Foremost Clean Energy Receives Nasdaq Notification Regarding Minimum Bid Price Requirement

VANCOUVER, British Columbia, April 11, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) announces that on April 7, 2025, it received a notification letter (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not currently in compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires listed securities to maintain a minimum bid price of US$1.00 per share, and the Company's common shares have closed below this threshold for 31 consecutive business days from February 21, 2025, to April 4, 2025.

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