***SPONSORED BY LFG EQUITIES CORP and DISSEMINATED ON BEHALF OF FOREMOST CLEAN ENERGY
Our 550%+ Unicorn …..so far, for 2025 is back on our radar and a lot has changed!
On May 23, 2025, Trump declared NUCLEAR ENERGY a national-security top priority and issued four executive orders
Download the Investor Presentation HERE
$4.5M was recently added to FMST’s treasury from warrant and option exercises, providing additional capital to advance projects
Check out the Company Lander Here: https://foremostcleanenergy.com/landing
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Hello Everyone,
For Monday we want to take a look at 2025’s unicorn. This is the one company that should stand out among all the others that we have profiled because of the tremendous ride it took us on earlier this year.
It is no secret to anyone that FMST went parabolic and got in front of a huge audience this year. The triple digit move generated a strong shareholder base and put the company on the radar of a lot of people that otherwise would have never heard of Foremost and what they have going on.
We brought you FMST at .96 on May first and that was just about the last time this one traded under a dollar. I’d say May was a pretty solid month for FMST. It said good night to the dollar level and ran 4.34 in under a month. Then on the 29th we said take a look at FMST again. I think we hit the jackpot that day because it was the only day it was red in 11 sessions. It pulled back to 3.30. It was green the next 5 sessions and hit 5.70.
Right now FMST is less than half of those highs it saw before it took off like a meteor. It is not often we run across a company that has the capability to move like this.
We want you to research FMST again right here at JUST 2.44 and there are several reasons as to why this needs to be on your screen again moving forward.
We need to put FMST back on the menu and not because of the parabolic move that it just made earlier this year that we were out in front of. While that is important and cannot be overlooked, there are countless other reasons as to why you are going to want to research FMST before the open.
A surge in artificial intelligence (AI) is transforming the demand for energy, with data centers powering AI applications requiring massive, round-the-clock electricity—far exceeding what traditional grid solutions can sustainably provide.
Nuclear energy has emerged as a key answer to this challenge, offering a reliable and emission-free power source perfectly suited for meeting the unprecedented needs of advanced computing infrastructure.
Prized for its high energy density and ability to deliver consistent, large-scale output, Nuclear is fueled by uranium. New, significant discoveries are imperative to keep pace with the accelerating demands of the digital economy impacting the future supply uranium supply dynamics.
The market dynamics are simple: AI doesn’t simply just run on code. It runs on URANIUM.
With 2.25 million shares traded over one day just last week—surging over 10% on Nasdaq, all eyes are laser-focused on FMST. This isn’t just looking like momentum; it looks like validation. Weathering volatility with a bullish technical backdrop as AI’s insatiable power demand collides with grid fragility, uranium is emerging as potentially the only scalable lifeline—FMST is positioning itself strategically in this critical race, drawing fierce market attention.
With a low float of approximately 9.35 million shares Foremost’s structure is engineered for explosive moves. Last week’s 10% surge on 2.25M volume proved it: this micro-float transforms supply shocks and uranium news into immediate volatility.
With over 31 countries expanding nuclear power as supply pressures build and on May 23, 2025 Trump announced 4 executive orders declaring nuclear energy security a top priority, FMST’s Athabasca Basin projects look like it has become a potentially strategic gold mine.
First and foremost, these orders will include things like:
● $2.7B in Gov’t Backing, Ban on Russian Uranium,
● Fast-Tracked Reactors including quadrupling U.S. capacity to 400 GW by 2050—requiring 2.5x more uranium than today’s entire global supply!
This isn’t just policy—it’s a potential uranium demand shock
Foremost holds 45 claims across 332,378 acres, surrounding some of the world’s largest and highest-grade uranium operations like Cigar Lake and McArthur River.
And thanks to a solid partnership with a billion-dollar cap leading uranium developer and producer, Denison Mines Corp., FMST now controls 10 prime properties in Canada’s Athabasca Basin – one of the only jurisdictions on Earth where uranium grades can regularly hit 10 – 100X higher than the global average.The region— is justifiably described as the “Saudi Arabia of Uranium”.
