Andrew Lyons Director and CFO at Foremost Lithium Forfeits His 3 Million PSUs

Andrew Lyons Director and CFO at Foremost Lithium Forfeits His 3 Million PSUs

Andrew Lyons, current director and CFO of Foremost Lithium Resource & Technology Ltd. (CSE: FAT) ("the Company") announces he is forfeiting his total allocated 3 million unvested Performance Share Units (PSUs) pursuant to the Company's Performance Share Unit Plan.

Andrew Lyons will retain his previously awarded and vested 500,000 PSUs.

Andrew Lyons
Director & CFO
Foremost Lithium Resource & Technology
Email: andrew.lyons@foremostlithium.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/145619

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Foremost Lithium Identifies Future Additional Drill Targets and Strategically Extends Claims on Its Manitoba Lithium Projects

Foremost Lithium Identifies Future Additional Drill Targets and Strategically Extends Claims on Its Manitoba Lithium Projects

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost Lithium", "Foremost" or the "Company") is pleased to announce it has identified numerous future exploration targets from a preliminary analysis of UAV-assisted magnetic and LiDAR surveys on its Lithium Lane properties located near Snow Lake, in the mining friendly province of Manitoba. The surveys were flown by EarthEx Geophysical Solutions Inc. (Selkirk, Manitoba) last year and totalled 7,472.7-line km at a flight line azimuth of 070° and a 25 meter flight line spacing.

EarthEx produced 3D magnetic inversion models and advanced 2D data imagery using the high-resolution UAV magnetic data collected from the Lithium Lane properties and these images along with LiDAR imagery provide the basis for an enhanced assessment of lithium pegmatite ground exploration follow-up.

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Foremost Lithium to Acquire Lac Simard South Property in Quebec Hosting 24 Identified Pegmatites

Foremost Lithium to Acquire Lac Simard South Property in Quebec Hosting 24 Identified Pegmatites

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost Lithium", "Foremost" or the "Company") is pleased to announce it has entered into an arm's length property acquisition agreement (the "Property Agreement") to acquire 100% interest in the Lac Simard South property (the "Property") in the Province of Quebec, Canada, consisting of 120 mining claims covering approximately 20,349 acres8,235 hectares (see "Investment Summary" section for payment details). The Property has 24 pegmatites that were identified from satellite imagery. These pegmatites are located approximately 90km southwest from The NAL Lithium Processing Plant (A PiedmontSayona Joint Venture), which just announced it produced its first batch of spodumene concentrate (SC6)1, and 80km southwest of Val-D'or, a logistics hub for mining services. This acquisition increases Foremost's total lithium land holding to an aggregate of 63,380 acres25,649 hectares.

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Foremost Lithium Reports 81.6% Recovery Rate in Dense Media Separation Program at Dyke 1, Zoro Lithium Project

Foremost Lithium Reports 81.6% Recovery Rate in Dense Media Separation Program at Dyke 1, Zoro Lithium Project

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost Lithium", "Foremost" or the "Company") is pleased to announce receipt of the phase two of its metallurgical report from XPS Expert Process Solutions, A Glencore Company (XPS) for Dyke 1 on its Zoro Lithium Property located in the mining friendly province of Manitoba. Final test results confirm The Dense Media Separation ("DMS") and flotation of DMS Middlings together, achieved a global lithium recovery of 81.6% at a spodumene concentrate grade of 5.88% Li2O. Pyrometallurgical and hydrometallurgical testing on the DMS spodumene concentrate have shown that the final product is amenable to a flowsheet, capable of producing both battery grade lithium products, Lithium Carbonate (Li2CO3) and Lithium Hydroxide (LiOH).

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Foremost Lithium Resource & Technology Announces Participation in Red Cloud's 2023 Pre-PDAC Mining Showcase

Foremost Lithium Resource & Technology Announces Participation in Red Cloud's 2023 Pre-PDAC Mining Showcase

Foremost Lithium Resource & Technology (CSE: FAT) is pleased to announce that the Company will be presenting at Red Cloud's Pre-PDAC 2023 Mining Showcase. We invite our shareholders and all interested parties to join us.

The annual conference will take place in-person at the Sheraton Centre Toronto Hotel from March 2-3, 2023.

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Foremost Lithium Announces Termination of the PSU Plan

Foremost Lithium Announces Termination of the PSU Plan

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) ("Foremost Lithium", "Foremost" or the "Company") As previously disclosed, on January 17, 2022 the Company adopted a performance and restricted share unit plan, which was subsequently amended on September 7, 2022, (the "PSU Plan"). The terms of the PSU Plan required that the Plan be submitted to shareholders for ratification and approval within three years of its implementation and thereafter within three years after the anniversary of the immediately preceding shareholder approval. At the Company's ASGM held on December 02, 2022, (the "Meeting") the shareholders voted against ratification of the PSU Plan, with 98.2% shares voted at the Meeting cast against the motion to approve.

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E-Power Starts Metallurgical Testwork at SGS Canada Inc

E-Power Starts Metallurgical Testwork at SGS Canada Inc

E-Power Resources Inc. (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") is pleased to report the start of metallurgical testwork on three samples from the Company's Tetepisca flake graphite property located in the Cote-Nord region of Québec. The objective of the testwork is to evaluate metallurgy on the samples targetting graphite concentrates > 95% graphite carbon ("Cg") with maximum flake size and recovery. Deliverables will include head characterizations including total carbon ("Ct") and Cg concentrations, size fraction analyses with flake size distributions, and Cg grade and composition concentrate. The results of the study will be used by E-Power to focus continued evaluation of the Tetepisca flake graphite property. The metallurgical testwork is being completed by SGS Canada Inc. at their Lakefield, Ontario facility.

