FMST on Nasdaq

Foremost Clean Energy Ltd.

Foremost Clean Energy Ltd. is a Canadian miscellaneous metal ores company based in Vancouver.1 Its shares trade on Nasdaq under the symbol FMST.1

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Last updated Oct 21, 2026.

Overview

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  • TickerFMST on Nasdaq1
  • IndustryMiscellaneous Metal Ores1
  • HeadquartersA11
  • Incorporated inBritish Columbia, Canada2
  • Business addressSuite 250, 750 W. Pender Street, Vancouver2
  • Filer categoryNon-accelerated filer, Emerging growth company2
  • Legal formCorporation

Foremost Clean Energy Ltd. (formerly Foremost Lithium Resource & Technology Ltd.) was incorporated under the British Columbia Business Corporations Act (the “BCBCA”) as FAR Resources Ltd. on July 7, 2005 (Number: BC0729352). The Company changed its name to Foremost Lithium Resource & Technology Ltd. on January 4, 2022, and later changed its name to Foremost Clean Energy Ltd. on September 30, 2024. Our mailing address is 750 West Pender Street, Suite 250 Vancouver, British Columbia V7Y 1K3 Canada. We also have a secondary Saskatchewan office located at 311 4th Ave N., Saskatoon, SK S7K 2L8 Canada. Our company email address is info@foremostcleanenergy.com. Our telephone number is (604) 330-8067. Our principal website address is http://www.foremostcleanenergy.com.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income45-$5.8M in 2025+47% since 2022
-$6.0M-$4.0M-$2.0M02022: -$4.0M-$4.0M20222023: -$3.5M-$3.5M2023−11%2024: -$4.5M-$4.5M2024+27%2025: -$5.8M-$5.8M2025+29%
Net income45-$3.6M in 2025−13% since 2022
-$6.0M-$4.0M-$2.0M0$2.0M2022: -$4.2M-$4.2M20222023: $956.6K$956.6K20232024: -$4.5M-$4.5M20242025: -$3.6M-$3.6M2025−19%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2026-03-312025-03-312024-03-31
Consulting (Note 11)241.9K CAD160.3K CAD120.8K CAD
Investor relations and marketing4.2M CAD1.4M CAD851.6K CAD
Management and director fees (Note 11)1.2M CAD808.5K CAD754.5K CAD
Office, insurance and miscellaneous336.4K CAD306.3K CAD267.7K CAD
Professional fees1.4M CAD1.9M CAD1.2M CAD
Share-based payments (Notes 10 and 11)1.2M CAD872.9K CAD910.7K CAD
Transfer agent, listing and filing fees296.7K CAD276.3K CAD344.2K CAD
Travel38.2K CAD25.2K CAD70.4K CAD
Loss before other items-8.9M CAD-5.8M CAD-4.5M CAD
Change in fair value of derivatives (Note 10)-899.3K CAD498.5K CAD166.7K CAD
Change in fair value of market securities (Note 10)-592.5K CAD0 CAD0 CAD
Finance income on sublease0 CAD0 CAD1.3K CAD
Foreign exchange loss-15.5K CAD-43.5K CAD-36.0K CAD
Gain on forgiveness of debt (Note 8)0 CAD106.6K CAD10.0K CAD
Gain on long-term investment0 CAD0 CAD671 CAD
Gain on option settlement8.2K CAD0 CAD0 CAD
Gain on sublease0 CAD0 CAD3.0K CAD
Gain on spin-out transaction (Note 17)477.0K CAD1.9M CAD0 CAD
Gain on write off of loan5.0K CAD0 CAD0 CAD
Impairment of exploration and evaluation assets (Note 7)-127.2K CAD0 CAD0 CAD
Interest expense (Note 9)-15.0K CAD-97.4K CAD-126.6K CAD
Equity loss on investment in associate (Note 4)-26.7K CAD-105.8K CAD0 CAD
Other income (Note 6)23.4K CAD176 CAD0 CAD
Penalties and interest-149.2K CAD-193.3K CAD0 CAD
Gain on investment in marketable securities (Notes 4 and 5)1.5M CAD0 CAD0 CAD
Recovery of flow-through premium liability (Notes 10 and 16)1.8M CAD120.9K CAD8.5K CAD
Write-off of prepaid expenses0 CAD0 CAD-1.0K CAD
Net Loss and Comprehensive Loss for the year-6.9M CAD-3.6M CAD-4.5M CAD
Basic loss per common share (in CAD per share)-0.53 CAD-0.48 CAD-0.99 CAD
Diluted loss per common share (in CAD per share)-0.53 CAD-0.48 CAD-0.99 CAD
Weighted average number of common shares outstanding basic and diluted (in shares)13.1M shares7.5M shares4.5M shares

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Corporate structure

Foremost Clean Energy Ltd. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Foremost Clean Energy Ltd.