While others scramble, Foremost Clean Energy (NASDAQ: FMST) is already actively exploring to secure resources in Canada—a stable, democratic jurisdiction the U.S. can turn to, to evade geopolitical tensions and any global shortages that may occur, and possible price spikes.
With its low-cost, high-grade assets in the Athabasca Basin, Foremost is uniquely positioned. They could be the next uranium company to address the coming market demands while insulating American utilities from potential price spikes and supply disruptions.
Now before I look at the investor’s presentation, it’s important to put some context on what’s going on in the nuclear energy sector right now.
Uranium prices rose for 5+ years, peaking above $100 in January 2024 before hitting an 18-month low, now rebounding at $70/lb (Aug 2, 2025). President Trump’s new executive orders are revitalizing US nuclear energy and are a game changer for uranium explorers like FMST. These include, reinvigorating the nuclear industrial base, ordering the reform of the nuclear energy commission, reforming nuclear reactor testing at the Department of Energy, and deploying advanced nuclear reactor technologies for national security.
This isn’t just a small policy change. It’s unleashing a potential uranium demand tsunami. And with the US relying on Canada for approximately 25% of its uranium. We should only expect that number to skyrocket from here. Meaning that Foremost Clean Energy’s Athabasca basin projects are looking like a “strategic gold mine”.
Their 10-property portfolio sits in the same proven geological corridor as Cameco’s McArthur River—one of the richest uranium mines ever discovered.
This is not just a small market rally. This is a generational shift. Trump’s orders will quadruple US capacity to 400 gigawatt by 2050, requiring 2.5 times more uranium than today’s entire global supply. The Defense Production Act now treats uranium as national security infrastructure, prioritizing contracts with allies like Canada that supply the US with so much uranium.
Foremost is going big in 2025. Their $6.5 million exploration program is the largest among NASDAQ Athabasca uranium juniors.
With the Hatchet Lake Drill Program first phase of drilling wrapped up, what we do know, confirms what early indicators suggested – anomalous radioactivity detected in 6 out of 10 drill holes—attention now shifts to the eagerly anticipated assay results!
For those new to uranium exploration, finding ANY uranium on your first drilling attempt is like winning the lottery on your first ticket.
Finding high-grade uranium? That’s hitting the MEGA MILLIONS multi-billion jackpot!
WHAT MAKES THIS SO EXTRAORDINARY:
- All within a 15m-wide alteration zone — a strong sign of a robust mineralized system
- Uranium found above and below the unconformity. That’s GOOD!
- A new mineralized zone discovered, extending the known strike by 50 metres
Early-stage uranium plays rarely produce results this strong, this early. This isn’t just promising … This is a completely NEW area of uranium mineralization DISCOVERY!
While others are still hunting for targets, FMST is already intercepting mineralization.. They are in the exact right place at the exact right time. Looking at the recent investors presentation, FMST is rapidly growing. HERE
Foremost isn’t just another explorer. It’s a well-capitalized drill ready opportunity in a sector set to explode with a game-changing partnership with Denison Mines.
The collaboration with Denison Mines is significant. FMST’s deal with Denison makes it one of the rarest of rare junior explorers. They aren’t just a partner but they are their largest shareholder owning approximately 16.3% of FMST’s outstanding shares and even has Denison’s CEO and President on their Board.
And Denison Mines had done years of prior exploration on this portfolio, including drilling and geophysical surveys. Foremost was not starting from scratch like other juniors.
Think about how important this can be. Unlike most junior explorers focused on single targets, FMST is diversified across 10 separate properties each with multiple drill ready zones. This dramatically increases the odds of a major discovery. It also enables Foremost to launch multiple exploration campaigns simultaneously, something that very few of its peers can do, putting Foremost at the forefront of a market set to explode.
With Denison Mine’s extensive historical work already done, Foremost Clean Energy (NASDAQ: FMST) provided a clear roadmap to high-priority targets —giving it an edge most early-stage explorers simply didn’t have.
