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Foremost Lithium Approved to List on Upstream – A Next Generation Market

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Foremost Lithium Resource & Technology (NASDAQ: FMST) (CSE: FAT), a North American hard-rock lithium exploration company, has been approved to list its shares on Upstream, a revolutionary securities trading app. Trading will commence on July 31, 2024, at 10:00 am ET under the ticker symbol FMST. Upstream aims to eliminate barriers for international investment into North America without competing with domestic exchanges like Nasdaq and CSE.

The uplisting is expected to enhance Foremost's global investment exposure and potential opportunities. Existing shareholders and listings on Nasdaq and CSE will not be affected. Upstream supports trading using USDC digital currency, credit, debit, PayPal, and USD, potentially unlocking liquidity and enhancing price discovery for Foremost.

Foremost Lithium Resource & Technology (NASDAQ: FMST) (CSE: FAT), un'azienda nordamericana di esplorazione del litio in roccia dura, è stata approvata per quotare le proprie azioni su Upstream, un'app rivoluzionaria per il trading di titoli. Gli scambi inizieranno il 31 luglio 2024, alle 10:00 ET, con il simbolo ticker FMST. Upstream punta a eliminare le barriere per gli investimenti internazionali in Nord America senza competere con le borse domestiche come Nasdaq e CSE.

Si prevede che questo aggiornamento potenzi l'esposizione globale agli investimenti di Foremost e le opportunità potenziali. Gli azionisti esistenti e le quotazioni su Nasdaq e CSE non saranno influenzati. Upstream supporta il trading utilizzando la valuta digitale USDC, carte di credito, debito, PayPal e USD, sbloccando potenzialmente liquidità e migliorando la scoperta dei prezzi per Foremost.

Foremost Lithium Resource & Technology (NASDAQ: FMST) (CSE: FAT), una empresa norteamericana de exploración de litio en roca dura, ha sido aprobada para listar sus acciones en Upstream, una revolucionaria aplicación de trading de valores. El comercio comenzará el 31 de julio de 2024, a las 10:00 a.m. ET bajo el símbolo de ticker FMST. Upstream tiene como objetivo eliminar las barreras para la inversión internacional en América del Norte sin competir con las bolsas domésticas como Nasdaq y CSE.

Se espera que esta actualización mejore la exposición global a las inversiones de Foremost y las oportunidades potenciales. Los accionistas existentes y las listas en Nasdaq y CSE no se verán afectadas. Upstream admite trading utilizando la moneda digital USDC, tarjetas de crédito, débito, PayPal y USD, desbloqueando potencialmente liquidez y mejorando el descubrimiento de precios para Foremost.

포어모스트 리튬 리소스 & 테크놀로지(NASDAQ: FMST) (CSE: FAT)는 북미의 하드 록 리튬 탐사 회사로 업스트림에 상장 승인되었습니다. 이는 혁신적인 증권 거래 앱입니다. 거래는 2024년 7월 31일 오전 10시 ET에 FMST라는 티커 심볼 아래 시작됩니다. 업스트림은 북미로의 국제 투자 장벽을 없애는 것을 목표로 하고 있습니다, 나스닥 및 CSE와 같은 국내 거래소와 경쟁하지 않습니다.

이번 상장은 포어모스트의 글로벌 투자 노출이 확대되고 잠재적 기회를 높일 것으로 예상됩니다. 기존 주주와 나스닥 및 CSE의 상장은 영향을 받지 않습니다. 업스트림은 USDC 디지털 통화, 신용카드, 직불카드, 페이팔 및 USD를 사용한 거래를 지원하여 포어모스트의 유동성을 잠금 해제하고 가격 탐색을 개선할 수 있습니다.

Foremost Lithium Resource & Technology (NASDAQ: FMST) (CSE: FAT), une société nord-américaine d'exploration de lithium à roche dure, a été approuvée pour l'inscription de ses actions sur Upstream, une application de trading de valeurs révolutionnaire. Le trading commencera le 31 juillet 2024, à 10h00 ET sous le symbole ticker FMST. Upstream vise à supprimer les barrières à l'investissement international en Amérique du Nord sans rivaliser avec les bourses nationales comme Nasdaq et CSE.

Cette mise à jour devrait améliorer l'exposition mondiale aux investissements de Foremost et les opportunités potentielles. Les actionnaires existants et les inscriptions sur Nasdaq et CSE ne seront pas affectés. Upstream prend en charge le trading avec la monnaie numérique USDC, les cartes de crédit, de débit, PayPal et USD, ce qui permet potentiellement de débloquer la liquidité et d'améliorer la découverte des prix pour Foremost.

Foremost Lithium Resource & Technology (NASDAQ: FMST) (CSE: FAT), ein nordamerikanisches Unternehmen für die Erschließung von Hartgestein-Lithium, wurde genehmigt, seine Aktien auf Upstream zu listen, einer revolutionären App für den Handel mit Wertpapieren. Der Handel beginnt am 31. Juli 2024, um 10:00 Uhr ET unter dem Tickersymbol FMST. Upstream hat das Ziel, Barrieren für internationale Investitionen in Nordamerika abzubauen, ohne mit inländischen Börsen wie Nasdaq und CSE zu konkurrieren.

Die Auflistung wird voraussichtlich die globale Investitionssichtbarkeit von Foremost erhöhen und potenzielle Möglichkeiten schaffen. Bestehende Aktionäre und die Blistungen bei Nasdaq und CSE sind davon nicht betroffen. Upstream unterstützt den Handel mit der digitalen Währung USDC, Kreditkarten, Debitkarten, PayPal und USD, was potenziell die Liquidität freisetzen und die Preisbildung für Foremost verbessern kann.

