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.

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Foremost Clean Energy Ltd

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Comment by ksops77on Feb 14, 2018 1:00pm

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Post# 27558768

RE:RE:RE:RE:RE:Wasting Cash

I think your costing is off but anyways.

They agreed with the Helicopter company Gogal Air Services to provide drilling and assisted support services for a flat cost of $157,150 payable as follows: $69,000 cash and $88,150 payable as Common shares in the equity of the Company at a deemed price of $0.31 per share upon completion of the services. This is not per ride per day or per anything, its until the completion of the needed services.

Source Sept 15 2017 NR

Big expense up front but then thats all. Will not increase

Basically the helicopter Co is invested in the well being of the company too.

Your welcome

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