Foremost clean energy provides clarity around halt and effective date

Vancouver, british columbia, jan. 30, 2025 (globe newswire) -- foremost clean energy ltd. (nasdaq: fmst) (cse: fat) ("foremost" or the "company"), an emerging north american uranium and lithium exploration company, wishes to provide clarity as a result of a cse bulletin issued yesterday (the “original bulletin”) which indicated that the effective date of the previously announced spin out (the "spin-out") of its gold and silver properties into a new stand-alone public company named rio grande resources ltd. ("rio grande"), pursuant to a plan of arrangement (the "arrangement") was anticipated to occur on january 30, 2025.
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