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 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

Foremost Clean Energy Ltd

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Comment by Uknowiton Dec 01, 2017 7:50am

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Post# 27070272

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What is the relationship between QUR, FAT, and ABR????

Great post Alberta and Newfie. Good things lie ahead. Cheers.

AlbertaStrong wrote:

Newfie75 wrote: No worries, bud. It happens. Lots of people seem to ask what you did. I’m a bit bored tonight so I’ll connect some dots:

Asburton is drillling on Thompson Bros Property, which is 5 clicks away from Zoro.

Quantum funds Ashburton’s drilling on Thompson Bros Property

Quantum has the option to obtain 80% of Thompson Brothers Property

Quantum is currently halted which is creating some speculation as to whether Far Resources is involved

Ashburton had a pop in Sp today, and Quantum recently did as well in conjunction with news that they and Far would collaborate on info to further expedite drilling on the property...fast tracking drilling that is

Far made a deal to acquire 2200 hectares of property which lies between Thompson Bros and Zoro

Far postponed their meeting which would involve Plan of Arrangement for gold spinout and its kinda coincidence this is all transpiring within the same timeframe as previously mentioned halt and SP pops

next week could be interesting. End of ramble.

now I’m going to watch Toronto continue to rock my Oilers!

cheers

I believe QUR is actually drilling on the property as they’re in charge of exploration. Ashburton is focused elsewhere.
Quantum actually now has an 95 % option on the property.
I believe something big to be announced soon is in the works and some sort of reshuffling is going on. Just a hunch.
I don’t think QUR will be bought out by FAT but will give up control while keeping a % of that property so they can focus on their Alaska JV. FAT will get a controlling interest ( lead the exploration work with their great team of geos) and pay their portion of exploration and to maintain their minority interest QUR will fund their portion from the recent $1.9m PP & future raises.
That to me makes the most sense and closest thing to a win win for both companies.