Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) Announces Rio Grande Resources' Listing On CSE


(MENAFN- Investor Brand Network) Foremost Clean energy (NASDAQ: FMST) (CSE: FAT) announced that its spinout, Rio Grande Resources, has received final approval to list its common shares on the Canadian Securities Exchange under the symbol“RGR,” with trading set to commence Feb. 7, 2025. Jason Barnard, CEO of Foremost, highlighted Rio Grande's strong Gold and silver assets in New Mexico, citing high-grade assays and the favorable market conditions for precious metals. Rio Grande holds a 100% interest in the Winston Group of Properties, which includes three historic gold and silver mines across 1,229 hectares in central New Mexico.

To view the full press release, visit

About Foremost Clean Energy Ltd.

Foremost Clean Energy, assuming the effectiveness of the transaction, will be an emerging North American uranium exploration company with interests in 10 prospective properties spanning over 330,000 acres in the prolific, uranium-rich Athabasca Basin. As global demand for decarbonization accelerates, the need for nuclear power is crucial. Foremost expects to be positioned to capitalize on the growing demand for uranium through discovery in a top jurisdiction with the objective to support the world's energy-transition goals. Alongside its exploration partner Denison, Foremost will be committed to a strategic and disciplined exploration strategy to identify resources by testing drill–ready targets with identified mineralization along strike of recent major discoveries. Foremost also maintains a secondary portfolio of significant lithium projects at different stages of development spanning over 50,000 acres across Manitoba and Quebec. For more information about the company, visit .

NOTE TO INVESTORS: The latest news and updates relating to FMST are available in the company's newsroom at

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