***SPONSORED BY LFG EQUITIES CORP and DISSEMINATED ON BEHALF OF FOREMOST CLEAN ENERGY
Our 550%+ Unicorn …..so far, for 2025 is back with 3 News Releases Just Last Week that Generated 60 Day Highs
Foremost Clean Energy to Issue Shares to Denison Mines Corp. Under Investor Rights Agreement and Strengthen its Treasury by Over $1 Million
Foremost Clean Energy Announces Commencement of a 2,500m Diamond Drill Program at its Murphy Lake South Uranium Property, Athabasca Basin, Saskatchewan
Check out the Company Lander Here:
https://foremostcleanenergy.com/landing
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Hello Everyone,
After an extremely busy July and August we decided to take last week off and let the markets play out while we took a look at a few companies. We have several on our radar right now that we are going to be rolling out over the next 2 weeks.
You are going to remember this one because the last time we brought it to your attention we called it “2025’s Unicorn”. That is because the first time we profiled this one it was starting to take off and was still sitting under the critical $1 level. When we first sent you this one it was one of the last sessions it was even trading under a dollar. In under a month it hit $4.34 and not long after that this one hit $5.73.
We were not expecting this one to go parabolic like it has, stunning Wall Street. We were very fortunate to be out in front of profiling this 500%+ mover. How many of those are sitting in your E-Trade account right now?
Just over a month ago Foremost Clean Energy (NASDAQ: FMST) had pulled back and was sitting under $2.50. We put it back on the watchlist and it proceeded to have an incredible two sessions, gaining 17% that session and 15% the following, moving from $2.61 to $3.35.
Since it has again pulled back and this last session is the first time it ventured past the $3.35 mark when it tapped $3.65. Friday marked a new 60 day high which must be noted.
This could be attributed to the news announcements that the company just put out. 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.
It is no secret that FMST’s monumental move got the company in front of a huge audience this year. With 1.8 million shares traded on one day on the 18th—surging over 25% on the Nasdaq, all eyes are laser-focused on FMST.
President Trump declared nuclear energy a national security priority with his May 2025 executive orders. U.S. is banning Russian uranium imports, fast-tracking nuclear reactors, and injecting $2.7 billion to revive domestic uranium production. Foremost is one of the few Nasdaq companies with uranium projects right here in North America and they are drilling right now to feed America’s nuclear comeback. This isn’t just energy….it’s about ending dependence on China and Russia.
This directive ties directly into the broader America First energy plan. The President set a goal to quadruple U.S. nuclear capacity by 2050.
That means we’ll need 2.5X more uranium than the entire world produces today a staggering figure that highlights a looming supply crisis. The urgency is palpable when you consider that “Russia controls 40% of global supply, and China’s hoarding uranium for their own reactors. This macro backdrop is why Foremost’s position is so strategic: They are currently exploring for potentially the next big uranium discovery in North America’s Athabasca Basin, home to the richest uranium deposits on Earth!
Every AI data center consumes as much power as a small city—Meta, Amazon, and Google are scrambling to lock up nuclear energy because wind and solar can’t keep up. Uranium is the only fuel that delivers 24/7, reliable power for AI.
As Nvidia CEO Jensen Huang recently stated, “AI factories will be the biggest consumers of electricity in the future.”
This convergence of technology and policy is creating a perfect storm: President Trump’s orders are accelerating reactor approvals, and FMST, the perfect AI adjacency stock, positioning itself to potentially be the solution for the future uranium supply needed to keep America’s tech boom running.
What makes Foremost different from other uranium companies in this macro environment?
The company highlights four critical differentiators that position it to capitalize on these trends:
- Drilling next to the world’s richest uranium deposits, like IsoEnergy’s Hurricane Zone (48M lbs at 34.5% grade—that’s 100X richer than most mines).
- Denison Mines—a $2.1B uranium leader trust partner, and largest shareholder owning over 19% of Foremost; will help fast-track exploration and can assist to fast-track to production and back them financially
- Fully funded for with a $6.5M drill program currently drilling in multiple locations; results are coming soon from its completed Hatchet Lake Uranium Property which hit a new uranium mineralization discovery
- Low float of approximately 9.43 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.
Why the Athabasca Basin?
The Athabasca Basin in Saskatchewan is the undisputed “Saudi Arabia of Uranium.” It is the only jurisdiction on Earth where uranium grades are routinely 10 to 100 times higher than the global average. This is where the world’s richest deposits, like Cameco’s Cigar Lake (208 million lbs U3O8, worth ~$14.6B at today’s current prices) and McArthur River, are found. This is where Foremost Clean Energy operates.
