Foremost Clean Energy’s C$7M Private Placement

Foremost Lithium Resource & Technology Ltd (TSE:FAT) has released an update.

Foremost Clean Energy Ltd. has announced a brokered private placement to raise up to C$7 million, with Denison Mines Corp. participating to maintain its nearly 20% stake in the company. The funds will be used primarily for exploration in the Athabasca Basin, advancing Foremost’s uranium and lithium projects.

For further insights into TSE:FAT stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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