Foremost clean energy announces court approval of spin-out of rio grande resources

Vancouver, british columbia, jan. 13, 2025 (globe newswire) -- foremost clean energy ltd. (nasdaq: fmst) (cse: fat) (“foremost” or the “company”), an emerging north american uranium and lithium exploration company, is pleased to announce that the company has obtained a final order from the supreme court of british columbia approving the proposed plan of arrangement (the “arrangement”) under which the company will spin-out its gold and silver properties located in sierra county, new mexico, united states (collectively, the “winston property”) to shareholders through rio grande resources ltd. (“rio grande”), a wholly-owned subsidiary of the company.
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