Some of Foremost’s properties can be found alongside or within major uranium trends including the LaRocque corridor – host to IsoEnergy’s world-class Hurricane Deposit (48.6M lbs at 34.5% U3O8), underscoring the high-grade discovery potential of Foremost’s projects.
Foremost’s Properties surrounded by High-grade deposits, Mines and Mills
The company is positioned to capitalize on the uranium market renaissance with over 31 nations pledging to triple nuclear capacity by 2050. This is a projected period of sustained structural uranium supply shortages. There is also secondary lithium upside for this company with five Canadian lithium projects spanning 55,000 acres with long-term development potential.
With Denison already mining and preparing to launch Canada’s first ISR uranium mine by 2028, FMST is perfectly aligned to benefit from that first mover advantage.This suggests that if Foremost discovers a uranium deposit, they already have a partner capable of refining and delivering it to a supply starved market..
Canada already supplies around 25% of US uranium needs. This relationship is so essential that even the Trump administration has limited tariffs on uranium to only 10% demonstrating its energy importance.
The uranium market outlook is bullish and the small modular reactor market (SMR’s) is expected to expand to over 8 billion by 2028. These SMRs are considered to be the future of nuclear power and some of the world’s largest companies are switching to these in order to power their data centers.The SMRs are advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, which is about one-third of the generating capacity of traditional nuclear power reactors. SMRs can produce a large amount of low-carbon electricity, and their systems and components can be factory-assembled and transported as a unit for installation.
AI’s energy needs are giving FMST the opportunity of a lifetime. WHY?
Tech giants are scrambling to find reliable sources of energy:
- Meta just bought 1.1 gigawatts of reactor power—enough to light up a million AI servers.
- Amazon locked down 1,920 megawatts for its AWS data fortresses; Google’s bidding war for uranium contracts is raging in the shadows.
- In May, Google signed an agreement with a nuclear developer for three 600-megawatt advanced reactors.
- On June 3, the Wall Street Journal reported that “Meta Signs Nuclear Power Deal to Fuel Its AI Ambitions.”
- on June 20, 2025, SPUT- Sprott Physical Uranium Trust – announced a $200M bought deal to acquire physical uranium—the entire sector is feeling the tightening supply even further in an already strained market. With SPUT hoarding physical uranium, high-grade explorers in the Athabasca Basin like FMST find themselves extremely well positioned!
- In July 2025, Westinghouse just announced a $75 Billion plan to build 10 nuclear reactors — each powering 750,000 homes — using their AP1000 design.
- These reactors will support $90B in energy/AI infrastructure projects also announced.
This means that Foremost is perfectly positioned in the right place at the right time to take advantage, drilling the Athabasca basin just as uranium’s supply crisis hits.
The world demand for nuclear power looks set to skyrocket, demanding more uranium than ever. Foremost Energy’s deal with Denison Mines looks like it could be a gamechanger.
Foremost Clean Energy Announces Drilling at its Murphy Lake South Uranium Project
VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) — Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”), is pleased to announce that drilling is scheduled to begin this month at the Murphy Lake South Uranium Property (“Murphy”), which is located in the world-renowned Athabasca Basin region of northern Saskatchewan. This fully permitted and fully funded program is designed as a first phase of multiple potential phases, intended to test high-priority structural corridors adjacent to the renowned LaRocque Lake Conductive Corridor—host to IsoEnergy’s Hurricane Deposit, one of the highest-grade uranium discoveries in the world.
Murphy’s proximity to this corridor places it within a highly prospective structural environment, where recent exploration success has dramatically shifted perceptions of the area’s potential. The Hurricane discovery underscored the significance of graphitic fault systems and basement-rooted structures in the Mudjatik Domain, long overlooked in favor of the eastern Athabasca’s more celebrated Wollaston Domain.
