Foremost lithium announces $10 million application for the government of canada's critical mineral infrastructure fund

Vancouver, british columbia, feb. 28, 2024 (globe newswire) -- foremost lithium resource & technology ltd. (nasdaq: fmst) (cse: fat) (“foremost lithium”, “foremost” or the “company”), a north american hard-rock lithium exploration company, today announced that it has submitted a $10 million proposal for the government of canada's critical mineral infrastructure fund (“cmif”) – a $1.5 billion fund to support clean energy and transportation infrastructure projects necessary to enable the sustainable development and expansion of critical minerals in canada. the cmif provides for two eligible streams of funding with stream 1 being preconstruction and project development activities, and stream 2 being infrastructure deployment activities.
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