Issuer-Sponsored Content from Foremost Clean Energy*

Markets are setting up for a week where things can move fast, with jobs data and CPI both hitting back-to-back. I’m watching a less crowded energy theme tied to the AI power crunch that’s been quietly gaining momentum. This one’s back at a level that’s worth paying attention to.

TODAY’S TOP ALERT! 

Foremost Clean Energy (Nasdaq: FMST)

👉  FMST is TODAY’S #1 ALERT 👈

Good morning, Folks - Jeff Bishop here (if you’re a Bullseye Member, watch out for trade plan dropping at 9:15am ET).

We’re having a frigid start to the week here in Virginia, but on Wall Street, it looks like things are heating up. 🔥

S&P 500 and Nasdaq futures are up about 0.5% as of this writing following a rare down week.

This week we’ll get critical insights into both arms of the Fed’s mandate. Tomorrow we get  November nonfarm payroll data and Thursday we get the November CPI readout.

That’s a recipe for volatility, so I’m focused on stocks outside of the AI trend that has been so unsteady lately.

You’ve probably heard plenty about gold and silver this year, but one of the overlooked breakout stories is uranium.

But as with the precious metals, I prefer mining stocks to the metals themselves, and one of my favorite uranium-mining stocks is Foremost Clean Energy Ltd. (FMST)*.

It’s a uranium and lithium exploration company whose stock is up about 117% this year (so far).

That trounces the S&P 500’s 16% YTD gain more than sevenfold.

I’ve alerted this one several times in 2025. One of my alerts was on the morning of May 12. Here’s how it looked by the end of the day:

By the end of that week, it had increased by 164% from my initial alert.

And a few weeks later, FMST had soared 400%!

It was one of the best “tactical” runs we have seen in a long time.

I alerted it again on June 4, and by the following day, it had climbed 31% from my alert.

You’ll see the stock pulled back with the markets beginning in mid-October, but it staged a big recovery starting November 21.

From its low on November 21 through Friday’s close, it’s up an impressive 47%.

I’ve had great success lately locking in on small stocks that have outperformed since 11/21, and this clearly fits the bill.

Uranium has delivered headline after headline with real impact this year…

Like in late October when we learned that the Commerce Department signed an $80 billion nuclear deal with Westinghouse (🤯).

Westinghouse is 49%-owned by Cameco, a uranium giant built on discoveries in the Athabasca Basin — the same ground FMST is actively exploring and drilling.

The stock is currently hovering around a $3.05 pivot that has served as resistance in August and support in October.

Now that it has reclaimed that level, I’m watching to see if it serves as a springboard from here.

👉  FMST is TODAY’S #1 ALERT* 👈

So why are uranium stocks like FMST soaring?

A glaring vulnerability is now on a collision course with the AI boom…

Data center energy demand is reaching unprecedented levels, and NVIDIA CEO Jensen Huang has stated, “Winning the AI race is impossible without nuclear power.”

Why? Because ONE AI data center can eat the output of an entire nuclear reactor.

That’s why nuclear energy is suddenly sexy again, and URANIUM is the bottleneck.

The federal government is clearly placing its bets on nuclear. On May 23, President Trump signed an executive order that generated this headline:

The President “outlined plans to overhaul the U.S. nuclear regulator, fast-track licenses for new projects, boost domestic fuel supplies and use federal lands for reactors for the military or large data centers for artificial intelligence.” [emphasis added]

The White House said his executive orders would “usher in a nuclear renaissance.”

And on June 3, the Wall Street Journal reported that “Meta Signs Nuclear Power Deal to Fuel Its AI Ambitions.”

In July, Westinghouse revealed plans to build 10 large nuclear reactors in the U.S., with construction to begin by 2030.

Each of the reactors will generate enough electricity to power 750,000 homes.

And Wall Street’s all in: Mercuria, a $15B commodities giant, recently launched a physical uranium trading desk, hiring away a top Goldman Sachs uranium trader. 

Citi and Natixis are building out uranium desks too. They see what’s coming: Uranium demand could more than double by 2040. When the biggest traders on the planet enter the market, you pay attention.

These bold ambitions will clearly require a reliable supply of uranium, and FMST is in a unique position to capitalize…

Its exploration efforts provide a critical North American uranium solution at a pivotal time, leveraging the fact that Canada already supplies 25% of U.S. uranium and new federal policies are igniting a supply race.