Jason Barnard, President and CEO of Foremost, commented: “For years, uranium explorers focused their attention on the Wollaston Domain, and rightly so— as it produced giants like McArthur River, Cigar Lake, and Key Lake. Meanwhile, the Mudjatik Domain was considered a second-tier target, despite its deep structural complexity and close proximity to infrastructure. That mindset changed with IsoEnergy’s Hurricane discovery, which proved that world-class deposits can—and do—exist within the Mudjatik. At Murphy, we’re excited to be drilling a project with strong historical intercepts, relatively shallow unconformity depths, and clear signs of a mineralized hydrothermal system. Given its adjacency to the LaRocque Corridor and the presence of offset structures, graphitic units, and pathfinder element anomalies, we believe Murphy represents one of the best exploration opportunities in our portfolio of projects.”
The Murphy Lake South Property, covers 17,676 acres approximately 30 kilometers northwest of the McClean Lake mll and has been the focus of multiple historical drill campaigns by Denison Mines between 2008 and 2017. These programs identified uranium mineralization and key alteration features, including:
- 0.25% U₃O₈ over 6 meters (MP-15-031)
- 0.13% U₃O₈ over 12.5 meters just above the unconformity (MP-16-112)
- 0.03% U₃O₈ over 22.5 meters from 255 to 277.5 meters (MP-16-173)
- Associated pathfinder elements such as nickel, cobalt, and boron1
Figure 1. Foremost Clean Energy Projects in Regional Context
Phase 1 drilling, is expected to begin later in July, and is planned to consist of approximately 1,500 meters of diamond drilling focused on graphitic faults and offset structures identified through past geophysics and geological interpretation. These targets are located within 200–350 meters of surface, offering an efficient test of the unconformity and underlying basement rocks. A Phase 2 winter program is contemplated to follow up on successful results and test additional conductive trends.
Murphy exhibits the essential hallmarks of an Athabasca unconformity-style system, including structural complexity, alteration, offset basement wedges, and conductive graphitic packages—all in a region that remains significantly underexplored.
Qualified Person
The technical content of this news release has been reviewed and approved by Cameron MacKay, P. Geo., Vice President of Exploration for Foremost Clean Energy Ltd., and a Qualified Person under National Instrument 43-101, who has prepared and reviewed the content of this press release.
A qualified person has not performed sufficient work or data verification to validate the historical results in accordance with National Instrument 43-101. Although the historical results may not be reliable, the Company nevertheless believes that they provide an indication of the property’s potential and are relevant for any future exploration program.
Foremost Clean Energy Exercises Low-Cost Option to Acquire 100% Ownership of Jean Lake Lithium-Gold Property
By completing this option agreement first entered into in July 2021, Foremost has acquired 100% interest in the Jean Lake Lithium-Gold Property with historic high-grade gold intercepts and confirmed lithium mineralization
VANCOUVER, British Columbia, July 16, 2025 (GLOBE NEWSWIRE) — Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company“), is pleased to announce it has exercised a low-cost option to acquire a 100% interest in the 2,476-acre Jean Lake Lithium-Gold Project (“Jean Lake”) in Manitoba’s Snow Lake District. The Company finalized ownership by making a final cash payment of $75,000 and issuing $75,000 worth of common shares to Mount Morgan Resources Ltd. (“Mount Morgan”), purchasing the property for a total of $250,000 cash, issuing a total aggregate of 47,299 of the Company’s common shares, and incurring the required exploration expenditures. Mount Morgan retains a 2% Net Smelter Royalty (“NSR”), with the Company retaining the right to repurchase 1% for $1,000,000.
Key Highlights
- Foremost Safeguards Value With Established Potential: Jean Lake is a prospective Gold and Lithium exploration property where Foremost’s initial drill program intercepted 7.50 g/t Au over 7.66m (including 102.0 g/t Au over 0.48 metres) in drill hole FM23-8 and 1.26% Li₂O over 3.35m in drill hole FM23-04A.
- Strategic Infrastructure: The property is within close proximity to power access, highway, rail, airstrip and mines, making it ideally situated for future advancement as a gold and/or lithium development project.
- Proven Jurisdiction: Located in proximity to Hudbay Minerals’ core operating area, which has produced more than 1 million+ ounces of gold at its Lalor Mine1.
