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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 Uknowiton Dec 06, 2017 7:51pm
99 Views
Post# 27105395

RE:RE:SpinCo

RE:RE:SpinCoAgreed. This is from their October 4th NR. Shareholders prior to October 20th will have the right to vote on the plan of arrangement: All shareholders of record as of October 20, 2017 will be entitled to vote on a special resolution approving the Plan of Arrangement, at an annual general and special meeting to be held on Tuesday, December 5, 2017 (the “Meeting”). Details of the Plan of Arrangement will be provided in a Management Information Circular (the “Information Circular”) that will be mailed to all eligible Far Resources’ shareholders in November.

That doesn’t mean that shareholders that bought shares in Fat will not receive the spin company shares:

The Meeting was originally announced for Tuesday, December 5, 2017.  The Company will now reschedule the Meeting to allow time to prepare all the shareholder materials required for the plan of arrangement (the “Plan of Arrangement”).   This change of meeting date will have no effect on existing shareholders eligibility to participate in the Plan of Arrangement.  The record date for shareholders to receive spin out shares from the Plan of Arrangement will be after the Meeting.  As long as existing shareholders remain shareholders as of the share distribution record date to be determined for the Plan of Arrangement, they will be eligible to participate in the Plan of Arrangement.  Full details of the Plan of Arrangement will be provided in a Management Information Circular (the “Information Circular”) that will be mailed in advance of the Meeting and publicly posted on Sedar


findthegold wrote: Wrong. Date for spinco hasn't been set. We will find out about the record date soon


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