Foremost Clean Energy issues letter to shareholders

Foremost Clean Energy (FMST) provides a corporate update and review of key activities and achievements from 2025. “As we reflect on 2025, it is clear this has been a transformative year for Foremost Clean Energy… Foremost strengthened its foundation and emerged well-positioned: a fortified balance sheet, landmark exploration discoveries, and a market valuation that we feel reflects a profound vote of confidence in our path forward with a share price increasing more than 100% year over year… The structural backdrop for uranium has fundamentally shifted…. We advanced a number of strategic priorities this year, successfully completing diamond drilling programs on three core projects; Hatchet Lake, Murphy Lake South and Jean Lake, demonstrating a deliberate, dual-commodity exploration strategy across our high-potential assets… Across all projects, our exploration team demonstrated technical excellence and agility, completing over 7,300 meters of drilling in 2025. Each program either discovered or expanded zones of mineralization, reinforcing the value of our diversified project pipeline… Beyond the drill bit, 2025 saw Foremost significantly strengthen its financial position and balance sheet… Based on the financial results released in November 2025, our year-over-year fiscal health and market performance have exceeded expectations, strengthening the Company’s economic foundation for future growth and execution readiness.. As we move into 2026, we do so with confidence, ready to execute on our plans and convert our promising portfolio into tangible discoveries. We remain committed to delivering on our goals and to keeping you informed every step of the way.”