• Denison Mines will subscribe for 137,590 shares at USD 2.44 each, lifting its stake in Foremost Clean Energy to 2,600,000 shares from 2,462,410.
• Ownership is expected to rise to about 15.8% from about 15.1% of shares outstanding once the issuance closes.
• Denison also holds 607,600 warrants, about 17% of Foremost warrants outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foremost Clean Energy Ltd. published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein.