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by Will Purcell
The critical and specialty minerals stocks box score on Friday was a positive 96-77-137 as the TSX Venture Exchange added seven points to 905. Jason Barnard's Foremost Clean Energy Ltd. (FAT) rose 15 cents to $2.53 on 40,000 shares. The company cheers that it is poised to have earned a 51-per-cent interest in nine of the 10 projects in the Athabasca district of Northern Quebec that are covered by an option arrangement with Denison Mines Corp. (DML: $4.58). It is also earning its initial 35.78-per-cent interest in the more advanced Hatchet Lake property, also covered by the Athabasca option agreement.
Mr. Barnard, Foremost's president and chief executive officer, is suitably enthused. He gushed that "when we entered into this strategic agreement with Denison in [the fall of] 2024, the global nuclear energy landscape was rapidly evolving and our mission was clear -- to systematically advance this exceptional portfolio of Athabasca uranium projects through disciplined, science-driven exploration."
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