2025: A Fully Funded Drill Program in a Macro-Driven Market
Foremost is capitalizing on this macro environment with a fully funded $6.5 million exploration program for 2025, one of the largest among NASDAQ-listed Athabasca juniors.
Foremost isn’t just another explorer. The company holds an option to acquire a 70% interest in 10 prime uranium properties in the Athabasca Basin, totaling over 330,000 acres. These properties sit in the same proven geological corridors that host world-class, high-grade deposits, such as IsoEnergy’s Hurricane Zone (48.6M lbs at an astounding 34.5% U₃O₈).
Figure. 1. Foremost’s Properties surrounded by High-grade deposits, Mines and Mills
Unlike most juniors focused on single targets, Foremost is diversified across 10 separate properties, each with multiple drill-ready zones and already have proven uranium mineralization across multiple properties. This dramatically increases the odds of a major discovery while spreading exploration risk. It also enables Foremost to launch multiple exploration campaigns simultaneously—something very few peers can do.
FMST completed a 2,000 metre drill program Hatchet Lake Uranium Property recently. Initial drilling already intercepted uranium mineralization and a new discovery (assays pending). For a first drill program to hit mineralization? That’s targeting competence It also has confirmed that it intersected anomalous radioactivity in 6 out of 10 drill holes—a exceptionally strong early indicator for a first-time drill program.
FMST also offers bonus Asset Exposure – over 43,276-acre “Lithium Lane” portfolio in Manitoba with an inferred resource offers exposure to battery metals at no extra cost to uranium-focused investors.
And Big News in the Lithium Front:
The world’s biggest producer Eyes Turn To Lithium Profiles After World’s Largest EV Battery Maker Closed Mine In China!
With a drill program planned this fall with gold and lithium co-production potential at its Jean Lake (3.28 oz/t gold hits) lithium/gold asset offers bonus optionality at zero additional cost.
The biggest risk to America’s nuclear revival?
Running out of uranium. The U.S. imports 90% of our supply, mostly from Russia and Kazakhstan. President Trump’s ban on Russian uranium starts in 2028. Foremost Clean Energy (Nasdaq: FMST) represents a unique, high-upside bet on the convergence of AI, energy security, and transformative U.S. policy. This is a Trump-backed, America First energy play at the perfect time. Uranium prices are now starting to pick up and analyasts are calling for it them to hit over $100 per pound. AI is driving demand, and FMST’s are in the best uranium district on Earth. With drills turning and assays pending, this is a high-upside bet on American energy independence.
The Denison Mines Advantage: A Unicorn in the Making
What truly sets Foremost apart is its strategic partnership with Denison Mines Corp. (TSX: DML, NYSE: DNN), a multi-billion dollar uranium developer and producer.
- Denison is Foremost’s largest shareholder, owning approximately 19.17% of the company.
- David Cates, Denison’s President & CEO, sits on Foremost’s Board of Directors.
- Denison has already completed years of prior exploration on these properties, providing Foremost with a precise, data-rich roadmap to high-priority drill targets—a massive head start that most juniors simply don’t have.
- Deep pocketed with continued financial commitment – with its recent decision to exercise its participation rights and investment over $1M, providing FMST reliable source of future funding and signals continued belief in the asset base.
This partnership is more than an endorsement; it’s a strategic alignment. With Denison preparing to launch Canada’s first In-Situ Recovery (ISR) uranium mine by 2028, Foremost is perfectly positioned to benefit from that first-mover advantage. If Foremost makes a discovery, they have a partner capable of fast-tracking it to production to feed a supply-starved market.
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.
The market dynamics are simple. AI doesn’t run on code; it runs on uranium. Tech giants are scrambling to lock down supply: 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 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.
The Bottom Line: A High-Upside Bet on American Energy Independence
Foremost Clean Energy (Nasdaq: FMST) represents a unique, high-upside bet on the convergence of AI, energy security, and transformative U.S. policy.
It is a Trump-backed, America First energy play with:
- A Tier-1 Asset Portfolio: 10 properties in the world’s best uranium district.
- A Major Strategic Backer: Denison Mines providing expertise, capital, and a path to production.
- A Macro Tailwind: Unprecedented demand from AI and policy-driven supply shock.
