Issuer-Sponsored Content from Foremost Clean Energy*

TODAY’S TOP ALERT! 

Foremost Clean Energy (Nasdaq: FMST)

👉  FMST is TODAY’S #1 ALERT 👈

Good morning, Folks, Jeff Bishop here! Please join me (and a special pro-trader!) at 11AM EST today in Market Master’s as we run down our top stocks and sectors for 2026.

Room Link → Market Master’s 11AM EST. Free for all to attend.

Stock futures are looking rough this morning after President Trump launched several broadsides against Europe — including new tariffs — on the subject of Greenland.

The Dow, Nasdaq, and S&P 500 futures are each down about 1.5% as of this writing.

The sector that’s standing out most to me right now is precious metals. Gold futures are up about 3%, and silver futures up nearly 7%.

And that’s just since midnight…

But while gold and silver have been the real noisemakers, the unsung winner lately has been uranium.

Over the past two months, it has ramped up 12%, and since early March it’s up 34%:

But as with the precious metals, I prefer mining stocks to the metals themselves, and one of my favorite uranium-mining stocks right now is Foremost Clean Energy Ltd. (FMST)*.

It’s a uranium and lithium exploration company whose stock is up about 242% since that same point in early March — outperforming the metal itself more than sevenfold.

I alerted this one several times in 2025. One of my alerts was on the morning of May 12. By the end of the day, it was up 52%.

By the end of that week, it had increased by 164% from my initial alert.

And a few weeks later, FMST had soared 400%!

It was one of the best “tactical” runs we have seen in a long time.

I alerted it again on June 4, and by the following day, it had climbed 31% from my alert.

What interests me right now is that the stock is sitting at a support level that it has bounced hard from not once… twice… three times… but four times over the past year.

Since mid-May, the stock has refused to drop below this level except for two very brief drips over the last three trading days.

With the stock flashing green in the pre-market (unlike just about everything else!), I’m watching it very closely today to see if this support level acts as a springboard again.

👉  FMST is TODAY’S #1 ALERT* 👈

Uranium has delivered headline after headline over the past year…

Like in late October when we learned that the Commerce Department signed an $80 billion nuclear deal with Westinghouse (🤯).

Westinghouse is 49%-owned by Cameco, a uranium giant built on discoveries in the Athabasca Basin — the same ground FMST is actively exploring and drilling.

So why are uranium stocks like FMST soaring?

Data center energy demand is reaching unprecedented levels, and NVIDIA CEO Jensen Huang has stated, “Winning the AI race is impossible without nuclear power.”

Why? Because ONE AI data center can eat the output of an entire nuclear reactor.

That’s why nuclear energy is suddenly sexy again, and URANIUM is the bottleneck.

The federal government is clearly placing its bets on nuclear. On May 23, President Trump signed an executive order that generated this headline:

The President “outlined plans to overhaul the U.S. nuclear regulator, fast-track licenses for new projects, boost domestic fuel supplies and use federal lands for reactors for the military or large data centers for artificial intelligence.” [emphasis added]

The White House said his executive orders would “usher in a nuclear renaissance.”

On June 3, the Wall Street Journal reported that “Meta Signs Nuclear Power Deal to Fuel Its AI Ambitions.”

On June 20, Sprott Physical Uranium Trust (SPUT) announced a $200M deal to acquire physical uranium.

And in July, Westinghouse revealed plans to build 10 large nuclear reactors in the U.S., with construction to begin by 2030.

Each of the reactors will generate enough electricity to power 750,000 homes.

And Wall Street’s all in: Mercuria, a $15B commodities giant, launched a physical uranium trading desk in September.

Citi and Natixis are building out uranium desks too. They see what’s coming: Uranium demand could more than double by 2040. When the biggest traders on the planet enter the market, you pay attention.

The predictable result of all of this, as mentioned, is that the uranium price is up 34% since its March low, reversing a months-long decline. On a longer timeframe, if you compare it to January 2020, uranium is up 183%.

And FMST is in a unique position to capitalize…

Its exploration efforts provide a North American uranium solution at a pivotal time, leveraging the fact that Canada already supplies 25% of U.S. uranium.

The company holds a diversified portfolio of 10 properties in Canada’s Athabasca Basin, the world’s richest uranium region, with grades 10 to 100 times higher than the global average.

