Foremost Clean Energy stake in Rio Grande drops below 10%

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Foremost Clean Energy Files Early Warning Report with Respect to Rio Grande Resources

August 28, 2026 1:54 PM EDT

VANCOUVER, British Columbia, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (Foremost or the Company) (NASDAQ: FMST) (CSE: FAT) today announces that it has filed an early warning report in respect of Rio Grande Resources Ltd. (Rio Grande).

On August 24, 2026, Rio Grande announced the closing of a private placement raising total gross proceeds of $2,546,500, resulting in the issuance of 12,732,500 Units at a price of $0.20 per Unit (the Rio Grande Private Placement). Each Unit... More