Foremost Clean Energy Completes C$5.7M Bought Deal Private Placement

Foremost Clean Energy completed a bought deal private placement for C$5.7 million, issuing 1.69 million flow-through units at C$3.40 each. The offering was led by Canaccord Genuity Corp. and included a partial exercise of the underwriter's option, raising C$245,480. The flow-through units consist of one common share and one half of a warrant, allowing holders to acquire additional shares at C$4.40 each until March 31, 2028. A 6% cash commission and broker warrants were also issued to the underwriter.