Mr. Jason Barnard reports

FOREMOST LITHIUM ENGAGES OUTSIDE THE BOX CAPITAL FOR DIGITAL MARKETING SERVICES

Foremost Lithium Resource & Technology Ltd. has entered into a marketing and distribution services agreement with an arm's-length marketing firm, Outside The Box Capital Inc. (OTBC), of Oakville, Ont., to provide marketing services, including digital marketing services through various social media channels to broaden media distribution awareness about the company.

OTBC will also feature Foremost Lithium in different influencer-based videos and highlight videos surrounding recent company news via platforms, including Reddit, Discord, Telegram, Twitter and StockTwits. In addition, OTBC will spread company insights and announcements to new communities with hopes of attracting new investors and other interested parties for the company, through various social media platforms. The marketing services provided by OTBC is expected to create increased company awareness and investor engagement amongst its current and prospective shareholders.

The marketing agreement will have a term of six months starting on Nov. 13, 2023, and Foremost will pay OTBC a cash fee of $100,000 (U.S.) plus applicable taxes and also grant to OTBC 36,000 stock options having an exercise price of $3.65 per common share and an expiry date of one year from the date of grant. The stock options shall be subject to the terms and conditions of the company's current stock option plan. OTBC does not currently own any shares of the company as of the date hereof and has no direct relationship with the company other than as set out in this press release.

About Foremost Lithium Resource & Technology Ltd.

Foremost Lithium is a hard-rock lithium exploration company focused on empowering the North American clean energy economy. Foremost's strategically located lithium properties extend over 43,000 acres in Snow Lake, Man., and hosts a property in a known active lithium camp situated on over 11,400 acres in Quebec called Lac Simard South.

We seek Safe Harbor.