Foremost Lithium Resource & Technology Ltd. is pleased to announce the first phase is complete from its Zoro Lithium property bulk sampling and metallurgical program to determine whether the Dyke 1 pegmatite can produce a 6% battery-grade lithium concentrate. Test work confirms spodumene-bearing pegmatite from Zoro Dyke 1 is amenable for production. Jason Barnard, Foremost's President and CEO, comments, "I'm extremely [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders , held in Vancouver on Friday, December 02, 2022. All resolutions presented to shareholders were approved apart from the Company's Fixed Performance Unit Plan , which shareholders overwhelmingly rejected with 98.2% voting against. The new Board of Directors acknowledges that [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has completed the sale of its 60% interest in the Hidden Lake Project in Yellowknife, NWT for C$3.5 million to Youssa PTY Ltd., an Australian private company. The transaction was completed pursuant to the terms and conditions of the signed and binding term sheet entered between the parties, previously announced on November 07, 2022. The Hidden Lake [...]
Andrew Lyons, current director and CFO of Foremost Lithium Resource & Technology Ltd. announces he is forfeiting his total allocated 3 million unvested Performance Share Units pursuant to the Company's Performance Share Unit Plan. Andrew Lyons will retain his previously awarded and vested 500,000 PSUs. Andrew Lyons Director & CFO Foremost Lithium Resource & Technology Email: andrew.lyons@foremostlithium.com To view the [...]
Highlights The focus of this drill program will be the Beryl Dyke B1 which returned two grab samples assaying 3.89 and 5.17% Li2O, and Beryl Dyke B2 which returned three grab samples assaying 3.81, 4.09 and 4.74% Li2O in addition to linear UAV-assisted magnetic trends overlain by soils with elevated lithium content Compelling targets were developed by integrating results from drone magnetic surveys, prospecting/geological [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has signed a binding term sheet with respect to the sale of its 60% interest in the Hidden Lake Project in Yellowknife, NWT for C$3.5 million to an arm's length party. The Company has received a C$100,000 non-refundable deposit in connection with signing the term sheet. The closing of the transaction and receipt of the remaining C$3.4 million of [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it recently completed a UAV-assisted high-resolution airborne magnetic survey on its "Lithium Lane" Properties near the historic mining town of Snow Lake, west-central Manitoba. Foremost contracted EarthEx Geophysical Solutions Inc. , which flew a total of 7,472.7-line km over the entire 43,031 acre/17,414hectares land package. UAV-Borne Magnetic [...]
Foremost Lithium Resource & Technology Ltd. announces a number of changes to its Performance Share Unit Plan previously adopted on January 17, 2022 , and issued and Performance Share Units outstanding thereunder. As previously disclosed in the Company's Canadian Securities Exchange filings, during the financial year ended March 31, 2022, the Company had previously granted an aggregate of 15,999,996 PSUs to the Company's [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce that it has commenced preparations for a winter diamond drill program on its 100% owned 2,476 acre/1,002 hectare Jean Lake Lithium Property situated in the mine-friendly district of Snow Lake, Manitoba. The drill targets will include the high-grade spodumene-bearing Beryl pegmatite dykes where grab sample assays of 3.89% and 5.17% Li2O were received from [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce the appointment of Foremost's largest shareholder, Jason Barnard to the Company's Board of Directors . Mr. Barnard has over 31 years of capital markets experience. Since 2004, he has been self-employed as a private investor where he has been directly involved in raising over $500 million dollars for mining and exploration companies with a focused expertise [...]
Foremost Lithium Resource & Technology Ltd. is pleased to announce the addition of Johnathan A. More and Michael McLeod to the Company's Advisory Board. Johnathan More brings over 28 years of experience in global capital markets focused primarily on natural resource industries. His distinguished tenure at Canaccord Genuity included many significant achievements and he retired in 2008 as Vice President and Advisor at the [...]
Foremost Lithium Resource & Technology Ltd. announces that it has granted incentive stock options to a consultant of the Company to purchase an aggregate of 1,000,000 common shares of the Company at an exercise price of $0.255 per common share expiring three years from the date of grant. The stock options are granted in accordance with the Company's Stock Option Plan, which was approved by the shareholders at the [...]
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