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.

6 months ago
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