Positive
  • Approval to list shares on Upstream, a new trading platform
  • Potential to access international, digital-first investor base
  • Possible enhancement of global investment exposure
  • Opportunity to unlock additional liquidity
Negative
  • None.

Trading to Commence on Upstream July 31, 2024 under Upstream Ticker Symbol FMST

VANCOUVER, British Columbia, July 25, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced the approval to list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North America while not competing with other exchanges domestically, such as Nasdaq and the Canadian Securities Exchange (“the CSE”). Trading begins on Upstream July 31, 2024, at 10:00 am ET under the ticker symbol FMST.

Upstream was designed to provide companies like Foremost the channel to access an international, digital-first investor base that trade using USDC digital currency along with credit, debit, PayPal, and USD which could unlock liquidity and enhance price discovery. The uplisting is expected to enhance Foremost’s global investment exposure and potential investment opportunities. Foremost’s current shareholders and its listings on Nasdaq and CSE will not be affected by the listing to Upstream.

We believe securing this listing on Upstream will help unlock additional liquidity and expand our global shareholder base by reaching untapped international markets,” said Jason Barnard, President & CEO of Foremost Lithium. “As we continue on the path towards future value creation for our stakeholders, it is increasingly important that we can share our developments both domestically and internationally. We look forward to working with the team at Upstream for our listing on July 31.”

Existing non-U.S. and Canadian shareholders and investors outside North American markets may prepare for the listing by downloading Upstream from their preferred app store at https://upstream.exchange/, creating an account by tapping sign up, and completing a simple KYC identity verification. Note, U.S. or Canadian persons may not deposit, buy, or sell securities on Upstream.

About Upstream

Upstream, a MERJ Exchange market (https://merj.exchange), is a global securities trading app. Powered by Horizon's proprietary, transparency-first, matching engine, Upstream allows investors outside of the U.S. to trade securities using just an app. For more information, please visit https://upstream.exchange. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted.

Options

The Company has renewed its agreement with the MZHCI, LLC (the “MZ Group”) located 27422 Aliso Creek Road, Suite 250, Aliso Viejo, CA 92656 USA, to continue its consulting service providing investor relations and corporate communications for the Company across North American markets for a period of twelve months commencing August 1, 2024, for USD $9,000 per month. The Company has also granted the MZ Group a fully vested stock option to purchase an aggregate of up to 36,000 common shares of the Company at an exercise price of CAD $3.91 or (USD $2.84) per common share of the Company, expiring five years from date of grant. The stock options are issued pursuant to the Company’s Stock Incentive Plan and subject to compliance with all applicable securities laws the policies of the Canadian Securities Exchange.

About Foremost Lithium

Foremost Lithium (NASDAQ: FMST) (CSE: FAT) (FSE: F0R0) (WKN: A3DCC8) is a hard-rock lithium exploration company focused on empowering the North American clean energy economy. Foremost’s strategically located lithium properties extend over 43,000 acres in Snow Lake,

Manitoba, and hosts a property in a known active lithium camp situated on over 11,400 acres in Quebec called Lac Simard South.

Foremost’s four flagship Lithium Lane Projects as well as its Lac Simard South project are located at the tip of the NAFTA superhighway to capitalize on the world’s growing EV appetite, strongly positioning the Company to become a premier supplier of North America’s lithium feedstock. As the world transitions towards decarbonization, the Company’s objective is the extraction of lithium oxide (Li₂O), and to subsequently play a role in the production of high-quality lithium hydroxide (LiOH), to help power lithium-based batteries, critical in developing a clean-energy economy. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA. Learn More at www.foremostlithium.com.

Contact and Information

Company
Jason Barnard, President and CEO
+1 (604) 330-8067 
info@foremostlithium.com

Investor Relations
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
FMST@mzgroup.us
www.mzgroup.us

Follow us or contact us on social media:
Twitter: @foremostlithium
Linkedin: https://www.linkedin.com/company/foremost-lithium-resource-technology
Facebook: https://www.facebook.com/ForemostLithium

Forward-Looking Statements

Except for the statements of historical fact contained herein, the information presented in this news release and oral statements made from time to time by representatives of the Company are or may constitute “forward-looking statements” as such term is used in applicable United States and Canadian laws and including, without limitation, within the meaning of the Private Securities Litigation Reform Act of 1995, for which the Company claims the protection of the safe harbor for forward-looking statements. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect,” “is expected,” “anticipates” or “does not anticipate,” “plans,” “estimates” or “intends,” or stating that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as forward-looking statements. Forward-looking statements in this news release include, among others, statements relating to: the listing on Upstream, the timing, process and conditions thereof, the impact on liquidity and price discovery of such listing and the impact on current shareholders and existing listings and the ability of Foremost to reach international investors. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the automotive industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities. and information. Please refer to the Company’s most recent filings under its profile at www.sedarplus.ca for further information respecting the risks affecting the Company and its business.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.


FAQ

When will Foremost Lithium (FMST) start trading on Upstream?

Foremost Lithium (FMST) will start trading on Upstream on July 31, 2024, at 10:00 am ET.

How will the Upstream listing affect Foremost Lithium's (FMST) existing shareholders?

The Upstream listing will not affect Foremost Lithium's (FMST) existing shareholders or its current listings on Nasdaq and CSE.

What are the potential benefits for Foremost Lithium (FMST) from listing on Upstream?

Listing on Upstream could potentially enhance Foremost Lithium's (FMST) global investment exposure, unlock additional liquidity, and expand its global shareholder base by reaching untapped international markets.

Can U.S. or Canadian investors trade Foremost Lithium (FMST) on Upstream?

No, U.S. or Canadian persons may not deposit, buy, or sell securities on Upstream. The platform is designed for non-U.S. and Canadian shareholders and investors outside North American markets.

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