Foremost Clean Energy Ltd C.FAT

Alternate Symbol(s): FMST

Metals & Mining Industrial Metals & Minerals

Foremost Clean Energy Ltd., formerly Foremost Lithium Resource & Technology Ltd., is a hard-rock lithium exploration company. It owns the four Lithium Lane projects in the Snow Lake, Manitoba as well as Lac Simard South Project in Quebec, totaling 43,000 acres/17,500 hectares. Its Lithium Lane Projects are centrally located in the heart of North America. The Zoro Lithium Project is located in west-central Manitoba, 571 kilometers (km) north-northeast of Winnipeg approximately 20 km east of the town historic mining friendly town of Snow Lake. The Grass River Claims Project (GRC) consists of 29 claims totaling 15,664 acres/6,339 hectares. The Peg North project claims consist of 28 claims. The Peg North project is located at the east end of the Flin Flon-Snow Lake greenstone belt. The Jean Lake Lithium-Gold Project is located in the Snow Lake District of Manitoba. The Winston Gold and Silver Project property is located in the Black Range of Sierra County, New Mexico.

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Foremost Clean Energy Ltd > Lots more to come!

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Comment by KozmoTon Jan 19, 2021 12:35pm

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Post# 32326966

RE:RE:Lots more to come!

Hate to break it to you but they'll have to do a PP just to pay off their Accounts Payable, forget about drilling. As of Sept 2020 they had over $750,000 in Accounts Payable but only $74K in Cash. And that was four months ago! They raised $250K PP (at five cents!!!) in December which means they still need at least a $500K PP just to pay off the rest of their bills.

Good luck on that.

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