Foremost Clean Energy acquires 20% interest in 10 uranium properties in Saskatchewan, with Denison Mines becoming its largest shareholder.

Foremost Clean Energy Ltd. has finalized Phase One of its agreement with Denison Mines Corp., acquiring a 20% interest in 10 uranium exploration properties in Saskatchewan's Athabasca Basin. Denison now holds 19.95% of Foremost's shares, becoming its largest shareholder. Key executives from Denison have joined Foremost's board, positioning the company to enhance its uranium exploration efforts amid rising demand in the nuclear energy sector.

October 07, 2024
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