Foremost Clean Energy to Host Virtual Update on Uranium Exploration Strategy Amid Growing Nuclear Demand

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) will present a live virtual corporate update on June 5, 2025, at 2:00 p.m. ET, hosted by Red Cloud Financial Services. The presentation will provide insights into the company's strategic approach to uranium exploration in North America, coming at a critical time when global demand for decarbonization is driving increased interest in nuclear power as a sustainable energy solution.

The company currently holds options on 10 properties from Denison Mines Corp. in the Athabasca Basin, spanning over 330,000 acres in a region renowned for its uranium resources. This strategic positioning in one of the world's most prolific uranium districts provides Foremost with significant leverage to the growing nuclear energy market. As countries worldwide accelerate their transition to clean energy, nuclear power is emerging as a crucial component of the decarbonization equation, creating substantial opportunities for companies with established positions in premier uranium jurisdictions.

During the virtual update, Foremost will outline its exploration strategy, which focuses on identifying and testing drill-ready targets with potential mineralization near recent major discoveries. The company aims to support global energy-transition goals by developing its uranium portfolio in a top-tier jurisdiction, leveraging the geological potential of the Athabasca Basin where high-grade uranium deposits have historically been found. This approach positions Foremost to potentially contribute to the secure supply of nuclear fuel at a time when energy security concerns are driving renewed interest in domestic uranium production.

In addition to its uranium interests, Foremost maintains a secondary portfolio of lithium projects across Manitoba and Quebec, covering over 50,000 acres. This diversified approach reflects the company's commitment to contributing to the broader clean energy ecosystem, addressing multiple critical minerals needed for the energy transition. The combination of uranium and lithium assets provides exposure to both the nuclear and battery storage sectors, two complementary technologies essential for achieving decarbonization targets.

The virtual event will include a live Q&A session following the presentation, with a replay available to all registrants. This update provides an opportunity for investors and stakeholders to gain deeper insights into Foremost Clean Energy's strategic vision and potential contributions to the evolving energy landscape, particularly as policy support for nuclear energy continues to strengthen globally and uranium markets show signs of sustained recovery.