If the deal closes, Denison will fund 80% of future work, while Foremost keeps 20% of each property.
Foremost Clean Energy (NASDAQ: FMST) has agreed to sell two properties to Denison Mines, forming joint ventures where Foremost retains a 20% stake. Denison will fund 80% of future exploration. The deal is expected to close by November 2, 2026, subject to approvals. Foremost also announced a national TV campaign and a Nasdaq compliance notice for bid price deficiency.


