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Foremost Clean Energy Ltd C.FAT

Alternate Symbol(s):  FMST

Foremost Clean Energy Ltd, formerly Foremost Lithium Resource & Technology Ltd., is a uranium and lithium exploration company with interests in 10 prospective properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin. The Company also maintains a secondary portfolio of lithium projects at different stages of development spanning over 50,000 acres across Manitoba and Quebec. Seven properties comprise its Easern Athabasca Uranium Properties, which include Murphy Lake South, Hatchet Lake, Turkey Lake, Torwalt, Marten, Wolverine and Epp Lake. Its Blue-Sky uranium projects located within the western portion span approximately 102,000 hectares in the Athabasca Basin consisting of three projects: Blackwing, GR Property and CLK Property. Its lithium projects include Zoro Lithium Project, Jean Lake Lithium-Gold Project, Peg North Project, Grass River Claims Project, and Jol Lithium Project. Winston Group of Properties is its Gold and Silver Project.


CSE:FAT - Post by User

Bullboard Posts
Comment by Newfie75on Sep 27, 2017 8:08pm
69 Views
Post# 26751158

RE:RE:RE:RE:gold spin out paperwork?

RE:RE:RE:RE:gold spin out paperwork?Biggie, as a relatively new shareholder of Far I like the idea of a spinout, however others have presented the argument of decreased value since the gold property is included in the current SP. others will say the spinout may drop the SP but is equivalent to the value of shares you receive in the gold property, and therefore seems neutral, while others will say it's a great gold property that could hold good value. Since there are no drill results it's hard to determine value currently.

i assume that Far must feel there is potential if they are going to spin it out and drill it. 

Have a look ok at the July 18th news release for official info. The spinout and property are discussed there.

cheers
Bullboard Posts