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Foremost Lithium Shareholders Elect New Directors and Approve Incentive Plan

Foremost Lithium Announces AGM Results and Executive Appointments

Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT), a leading North American hard-rock lithium exploration company, has announced the outcomes of its annual general and special meeting held in Vancouver, British Columbia, on January 25, 2024. The shareholders elected Jason Barnard, Michael McLeod, Johnathan More, Andrew Lyons, and Douglas L. Mason as directors for the following year.

Additionally, the AGM saw the approval of MNP LLP as the company auditor, with the directors receiving authorization to determine the remuneration for auditing services. The new 2023 Stock Incentive Plan also received the shareholders’ nod, detailed previously in the Company’s Management Information Circular.

Executive Team and Board Committee Updates

Following the AGM, the Board has confirmed the executive appointments, including Jason Barnard as President and CEO, Douglas L. Mason as non-executive Chairman, Bal Bhullar as CFO and Corporate Secretary, and Christina Barnard as COO. The Board also announced the composition of the Company’s Audit, Nominating and Corporate Governance, and Compensation Committees.

The Board extends its gratitude to the shareholders for their continued support and envisions further strengthening Foremost Lithium’s position in the clean energy economy through its notable lithium properties across North America.

About Foremost Lithium

The company owns expansive lithium properties in Snow Lake, Manitoba, and Lac Simard South, Quebec. Foremost Lithium is poised to supply critical lithium feedstock to the North American market, leveraging its flagship Lithium Lane Projects and strategic location near the NAFTA superhighway amidst burgeoning EV demand.

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