Initial Scan: See Why (FMST) is Lighting Up Our Radar Right Now—Take a Look While It’s Still Early

*Sponsored by LFG Equities Corp. Jeff Ackerman Initiates Coverage On Foremost Clean Energy (NASDAQ: FMST)  Starting This Morning—Wednesday, May 14, 2025.. (FMST) Comes Backed By Several Potential Catalysts Including: Analyst Steven Ralston, CFA, Set A $5.45 Target On (FMST) In His Zacks Research Coverage, Which Suggests Over 250% Upside Potential. Fewer Than 8M Shares In The Float And A Market Cap Currently Below $15M Could Set The Stage For Significant Swing Potential If Demand Begins To Shift. In Just Over A Month, (FMST) Has Moved Approximately 169%, Surpassing  Several Key Technical Levels Along The Way. Denison Mines Holds Over 19% Of (FMST) And Actively Supports Its Technical And Field Strategy. (FMST) Holds Rights To Earn Up To 70% Across 10 Uranium Projects In The Athabasca Basin—This Is Key Because Grades In This Region Often Reach 10 To 100 Times The Global Average. (FMST) Is Topping Our Watchlist This Morning. Consider Starting Your Own Research On (FMST) Before The Bell. May 14, 2025 Dear Reader, In the late 1990s, few paid attention to a tiny company called Denison Mines—even though it once went from just 8.5 cents to $87 per share, becoming one of the most dominant uranium forces of its time. It didn’t happen overnight. But those who spotted the early shift still talk about it today. Now, that same Denison Mines is the largest shareholder in a smaller, tightly held uranium explorer operating in the exact same resource-rich region: Foremost Clean Energy (NASDAQ: FMST). They hold over 19%. In fact, David Cates, Denison’s President and CEO even holds a seat on (FMST)’s board. And while Denison helped shape the last uranium cycle, this time—they may not be first in the door. Foremost Clean Energy (FMST) has recently caught the market’s attention, with an approximate 169% move in just over a month, from $0.609 on April 10 to reaching $1.64 earlier yesterday on May 13, 2025. That move didn’t happen in a vacuum. It coincided with (FMST) pushing through several technical levels—its 5, 20, 50, and 100-day moving averages.  And with its 200-day moving average still sitting significantly higher at 1.7668 we’re keeping all eyes on (FMST) right now. But it’s not just technical momentum that has us watching closely.  Steven Ralston, CFA at Zacks (SCR) initiated coverage, placing a $5.45 target on (FMST). That level points to more than 250% potential upside from the company’s recent $1.50 range. With fewer than 8M shares in the float and a market cap under $15M, (FMST) sits in rare territory—where even a modest shift in attention can lead to something substantial. And today, the spotlight just got brighter. Now could be one of the best times to start your own research on (FMST). New Discovery Just Announced at Hatchet Lake… Last week, Foremost reported a new uranium discovery at its Hatchet Lake project in the world-class Athabasca Basin. The mineralization was uncovered in a previously undrilled zone—a key win in the company’s first field program. Follow-up drilling is already underway as part of a fully funded $6.5M exploration campaign. This development didn’t come out of nowhere. Foremost is leveraging years of Denison Mines’ historical exploration to guide its drill targets—giving it an edge most early-stage explorers simply don’t have.  Instead of starting from scratch, (FMST) was able to go straight to high-priority zones. And now, with uranium confirmed in the field and new targets being tested, momentum is building fast. It’s the kind of early-stage validation most exploration teams spend years chasing.  But with the right data and the right partner behind them, (FMST) skipped straight to results. As that momentum builds, it's worth stepping back to consider the broader backdrop—and why this discovery could be landing at exactly the right time. Next Up: Summer Drill Targets Lining Up at CLK… This week, Foremost Clean Energy (NASDAQ: FMST) announced the successful completion of a high-resolution airborne geophysical survey over its CLK uranium property—another promising project located in Saskatchewan’s Athabasca Basin. The survey covered 771 line-kilometers using the advanced MobileMT™ system and is now being processed to pinpoint new conductive trends and structural features linked to uranium mineralization. Results are expected in the coming weeks and will guide the company’s 2,000-meter summer drill program—focused on testing historical intercepts and identifying entirely new targets. With no modern systematic drilling across most of CLK and past results already showing notable uranium intersections, this property could emerge as another key piece of Foremost Clean Energy (NASDAQ: FMST)’s expanding project pipeline. Bigger Picture: Nuclear Energy's Role Is Growing Fast… As the world pushes toward net-zero targets, base load nuclear power is becoming irreplaceable. It’s clean. It’s reliable.  And it’s essential for powering the modern world—from smart grids to AI-driven data centers. Big tech knows it.  Amazon, Google, and Meta have all voiced support for nuclear expansion, and uranium is expected to play a major role in meeting their massive energy demands. With global electricity usage projected to double in the next few years due to data center expansion, the demand for uranium is expected to rise sharply. Add to that the structural supply deficits, geopolitical reshuffling, and rising public support for nuclear energy—and you have the backdrop for a potential breakout cycle. That’s where companies like Foremost Clean Energy (NASDAQ: FMST) come in. Canada's Strategic Edge in the Critical Mineral Supply Chain… As global markets move to reduce reliance on unstable jurisdictions, Canada has emerged as a key player in the secure supply of critical materials. Saskatchewan’s Athabasca Basin offers not only some of the highest-grade uranium on Earth, but also the infrastructure, governance, and history to back large-scale development. Foremost Clean Energy (NASDAQ: FMST) holds the rights to earn up to 70% across 10 uranium properties in this region—an exceptional land position spanning over 330K acres, with mineralization grades often 10 to 100 times the global average.  