  • Jason Barnard Filed SC 13D/A on Foremost Clean Energy Ltd., latest Mar 19, 2024 (3 filings since Mar 19, 2024)
  • Foremost Clean Energy Ltd. A1

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Foremost Clean Energy Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents5.0M CAD5 Mar 31, 2025998.3K CAD5 Mar 31, 2024+401.4%

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • COOChristina Barnard named May 6, 20247
  • CEO and PresidentJason Barnard named May 6, 20247
  • CFO and Corporate SecretarySead Hamzagic named May 6, 20247
  • DirectorAndrew A Lyons named May 6, 20247
  • DirectorDouglas Mason named May 6, 20247
  • DirectorJohnathan A More named May 6, 20247
  • DirectorMichael A McLeod named May 6, 20247

Former names

  • Foremost Lithium Resource & Technology Ltd.Oct 13, 2022 to Oct 22, 20242
  • Foremost Lithium Resources & Technology Ltd.Sep 9, 2022 to Jun 6, 20232

Calendar

Coming up

  1. Nov 12, 2026Reports results for the quarter ending Sep/20268

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

206 filings to the SEC since October 2021: 3 annual reports, 3 large holders, 1 private raises, 199 other. The latest 20:

  1. Sep 14, 2026EFFECT EDGAR
  2. Aug 28, 20266-K EDGAR
  3. Aug 14, 20266-K EDGAR
  4. Aug 14, 2026POS AM EDGAR
  5. Aug 14, 20266-K EDGAR
  6. Jul 9, 20266-K EDGAR
  7. Jun 30, 202620-F EDGAR
  8. Jun 17, 20266-K EDGAR
  9. May 27, 20266-K EDGAR
  10. May 19, 20266-K EDGAR
  11. May 13, 20266-K EDGAR
  12. May 5, 20266-K EDGAR
  13. Apr 15, 20266-K EDGAR
  14. Apr 1, 20266-K EDGAR
  15. Mar 31, 20266-K EDGAR
  16. Mar 5, 20266-K EDGAR
  17. Mar 2, 20266-K EDGAR
  18. Feb 27, 20266-K EDGAR
  19. Feb 26, 20266-K EDGAR
  20. Feb 25, 20266-K EDGAR

The 206 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Jason BarnardSC 13D/A, 3 filings Mar 19, 20249

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$19.7K 2024–2024
Money received by yearMoney received by year, 2024–2024: $19.7K in all. Private raises (Form D) $19.7K.$0$5K$10K$15K$20K2024 · Private raises (Form D): $19.7K2024
Figures by year
YearPrivate raises (Form D)Total
2024$19.7K$19.7K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Apr 29, 2024Raised $19,694 in a private offering of equity7 Form D: $42,864 offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Citadel Advisors LLC82,675$120.7K0.0%New
Goldman Sachs Group Inc24,377$35.6K0.0%+2,445
Susquehanna International Group, Llp14,868$21.7K0.0%New
XTX Topco Ltd14,682$21.4K0.0%New
Jane Street Group, LLC14,137$20.6K0.0%−19,565
Osaic Holdings, Inc.8,808$12.9K0.0%+7,217
Morgan Stanley7,100$10.4K0.0%−13,793
UBS Group AG2,588$3.8K0.0%−2,392
Wells Fargo & Company/mn1,500$2.2K0.0%−1,300
Financial Consulate, Inc1,500$2.2K0.0%No change
Royal Bank Of Canada1,182$2.0K0.0%−1,818
Federation des caisses Desjardins du Quebec1,004$1.5K0.0%No change
TD Waterhouse Canada Inc.1,000$1.4K0.0%−800
Jones Financial Companies Lllp250$3850.0%No change
Hrt Financial LP12,092$170.0%−9,246
Caitong International Asset Management Co., Ltd2$30.0%−1

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Foremost Clean Energy Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARForemost Clean Energy Ltd.1
  • CIK0001935418
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company3
  • Incorporated inBritish Columbia3
  • Fiscal year endsMarch 311
  • Industry code (SIC)1090 Miscellaneous Metal Ores1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business addressSuite 250, 750 W. Pender Street, Vancouver, British Columbia, Canada1
  • Phone(604) 330-80671
  • Shares outstanding16,280,580 shares as of Mar 31, 20263
  • AuditorDAVIDSON & COMPANY LLP, Vancouver, Canada PCAOB ID 731; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceSep 9, 20221
  • Filings206 in all: 6-K (132), CORRESP (23), UPLOAD (9), 424B3 (6), F-1/A (6), EFFECT (5), POS AM (4), 20-F (3)1
    All 21 form types

    DRS/A (3), DRS (2), DRSLTR (2), SC 13D/A (2), 424B4 (1), 6-K/A (1), 8-A12B (1), 8-A12B/A (1), CERT (1), D (1), F-1 (1), F-3 (1), SC 13D (1)

  • Latest filingsAnnual report (20-F) Jun 30, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares, no par valueFMSTNasdaq

From the cover page of the 20-F filed Jun 30, 2026 (Section 12(b) of the Exchange Act).3