Mr. Jason Barnard reports

FOREMOST CLEAN ENERGY ANNOUNCES 3-YEAR EXPLORATION DRILL PERMIT FOR CLK URANIUM PROPERTY SHOWCASING EXPLORATION PIPELINE

Foremost Clean Energy Ltd. has received a three-year exploration permit from the Saskatchewan Ministry of Environment for the CLK property, located in the world-renowned Athabasca basin region of Northern Saskatchewan. The permit, valid until Dec. 31, 2027, allows the company to conduct mineral exploration activities, including ground geophysics and drilling of up to 30 holes. Foremost is currently planning a fully financed exploration program for CLK, which is anticipated to begin in third quarter 2025.

Jason Barnard, Foremost's president and chief executive officer, noted: "Securing this permit, which is valid until the end of 2027, provides us the flexibility to test near high-grade historic uranium mineralization and potentially evaluate other targets on the project in the months and years to come. We are particularly excited about high-priority targets, including follow-up of CLG-D1, which intersected 8,600 ppm uranium. I believe CLK is a highly prospective property and showcases the depth of potential within Foremost's uranium exploration portfolio and its robust exploration pipeline.

"We expect the results of our recently completed MobileMT geophysical survey to allow us to further refine and prioritize our targets in preparation of our anticipated upcoming drill program."

CLK was strategically staked by Denison Mines Corp. and is composed of 25,753 acres (10,422 hectares) located approximately 30 kilometres south of the northern Athabasca basin margin. The property lies within the Snowbird tectonic zone, which is a structural corridor that is known to host several uranium occurrences. The property is adjacent to Saskatchewan Highway 905 and can be accessed by winter trail or year-round by aircraft from airstrips at either Black Lake or Stony Rapids.

Drill testing at CLK in 1997 and 2000 resulted in the completion of two significant drill holes, CLG-D1 and CLG-D5, both of which intersected notable uranium mineralization:

• CLG-D1: intersected 8,600 parts per million uranium (1) (approximately 1.01 per cent triuranium octoxide) at 862 metres, hosted in pitchblende stringers in the basement just below the unconformity;
• CLG-D5: intersected 510 ppm U (approximately 0.06 per cent U3O8) at approximately 900-metre depth immediately above the unconformity.

Planned exploration program

Foremost is awaiting the results of a recently completed MobileMT geophysical survey. Once the results are received, the company will complete a technical review and integrate the results with historically available data to further refine drill targets for an anticipated diamond drill program that is expected to begin later this summer.

Qualified person

The technical content of this news release has been reviewed and approved by Jordan Pearson, PGeo, project geologist for Dahrouge Geological Consulting Ltd., and a qualified person under National Instrument 43-101, who has prepared and reviewed the content of this press release.

A qualified person has not performed sufficient work or data verification to validate the historical results in accordance with National Instrument 43-101. Although the historical results may not be reliable, the company nevertheless believes that they provide an indication of the property's potential and are relevant for any future exploration program.

About Foremost Clean Energy Ltd.

Foremost is a rapidly growing North American uranium and lithium exploration company. The company holds an option from Denison Mines Corp. to earn an up-to-70-per-cent interest in 10 prospective uranium properties (with the exception of Hatchet Lake, where Foremost is able to earn up to 51 per cent), spanning over 330,000 acres in the prolific, uranium-rich Athabasca basin region of Northern Saskatchewan. As the demand for carbon-free energy continues to accelerate, domestically mined uranium and lithium are poised for dynamic growth, playing an important role in the future of clean energy. Foremost's uranium projects are at different stages of exploration from grassroots to those with significant historical exploration and drill-ready targets. The company's mission is to make significant discoveries alongside and in collaboration with Denison through systematic and disciplined exploration programs.

Foremost also has a portfolio of lithium projects at varying stages of development, which are located across 55,000-plus acres in Manitoba and Quebec.

(1) Uranium values were obtained by XRF analysis, a legacy method that does not meet current industry standards. Samples are believed to represent single-point measurements rather than intervals. See Saskatchewan mineral assessment file 74J16-0013.

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