Foremost’s President and CEO, Jason Barnard comments, “Prior to Foremost’s pivot to focus on uranium exploration in the prolific Athabasca Basin region of northern Saskatchewan, Foremost invested successfully in lithium and gold exploration in Manitoba – generating positive results and confirming the prospectivity of the Company’s Manitoba project portfolio. With gold achieving historic price highs, our Jean Lake property provides exceptional leverage and optionality with its demonstrated high-grade gold mineralization and confirmation of lithium mineralization. With a modest final investment in the property, Foremost has successfully secured this prospective asset.”
Mr. Barnard continues, “Amidst our operational update, our deepest solidarity remains with the people of the Snow Lake region during this devastating wildfire season. The mandatory evacuation orders impacting families, First Nations partners, and our dedicated local workforce underscore the profound human dimension of this crisis. We recognize the resilience shown by this community, one that has supported Manitoba’s mining legacy for generations, and extend our unwavering commitment to their safety and recovery, and recognize the efforts of emergency responders to protect those impacted by the wildfires.”
Foremost’s 2022/2023 Drill Campaign
The Company completed a 3,002 metre initial diamond drill program, designed to test targets based on integrated prospecting, UAV-borne magnetic survey results, MMI soil geochemical surveys and outcrop rock chip analyses (Foremost news release June 6, 2023). The program intersected numerous gold mineralized intervals at vertical depths up to 110 m below surface as well as lithium at the B1 spodumene bearing pegmatite. The locations of drill holes that intersected gold mineralized intervals are illustrated in Figure 1, in addition to the B1 drill hole location. Details of the lithium and gold intersections are provided in Table 1 below.
Highlights include:
GOLD
- In drill hole FM23-8: 7.50 g/t Au over 7.66 metres from 94.35 – 102.01 m (including 102.0 g/t Au over 0.48 metres from 94.77 – 95.25 m)
- In drill hole FM23-04A: 11.27 g/t Au over 2.75 metres from 73.75 – 76.50 m (including 91.8 g/t Au over 0.32 metres from 74.74 – 75.06 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
Figure 1. Lithium and Gold Intersections Drill Holes
Table 1 – 2022 – 2023 Program Lithium and Gold Intersections in Drill Holes
Hole ID Easting Northing Strike Dip Depth Intercept in MetresFM23-01A 452688 6076420 205 -66 62m 1.26% Li2O over 0-3.35mFM23-01A 452688 6076420 205 -66 62 2.46 g/t Au over 3.70m from 41.30m-45mFM23-04A 452743 6076529 90 -45 80 11.27 g/t Au over 2.75m from 73.75m-76.5m including 91.8 g/t Au over 0.32mfrom 74.74 – 75.06mFM23-08 452877 6076534 245 -45 134 1.44 g/t Au for 0.32m from 11.33m-11.65m and 7.50 g/t Au for 7.66m from 94.35m-102.01m including 29.95 g/t Au for 1.77m from 94.35m-96.12m and 1.28 g/t Au for 0.3m from 107.6m-107.9mFM23-08A 452878 6076543 110 -45 173 1.51 g/t Au for 0.52m from 95.18m-95.7mFM23-13 452667 6076898 270 -45 125 0.94 g/t Au for 1.23m from 121.30m-122.53mFM23-14 452732 6076854 270 -45 158 1.23 g/t Au for 2.85m from 151.24m-154.09mFM23-22 450367 6073940 314 -45 125 3.04 g/t Au for 0.68m from 102.92m-103.6mFM23-25 452347 6076330 120 -45 114 2.07 g/t Au for 3.49m from 25.3m-28.79m including 6.86 g/t Au for 0.54m from 25.30m-25.84m and 1.27 g/t Au for 2.4m from 69.6m-72m
2025 Jean Lake Planned Drill Program
Foremost plans to conduct a 15-hole, 2,500-metre diamond drill program at Jean Lake before the end of this year to satisfy the Company’s commitments. Targets include the B-1 spodumene bearing pegmatite dyke along strike towards the B-2 and B-3 pegmatites extending the mineralization laterally.
