Hole FL24-009 confirmed 1.52% Li2O over 5.02 m starting at 233.98 m VANCOUVER, British Columbia, April 08, 2024 -- Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration [...]
Highlights Include: Drill hole FL 24-009 intersected 32.53 metres of spodumene-bearing pegmatite at its Zoro Dyke 1, the Company's maiden resource area, starting at 196.23 metres Drill hole FL24-010 intersected 14.19 metres of spodumene-bearing pegmatite starting at 174.57 metres Ongoing definition drilling continues with systematic step-outs to test southward continuity of spodumene-bearing pegmatite at Dyke 1 VANCOUVER [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, announces that further to its press release dated February 13, 2024, on March 13, 2024, it closed the first tranche of its non-brokered private placement for aggregate gross proceeds of $1,629,267. Foremost issued 188,651 flow-through units at a subscription price of $5.88 per FT Unit, comprised of one flow-through common [...]
The Critical Mineral Infrastructure Fund is a $1.5B Government of Canada fund to support the development and expansion of Canada's critical mineral industry Foremost Lithium is applying under Stream 1 which supports mineral projects pre-construction to develop their sites to achieve shovel ready status Foremost has garnered substantial support from the community, industry stakeholders and municipal and provincial [...]
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