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Foremost Clean Energy Spins Off Winston Assets
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Foremost Clean Energy Spins Off Winston Assets

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Foremost Lithium Resource & Technology Ltd (TSE:FAT) has released an update.

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Foremost Clean Energy Ltd. has received shareholder approval for the spin-out of its Winston Gold and Silver properties into a separate company, Rio Grande Resources Ltd. This move allows Foremost shareholders to receive two shares of Rio Grande for each share they hold, providing them with stock in both Foremost and the new company.

For further insights into TSE:FAT stock, check out TipRanks’ Stock Analysis page.

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