Potential for additional gold mineralization at depth will be targeted based on encouraging results from previous completed drill program. Of interest is the occurrence of 2.46 g/t Au over 3.70m from 41.30m-45m in DHFM23-01A. This intersection occurs in a shear zone at or near the base of the B1 pegmatite in fine grained gabbro. Gold is associated with quartz veins and arsenopyrite.
Gold
Previous drill testing in 2023 of integrated geological and geochemical targets elsewhere on the Jean Lake intersected numerous gold mineralized intervals at vertical depths of up to 110 metres below surface. Highlights from this program included 7.50 g/t Au over 7.66 metres from 94.35 – 102.01 metres (including 102.0 g/t Au over 0.48 metres from 94.77 – 95.25 metres). Further investigation and drilling will assess the potential for additional gold mineralization at depth as well as create a geological framework to aid in delineating gold intersected during the 2022-23 drill program.
History of Gold in the Jean Lake Property Area
Historically, 5.5 million ounces of gold has been produced as a by-product of base metal copper-zinc massive sulphide type deposit production, in addition to major gold deposits such as the New Britannia, Puffy Lake, and Tartan deposits with cumulative production of more than 1.5 million ounces of gold, in the Flin Flon-Snow Lake greenstone belt2. In 1940, two bulk samples from the Jean Lake Property (then known as the Sparky Gold Property), weighing 22.7 and 22.2 kg. respectively, were sent to the Canada Department of Mines and Resources in Ottawa for testing3. The first bulk sample contained 16.46 g/t gold and 2.39 g/t silver, and the second bulk sample contained 241.71 g/t gold and 12.34 g/t silver. Gold exploration continued unabated in the area with high-grade gold mineralization documented from numerous past producing gold mines and properties hosting significant gold mineralization.
Lithium
It is the Company’s goal to develop a better understanding of the spodumene-bearing pegmatite emplacement mechanisms at Jean Lake. Foremost’s drill program, combined with field observations, have indicated that B-1 and B-2 could be one spodumene-bearing pegmatite with a minimum length of 325 metres. Previous drilling, just north of the B1 pegmatite outcrop, intersected a 3.35 metre zone of spodumene mineralization between surface and 3.35 metres, assaying 1.26% Li2O. The program also aims to assess whether the B-1 pegmatite is part of a larger lithium pegmatite cluster near Snow Lake Energy’s lithium deposits, which could significantly enhance the region’s lithium resource potential (see figure 2).
Figure 2. Map of Jean Lake’s B1, B2 and B3 Spodumene Bearing Pegmatites
Wildfire Impact and Mitigation
Active wildfires in northern Manitoba prompted evacuation orders in Snow Lake, temporarily suspending regional mining operations.4 Hudbay Minerals Inc., a major operator in Snow Lake, re-opened the Lalor Mine in 2022, has secured its facilities and expects minimal impact on its 2025 gold production guidance of 190,000+ ounces5. Foremost will advance further planning in preparation for its 15-hole 2,500 metre diamond hole drill program to commence once authorities declare safe conditions.
Qualified Person
Technical information in this news release has been reviewed and approved by Lindsay Bottomer, P.Geo., who is a Qualified Person as defined by Canadian National Instrument 43-101-Standards of Disclosure for Mineral Projects.
