Foremost Clean Energy to Issue Shares to Denison Mines Corp. Under Investor Rights Agreement and Strengthen its Treasury by Over $1 Million

Foremost Clean Energy to Issue Shares to Denison Mines Corp. Under Investor Rights Agreement and Strengthen its Treasury by Over $1 Million

FMST to Issue Shares to Denison Mines Corp. Under Investor Rights Agreement and Strengthen its Treasury by Over $1 Million...

Foremost Clean Energy Issues 485,000 Shares to Denison Mines, Increasing Ownership Stake to 19.17%

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) will issue 485,000 common shares to Denison Mines Corp. (TSX: DML, NYSE American: DNN) at $2.20 per share for total proceeds of $1,067,000 under the companies’ Amended & Restated Investor Rights Agreement dated July 23, 2025. This transaction brings Denison’s ownership to approximately 19.17% of Foremost’s outstanding common shares, significantly deepening the strategic relationship between th…