- Imminent Catalysts: Multiple drill programs underway with news flow expected throughout 2025. Including:
Foremost Clean Energy Announces Commencement of a 2,500m Diamond Drill Program at its Murphy Lake South Uranium Property, Athabasca Basin, Saskatchewan
Highlights:
- Drill program follows the successful completion of an Ambient Noise Tomography Survey
- First drillhole to target the unconformity above a historic zone of anomalous uranium
VANCOUVER, British Columbia, September 02, 2025 – Foremost Clean Energy Ltd.(NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) is pleased to announced that crews have mobilized to commence an anticipated 8-hole, 2,500m diamond drill at its Murphy Lake South Uranium Property (“Murphy”) located in the world-renowned Athabasca Basin region of northern Saskatchewan. The Phase 1 fully-funded diamond drill program follows the successful completion of the Company’s ambient noise tomography (“ANT”) survey, announced July 21, 2025 which generated a 3D velocity model to optimize drill hole placement to test high-priority target areas at Murphy. A Phase 2 follow-up program can be expected for the 2025/2026 winter drill season program to expand upon any initial exploration results.
“The Murphy Lake South drill program will test high-priority targets in a world-class uranium district. This strategic exploration is particularly timely, as recent production cuts from major producers like Cameco are forecast to further tighten uranium supply, highlighting the critical need for new discoveries.” comments Jason Barnard President and CEO of Foremost. “We are excited to build on the results of our ANT survey, which provides a much sharper picture of the subsurface architecture to refine our targeting in the hopes of turning historic anomalies into a uranium discovery. Testing the up-dip potential of the mineralized graphitic structure at drill hole MP17-19 is a compelling opportunity, as it represents a classic setting for unconformity-hosted uranium deposits. By combining modern geophysics with these proven geological controls, we are methodically and systematically evaluating the highest-priority targets and are positioning Foremost for potential meaningful discovery.”
Drill Program Overview
Murphy is situated in the eastern Athabasca Basin within the Mudjatik Domain, a region with strong uranium potential (see figure 1 below). Recent exploration successes along the LaRocque corridor have underscored the potential of this area often overshadowed by the eastern Athabasca’s Wollaston Domain. The first hole of the program will test the up-dip projection of drill hole MP17-19, which previously intersected 7.5 metres of 234 ppm U[1] (see figures 2 and 3 below) within a graphitic structure in the basement rocks. This significant interval has remained a priority follow-up target representing an ideal setting for unconformity-style uranium mineralization. Drillhole depths are expected to be between 300 and 450 metres.
Results of the ANT survey were processed to generate a 3D velocity model of the subsurface to enhance targeting confidence by imaging structural offsets, fault zones, and alteration halos in both the sandstone and basement rocks. Similar surveys in the Athabasca Basin have demonstrated the ability to identify velocity anomalies that correlate with known uranium deposits, such as IsoEnergy’s Hurricane Deposit. Murphy Lake 3D velocity model results assisted with drill hole placement and to optimize the testing of high-priority conductive corridors.
The 17,676 acre/7,153 hectare Murphy Lake South Project is situated approximately 30km northwest of the McClean Lake mill and lies adjacent to the LaRocque Lake Conductive Corridor, host to IsoEnergy’s Hurricane Deposit, one of the world’s highest-grade published indicated uranium resources of 48.6Mlbs U3O8 at 34.5% U3O8 and inferred resource of 2.7Mlbs at 2.2% U3O8[2]. Historical drilling on the property by Denison intersected anomalous uranium mineralization and key alteration signatures, such as:
- 0.25% U₃O₈ over 6 meters (drill hole MP-15-03)[3]
- 0.13% U₃O₈ over 12.5 meters just above the unconformity (drill hole MP-16-11)[4]
- 0.03% U₃O₈ over 22.5 meters from 255 to 277.5 meters (MP-16-17)[5]
The Company believes that these results, together with confirmed structural complexity make Murphy a compelling Property for a uranium discovery.
Figure 1. Murphy Lake South Property – Regional Map
Figure 2. Murphy Lake South Property – 2025 Initial DDH Target Location
Figure 3. MP17-18 and MP17-19 Interpreted Cross Section and Initial Target Area
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.
NEWS
2 days ago
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Foremost Clean Energy Announces Drilling at its Murphy Lake South Uranium Project
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Foremost Clean Energy Ltd. Presents in Red Cloud’s Virtual Webinar Series
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Foremost Clean Energy Announces Warrant Incentive Program
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Foremost Clean Energy Reports New Discovery of Uranium Mineralization at Hatchet Lake Property
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Foremost Clean Energy Announces National Marketing Campaign
Apr 28, 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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