Foremost Lithium Resource & Technology is pleased to announce its intention to spin-out the Company's gold and silver Winston Group of Properties into a newly incorporated wholly-owned subsidiary to be named Rio Grande Resources Ltd. It is expected that the Spin-Out will be affected by way of a plan of arrangement. The Company's Winston Group of Properties - situated over a 3,000-acre drill-ready site - contains three [...]
Over 5,800 meters completed over 21 diamond drill holes Drilling results demonstrate continuity of lithium mineralization along Dyke 1, extending the previous mineralized body by 150 meters to over 400 meters in several 50-meter steps out providing promising potential for new resource calculation Dyke 1 is still open in all directions indicating potential for continued resource expansion and subsequent future drill [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, announces that further to its press releases dated February 13, 2024 and March 13, 2024, on April 29, 2024, it closed the second tranche of its non-brokered private placement for aggregate gross proceeds of $1,455,129.48 pursuant to an arrangement with Wealth Creation Preservation & Donation Inc. . Foremost issued 247,471 [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announced that management will present at the 2024 Planet MicroCap Showcase taking place May 1-2, 2024 at the Paris Hotel & Casino in Las Vegas, Nevada. Jason Barnard, President & CEO of Foremost Lithium, is scheduled to host a formal presentation on Wednesday, May 1st and will participate in one-on-one investor [...]
Highlights at the Company's Maiden Resource at Dyke 1 include: Drill hole FL24-010 confirmed 1.09% Li2O over 9.88 m starting at 177.57 m Drill Hole FL 24-009 confirmed 1.03% Li2O over 7.96 m starting at 233.04 m Hole FL24-009 confirmed 1.52% Li2O over 5.02 m starting at 233.98 m VANCOUVER, British Columbia, April 08, 2024 -- Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration [...]
Highlights Include: Drill hole FL 24-009 intersected 32.53 metres of spodumene-bearing pegmatite at its Zoro Dyke 1, the Company's maiden resource area, starting at 196.23 metres Drill hole FL24-010 intersected 14.19 metres of spodumene-bearing pegmatite starting at 174.57 metres Ongoing definition drilling continues with systematic step-outs to test southward continuity of spodumene-bearing pegmatite at Dyke 1 VANCOUVER [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, announces that further to its press release dated February 13, 2024, on March 13, 2024, it closed the first tranche of its non-brokered private placement for aggregate gross proceeds of $1,629,267. Foremost issued 188,651 flow-through units at a subscription price of $5.88 per FT Unit, comprised of one flow-through common [...]
The Critical Mineral Infrastructure Fund is a $1.5B Government of Canada fund to support the development and expansion of Canada's critical mineral industry Foremost Lithium is applying under Stream 1 which supports mineral projects pre-construction to develop their sites to achieve shovel ready status Foremost has garnered substantial support from the community, industry stakeholders and municipal and provincial [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announced it has joined the Webull Corporate Connect Service platform to build an online community and foster increased dialogue with its shareholders. Foremost Lithium's portal on Webull's CCS provides a unique community-driven experience and direct line of communication to the Company's investor relations team for [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announced the appointment of seasoned finance and accounting executive Sead Hamzagic, CPA, CGA as Chief Financial Officer and Corporate Secretary. Mr. Hamzagic is a Chartered Professional Accountant, Certified General Accountant, has over 37 years of public practice accounting and financial management experience as [...]
Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, is pleased to announce each of a proposed and "best efforts" non-brokered private placement to raise gross proceeds of up to $3,750,000 on a flow-through basis together with up to $1,500,000 on a non-flow-through basis . The Flow-Through Private Placement will be comprised of flow-through units of the Company, at a [...]
Foremost Lithium Resource & Technology is pleased to announce each of a proposed and "best efforts" non-brokered private placement to raise gross proceeds of up to $3,750,000 on a flow-through basis together with up to $1,500,000 on a non-flow-through basis. The Flow-Through Private Placement will be comprised of flow-through units of the Company, at a proposed subscription price of $5.88 per FT Unit (the "FT Unit [...]
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