NEWS
Jul 21, 2025
Jul 16, 2025
Jul 7, 2025
Foremost Clean Energy Announces Drilling at its Murphy Lake South Uranium Project
Jul 2, 2025
Foremost Clean Energy Advances Exploration on its Wolverine Uranium Property
Jun 25, 2025
Jun 16, 2025
Jun 13, 2025
Jun 10, 2025
Jun 5, 2025
Jun 2, 2025
Foremost Clean Energy Ltd. Presents in Red Cloud’s Virtual Webinar Series
May 22, 2025
May 15, 2025
May 7, 2025
Foremost Clean Energy Announces Warrant Incentive Program
May 5, 2025
Foremost Clean Energy Reports New Discovery of Uranium Mineralization at Hatchet Lake Property
May 1, 2025
Foremost Clean Energy Announces National Marketing Campaign
Apr 28, 2025
Foremost Clean Energy to Conduct Airborne Geophysics Survey Over its CLK Uranium Property
Apr 14, 2025
Foremost Clean Energy Receives Nasdaq Notification Regarding Minimum Bid Price Requirement
Apr 11, 2025
Foremost Clean Energy Commences 2025 Drilling Program at Hatchet Uranium Project
Apr 4, 2025
Foremost Clean Energy Commences Site Preparation for 2025 Drill Program at Hatchet Uranium Project
Mar 27, 2025
MANAGEMENT TEAM
JASON BARNARD
CEO And President, And Non-Independent Executive Board Member
Jason Barnard
Mr. Barnard has over 31 years of capital markets experience. Since 2004, he has been self-employed as a private investor where he has been directly involved in raising over $500 million dollars for mining and exploration companies with a focused expertise on Canadian base metal companies.
Mr. Barnard started his career with McDermid St. Laurence Securities in 1991 as a stockbroker with primary focus in mining, and mining exploration companies. Mr. Barnard then worked at Canaccord Genuity from 1997 until 2004. Mr. Barnard holds a Bachelor of Arts degree with a major in Economics from Carlton University and has obtained The Canadian Securities Course license in 1990. He first started working with and financing Foremost Lithium, previously known as Far Resources, with founder, and President Keith Anderson in 2016 and is the Company’s largest shareholder.
David Cates
Independent Director
David Cates
Mr. Cates is a Chartered Professional Accountant (CPA, CA) and holds Master of Accounting (MAcc) and Honours Bachelor of Arts (BA) degrees from the University of Waterloo. Mr. Cates has extensive expertise in the Canadian and international uranium mining industry from over a decade of senior management and financial experience in various roles with Denison.
Mr. Cates was appointed President & CEO of Denison in 2015, having previously served as the company’s Vice President, Finance & Tax and Chief Financial Officer. Prior to joining Denison in 2008, Mr. Cates held positions at Kinross Gold Corp. and PwC LLP. Mr. Cates also serves as a Director of the Canadian Nuclear Association and of SkyHarbour Resources Ltd.
JODY DAHROUGE, B.SC., SP.C., – P. GEOL.
Geological Advisor
Jody Dahrouge
Mr. Dahrouge has been the President of Dahrouge Geological Consulting Ltd., a North American mineral exploration, consulting, and project management group, since 1988. He is a professional geologist with over 30 years’ experience and holds Bachelor of Science degrees in geology and computing science, both from the University of Alberta.
Mr. Dahrouge has been involved in all aspects of mineral exploration and development for a wide variety of commodities worldwide. Dahrouge Geological Consulting Ltd. has been instrumental in a multitude of grassroots discoveries across a wide variety of commodities and currently has boots on the ground on multiple Canadian and American projects
MARK FEDIKOW PH.D. P.GEO. CPG
Geoscientific Advisor
Mark Fedikow
Dr. Fedikow has over 40 years of experience as an exploration geochemist and a mineral deposits geologist working in both private and public sectors. He is a Fellow at the Association of Applied Geochemists, where he’s previously worked as a councilor. Dr. Fedikow has also served on numerous industry-related committees. He also pioneered the application of regional multimedia geochemical and mineralogical surveys in support of base and precious metal and diamond exploration in Manitoba.
During his 45-year career he has worked for a variety of junior and major mining exploration and mining companies and for the Manitoba Geological Survey as Chief Geologist of the Mineral Deposits Section. In 2001 he received the Provincial Geologists gold medal, a Canadian national award for excellence in the geosciences.
In 2002 Mark left the Manitoba Geological Survey to start his own company (Mount Morgan Resources Ltd.) providing consulting services to the metal and hydrocarbon exploration industry. He is currently registered as P.Eng. and P.Geo. with Engineers Geoscientists Manitoba (“EGM”), P.Geo. with the Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists (NAPEG) and as a Certified Professional Geologist (C.P.G.) with the American Institute of Professional Geologists (“A.I.P.G.”), Westminster, Colorado, U.S.A.
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