Foremost Clean Energy Announces Closing of Brokered Private Placement for Gross Proceeds of C$10.5 Million Including Full Exercise of Over Allotment
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Foremost Clean Energy Ltd. has successfully closed a brokered private placement, raising C$10.5 million, including the full exercise of the over-allotment option. This announcement is not intended for U.S. news wire services or dissemination in the United States.
November 14, 2024 | 4:30 pm
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Foremost Clean Energy Ltd. completed a brokered private placement, raising C$10.5 million, which includes the full exercise of the over-allotment option.
The successful closing of the private placement and the full exercise of the over-allotment option indicate strong investor interest and confidence in Foremost Clean Energy Ltd. This capital raise can support the company's growth and operational plans, likely having a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100