One competitive advantage FMST has is its partnership with uranium producer Denison Mines Corp (NYSE American: DNN & TSX: DML), which gave FMST the option to acquire up to a 70% interest in 10 uranium exploration properties.

This is a total game-changer. 

Denison — “a clear leader in the uranium sector” — purchased an additional 485,000 shares in FMST in September, bringing its total ownership to about 19.17% of FMST’s outstanding common shares at the time.

Denison also provides FMST technical/financial backing — de-risking exploration while offering direct access to their uranium expertise and vast industry network. It’s clearly vested in its partner’s success.

The 10 properties span over 330,000 acres located in the Athabasca Basin in Saskatchewan, an area “with robust infrastructure and known to host some of the world's richest uranium deposits producing ~15% of world’s primary uranium supply, where grades routinely hit 10-100X global average!” It’s often called the “Saudi Arabia of Uranium”!

As a bonus, FMST maintains a portfolio of lithium and gold projects at varying stages of development with extensive past drilling, located across 55,000+ acres in Manitoba and Quebec — giving investors battery metals exposure without dilution.

Last March, FMST announced a $6.5 million fully-funded exploration program on its diverse portfolio within proven uranium corridors near some of the world’s largest and highest-grade uranium operations, including the McArthur River and Cigar Lake mines. 

Multiple drill programs began turning in 2025, positioned along the strikes of high-grade discoveries, providing investors de-risked exploration within a tier 1 district. 

Denison, thanks to its years of previous exploration, including drilling and geophysical surveys, is providing FMST a validated roadmap, enabling high- potential targeted drilling on mineralized zones and providing FMST a clear competitive advantage from the outset.

Murphy Lake South: The property runs alongside  the LaRocque corridor — home to IsoEnergy’s Hurricane Deposit (48.6M lbs @ 34.5% U₃O₈). This is the geological zone where monster discoveries happen. 

The company’s 8-hole, 2,500 meter diamond drill program at the property was completed in November with “highly encouraging” preliminary results.

In August, the company announced the results of its recently completed radon survey at the Wolverine Uranium Property. CEO Jason Barnard said they “provide strong evidence that the interpreted structures at Wolverine are associated with elevated radon anomalies which may suggest the presence of subsurface uranium.”

The company plans to use the results “to refine high-priority drill targets for future testing.”

Interestingly, in September the company announced that a 2,500 meter drill program at its Jean Lake Gold-Lithium Property would commence that month.

The program “is strategically designed to capitalize on record-high gold prices by expanding known high-grade gold and lithium mineralization identified in the 2022-2023 drill campaign.”

And on November 10, FMST reported “High-Grade Gold Results from First Two Holes of 2025 Jean Lake Drill Program.”

Then just last Wednesday, FMST revealed “positive lithium assay results from its 2025 drill program” at Jean Lake, noting “a strengthening market backdrop with lithium carbonate prices seeing a strong rally, increasing to over $20,000 USD per ton since the beginning of January.” [emphasis added]

In October, FMST revealed it received a three-year exploration permit from the Saskatchewan Ministry of Environment for its Hatchet Lake Uranium Project.

And later that month, it reported “significant increase in the grade of the uranium mineralization reported” for its drill program at Hatchet Lake that it completed earlier this year.

On December 22, FMST announced a $9 million exploration program for 2026 “primarily focused on advancing its Athabasca Basin uranium projects.” 

FMST maintains a lean capital structure. With about 14.4 million shares outstanding and with an ultra-tight float of just over 8 million shares, FMST's structure is a volatility amplifier.

As you do your own research on FMST, begin with this excellent shareholder letter from December 18. Then check out this investor presentation released just this month as well as the company website.

As always, be sure to approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. 

Please read the full disclaimer at the bottom of this email as well, so you are aware of our compensation and other conflicts of interest, as well as additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.

Bottom line: FMST has been on a rocket ride over the last 10 months — shooting up 241% — and it’s now sitting at a critical support level and green in the pre-market.

Stay locked into FMST today to see where it goes from here!

To Your Success,

Jeff Bishop

Questions or concerns about our products? Email [email protected] 

© Copyright 2025, Jason Bond LLC