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Foremost Lithium (CSE:FAT) announces key advisory board appointments

Industrial
CSE:FAT
06 September 2022 15:00 (EDT)

Foremost Lithium Resource & Technology I LinkedIn

Foremost Lithium Resource & Technology (FAT) welcomes Johnathan A. More and Michael McLeod to the company’s Advisory Board.

Johnathan More brings over 28 years of experience in global capital markets focused primarily on natural resource industries. His distinguished tenure at Canaccord Genuity included many significant achievements, and he retired in 2008 as Vice President and Advisor at the Company.

He has transitioned from the capital markets to the public company sector. He has been responsible for numerous successful transactions in the Canadian marketplace and continues to identify and create new opportunities.

Currently, he is serving as Chairman & CEO of Starr Peak Mining Ltd. More is also Chairman and CEO of Power Metals Corp.; a Canadian company focused on Lithium, Cesium and Tantalum exploration.

On the other hand, Mike McLeod has over 40 years of experience in the corporate financial services industry with a strong network in the capital markets. He has been a long-term member of the Canadian Investor Relations Institute and Governance Professionals of Canada.

McLeod has served as a global advisor and counselled many boards of directors and management teams on various topics, including corporate governance, capital markets intelligence, M&A transactions, and shareholder engagement and communications.

McLeod currently serves as a senior director at Morrow Sodali.

President and CEO John Gravelle mentioned, “I would like to welcome Johnathan and Mike to the company.”

“The management team of Foremost believes that both Jonathan’s and Mike’s extensive experience and knowledge will advance the progress of our many exciting projects and assist the company in meeting our strategic goals,” added Gravelle.

The company announced that it had granted incentive stock options, an aggregate of 1,000,000 common shares at an exercise price of $0.255 per share, expiring three years from the grant date.

A further 400,000 options will be granted and available to purchase at an exercise price of $0.275 per common share, expiring three years from the date of grant, and are both subject to regulatory approval.

Foremost Lithium is a resource exploration company committed to producing high-quality battery-grade lithium hydroxide to fuel the electric vehicle and battery storage market.

Foremost Lithium (FAT) is up 1.82 per cent, trading at C$0.28 at 3:24 pm EST.


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