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

VANCOUVER, British Columbia, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost” or the “Company”) announces that further to the Amended & Restated Investor Rights Agreement dated July 23, 2025 (the “Denison IRA”) between the Company and Denison Mines Corp. (“Denison”, TSX: DML, NYSE American: DNN), Denison notified the Company of its intention to subscribe for common shares pursuant to its equity participation right relating to certain share issuances completed by the Company (see press release June 14, 2025). The share issuances were related to warrant exercises, and for property payments including the Company’s final property payment for its Jean Lake Lithium/Gold Property (see press release dated July 16, 2025).

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