What makes this even more distinct is (FMST)’s presence as one of the only Nasdaq-listed pure-plays focused on the Athabasca Basin, supported by a 19% equity stake and ongoing collaboration with Denison Mines Corp. 7 Reasons Why Foremost Clean Energy (NASDAQ: FMST) Is Topping  Our Watchlist This Morning… 1. Analyst Coverage: Analyst Steven Ralston, CFA, has laid out a $5.45 target in his Zacks Research coverage. This number suggests over 250% in upside potential from (FMST)’s recent $1.50 range. 2. Low Float: With fewer than 8M shares in the float and a sub-$15M market cap, (FMST) sits in a sweet spot where momentum can shift fast. The potential for significant swings is there if demand begins to shift. 3. Recent Market Recognition: (FMST) moved approximately 169% in just over a month, from April 10 to $1.64 yesterday, May 13, clearing major technical thresholds and attracting increasing market attention. 4. Denison Mines Owns Over 19%: One of the most respected legacy names in the uranium sector isn’t just collaborating with (FMST)—they’re also owners. And they're backing the field strategy with technical, financial, and operational support. David Cates, Denison’s President and CEO even holds a seat on their board. 5. Athabasca Basin Focus: (FMST) holds rights to earn up to 70% across 10 uranium properties in Saskatchewan’s Athabasca Basin—known to host the highest-grade uranium deposits on the planet, with grades 10 to 100 times higher than the global average. This includes more than 330K acres of prime exploration territory. 6. Drilling Momentum Builds at Hatchet and CLK: New mineralization was recently confirmed at Hatchet Lake with drilling and follow-ups underway. At the same time, (FMST) recently completed a 771 km airborne survey over its CLK property—with results expected in the coming weeks to guide a 2,000-metre summer drill program targeting new zones and expanding on past intercepts. 7. Dual Exposure: With Uranium + Lithium, (FMST) also holds over 55K acres of lithium projects across Manitoba and Quebec—adding a strategic angle as energy markets shift toward electrification. (FMST) Will Be Topping Our Watchlist Tomorrow —Wednesday, May 14, 2025. Foremost Clean Energy (NASDAQ: FMST) is quickly becoming one of the names attracting fresh attention.  The company now has a new uranium discovery confirmed, a strategic footprint across the Athabasca Basin, a recently completed 771 km survey at CLK (with results expected soon), and major backing from Denison Mines. It’s not just the fieldwork that stands out—it’s the structure.  Pull Up Foremost Clean Energy (NASDAQ: FMST) Before Tomorrow Morning… With fewer than 8M shares in the float and a market cap currently below $15M, the setup alone makes this one to watch.  And when you factor in analyst coverage targeting $5.45, fresh momentum, and dual exposure to uranium and lithium, the case builds fast. Most importantly, (FMST) is operating in the Athabasca Basin—home to the highest-grade uranium deposits on the planet, with concentrations that often run 10 to 100 times higher than the global average. We have all eyes on (FMST) this morning. But, don’t just take my word for it. Consider starting our own research on (FMST) while it’s still early. My next update should be out to you within the hour—so please keep a lookout. Sincerely, Jeff Ackerman Managing Editor Stock News Trends StockNewsTrends.com (“StockNewsTrends” or “SNT” ) is owned by TD Media LLC, a single member limited liability company. Data is provided from third-party sources and StockNewsTrends is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile SNT brings to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized in.vest.ment advice, are not in.vest.ment advisors, and any profiles we mention are not suitable for all in.vest.ors. The owner of TD Media LLC owns and operates stocknewstrends . com (“SNT”). From time to time, SNT will publicly disseminate information about a company via website, email, SMS and other points of media. *Foremost Clean Energy Ltd. (FMST:US) (FAT:CA) previously changed their company name from Foremost Lithium Resource & Technology Ltd. (FMST:US) (FAT:CA). Pursuant to an agreement between TD Media LLC and LFG Equities Corp., TD Media LLC has been hired for a period beginning on 05/05/2025 and ending on 05/15/2025 to publicly disseminate information about (FMST:US) (FAT:CA) via digital communications. Under this agreement, TD Media LLC has been paid sixty five thousand USD (“Funds”). To date, including under the previously described agreement, TD Media LLC has been paid one hundred seventy two thousand five hundred USD (“Funds”). These Funds were part of the funds that TD Media LLC received from a third party who did receive the Funds directly or indirectly from the Issuer and does not own stock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices. Neither TD Media LLC and their member own shares of (FMST:US) (FAT:CA). Please see important disclosure information here: https://lifewatermedia.com/disclosure/fmst-uc7lj/#details

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