Foremost Lithium Resource & Technology Ltd (TSE:FAT) has released an update.
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Foremost Clean Energy Ltd. has successfully completed the initial phase of a strategic transaction with Denison Mines, acquiring a 20% interest in ten uranium properties in Canada’s Athabasca Basin. This move makes Denison the largest shareholder of Foremost Clean Energy and brings valuable expertise to the company’s board, with Denison’s CEO and VP of Exploration joining as advisors, signaling a robust push into uranium exploration at a time when nuclear energy resources are in demand.
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