On June 20 of this year, Sprott Physical Uranium Trust (SPUT) announced a $200M deal to acquire physical uranium.

The predictable result of all of this is that the uranium price is up 22% since its March low, reversing a months-long decline. On a longer timeframe, if you compare it to December 2020, uranium is up 156%.

With all these market dynamics in place, high-grade explorers like FMST find themselves very well positioned.

The company holds a diversified portfolio of 10 properties in Canada’s Athabasca Basin, the world’s richest uranium region, with grades 10 to 100 times higher than the global average.

One competitive advantage FMST has is its partnership with uranium producer Denison Mines Corp (NYSE American: DNN & TSX: DML), which gave FMST the option to acquire up to a 70% interest in 10 uranium exploration properties.

This is a total game changer. Denison — “a clear leader in the uranium sector” — purchased an additional 485,000 shares in FMST in September, bringing its total ownership to about 19.17% of FMST’s outstanding common shares at the time.

Denison also provides FMST technical/financial backing — de-risking exploration while offering direct access to their uranium expertise and vast industry network. It’s clearly vested in its partner’s success.

The 10 properties span over 330,000 acres located in the Athabasca Basin in Saskatchewan, an area “with robust infrastructure and known to host some of the world's richest uranium deposits producing ~15% of world’s primary uranium supply, where grades routinely hit 10-100X global average!” It’s often called the “Saudi Arabia of Uranium”!

As a bonus, FMST maintains a portfolio of lithium and gold projects at varying stages of development with extensive past drilling, located across 55,000+ acres in Manitoba and Quebec — giving investors battery metals exposure without dilution.

In March, FMST announced a $6.5 million fully-funded exploration program on its diverse portfolio within proven uranium corridors near some of the world’s largest and highest-grade uranium operations, including the McArthur River and Cigar Lake mines. 

FMST confirmed multiple drill programs will turn in 2025 on drill-ready and permitted targets, positioned along strike of recent high-grade discoveries providing investors de-risked exploration within a tier 1 district. 

Denison, thanks to its years of previous exploration, including drilling and geophysical surveys, is providing FMST a validated roadmap, enabling high- potential targeted drilling on mineralized zones and providing FMST a clear competitive advantage from the outset.

Murphy Lake South: The property runs alongside  the LaRocque corridor — home to IsoEnergy’s Hurricane Deposit (48.6M lbs @ 34.5% U₃O₈). This is the geological zone where monster discoveries happen. 

The company’s 8-hole, 2,500 meter diamond drill program at the property was completed in November with “highly encouraging” preliminary results.

In August, the company announced the results of its recently completed radon survey at the Wolverine Uranium Property. CEO Jason Barnard said they “provide strong evidence that the interpreted structures at Wolverine are associated with elevated radon anomalies which may suggest the presence of subsurface uranium.”

The company plans to use the results “to refine high-priority drill targets for future testing.”

Interestingly, in September the company announced that a 2,500 meter drill program at its Jean Lake Gold-Lithium Property would commence that month.

The program “is strategically designed to capitalize on record-high gold prices by expanding known high-grade gold and lithium mineralization identified in the 2022-2023 drill campaign.”

And on November 10, FMST reported “High-Grade Gold Results from First Two Holes of 2025 Jean Lake Drill Program.”

Last Monday, it announced the completion of the drill program and the commencement of core sampling in order to update its geologic and structural model for Jean Lake.

In October, FMST revealed it received a three-year exploration permit from the Saskatchewan Ministry of Environment for its Hatchet Lake Uranium Project.

And later that month, it reported “significant increase in the grade of the uranium mineralization reported” for its drill program at Hatchet Lake that it completed earlier this year.

FMST maintains a lean capital structure. With about 14.4 million shares outstanding and with an ultra-tight float of just over 8 million shares, FMST's structure is a volatility amplifier.

As you do your own research on FMST, be sure to take a look at this investor presentation released just this month as well as the company website.

And of course, always approach your trading in a responsible manner, remembering that trading is very risky. Nothing is ever guaranteed, so never trade with more than you can afford to lose. 

Please read the full disclaimer at the bottom of this email as well, so you are aware of our compensation and other conflicts of interest, as well as additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.

Bottom line: FMST has been on rocket ride in 2025 — shooting up 120%. 

It’s up 47% since November 21, and is currently sitting at a critical pivot level.

Stay locked into FMST to see where it goes from here!

To Your Success,