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Lithium Universe Ltd  MOU Signed with Lafarge Canada Inc.

Lithium Universe Ltd MOU Signed with Lafarge Canada Inc.

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce the signing of a non-binding Memorandum of Understanding (MOU) with Lafarge Canada Inc. ("Lafarge") for the exclusive supply of Aluminosilicate Secondary Product (ASCR) produced from the Becancour Lithium Refinery.

Highlights

- MOU signed with strategic cement partner, Lafarge Canada Inc.

- Canadian cement producer, part of the Holcim Group

- Exclusive supply of all Aluminosilicate product ("ACSR") from Becancour

- ACSR is used as an additive to cement products

- Improves cement durability, strength, and production costs

- Significant growth in Canadian cement industry

ASCR, commonly used as an additive in the cement industry, significantly enhances compressive strength and reduces production costs. Lafarge, a strategic Canadian cement producer, is part of the Holcim Group. Both parties will now work towards finalizing a definitive supply and purchase agreement.

About Lafarge Canada Inc.

Lafarge Canada (www.lafarge.ca) is the largest provider of innovative and sustainable building solutions in Canada, including aggregates, cement, ready mix and precast concrete, asphalt and paving, road and civil construction. We have over 6,900 employees and 400 sites across the country, and as an affiliate of Holcim, Lafarge Canada is driven by the Group's purpose to build progress for people and the planet.

Holcim's 63,448 employees are on a mission to decarbonize building while improving living standards for all. We empower our customers to build better with less, with a broad range of low-carbon and circular solutions, from ECOPact(R) to ECOPlanet(R). Through innovative systems, from Elevate's roofing to PRB's insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting.

With sustainability at the core of its strategy, Holcim is on its way to becoming a net-zero company with 1.5degC targets validated by SBTi.

Benefits of ASCR Product

The process yields in the region of 130,000 tonnes of alumina silicate by-product annually and will be marketed as a cement additive. This product comprises silica (SiO2), aluminium oxide (Al2O3), and ferric oxide (Fe2O3).

It features a fine particle size and large specific surface area, enhancing its reactivity and utility in cement production. The Jiangsu Lithium Refinery successfully sold this by-product to local cement industries. Alumina silicate can improve cement strength and durability by absorbing Ca(OH)2 produced during hydration, filling gaps, and reducing heat generation. It also helps to resist cracking in large-volume concrete by mitigating temperature-induced stress. The effectiveness of alumina silicate in cement is well-established, with cement containing 30% alumina silicate showing a 132% increase in 28-day compressive strength compared to Portland cement. Additionally, using the fly ash activity determination method, cement with 30% alumina silicate demonstrates a 174% increase in 3-month compressive strength compared to cement with 30% finely ground quartz sand. By replacing some cement raw materials, alumina silicate can reduce production costs, improve efficiency, and enhance cement quality and durability. Lithium Universe will focus on establishing sales of the alumina silicate additive to local cement manufacturers, providing significant cost-saving benefits.

Canadian Cement Industry

The cement industry in Canada has shown notable growth and resilience in recent years. In 2021, the cement and concrete product manufacturing industry's revenue reached approximately $12.3 billion, marking an increase of 14.14% from $10.8 billion in 2020, indicating robust demand in construction sectors. Cement production volumes in Canada also increased, with the country producing about 13.8 million metric tonnes in 2022, up by 6.2% from 2020's 13 million metric tonnes. This growth aligns with the broader economic recovery post-pandemic, driven by significant investments in infrastructure and residential construction. Moreover, the market size for cement manufacturing in Canada was estimated at $2.1 billion in 2025, with a compound annual growth rate (CAGR) of 0.5% from 2019 to 2024, though it experienced a decline at a CAGR of 3.8% over that period due to various market dynamics. The industry employs over 166,000 people, contributing significantly to Canada's economy with an annual economic impact of around $76 billion.

Lithium Universe Chairman, Iggy Tan said, "This is great news for Lithium Universe as we partner with Lafarge Canada Inc. to enhance the North American battery materials supply chain and promote sustainable innovation in Canada's cement industry. This collaboration will not only advance our focus on building Becancour Lithium refinery's secondary product supply chain but also strengthening local supply chains, fostering a more circular economy in Quebec, and contributing to greener construction materials."



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

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Coniagas Engages Laurentia Exploration for Drill Program on its near surface and extensive Ni-Cu-Co-PGM Massive Sulfide Mineralization Zones at Graal

Coniagas Engages Laurentia Exploration for Drill Program on its near surface and extensive Ni-Cu-Co-PGM Massive Sulfide Mineralization Zones at Graal

(TheNewswire)

Coniagas Battery Metals Inc.

Vancouver, BC TheNewswire - February 3, 2025 Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), is pleased to engage the services of Laurentia Exploration to design and manage ongoing exploration activities at the Graal property, highlighting the potential of this strategically located asset near Saguenay-Lac St. Jean, Quebec.

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Brunswick Exploration Reports Phase 1 Metallurgical Results at Mirage with Potential for DMS-Only Flowsheet

Brunswick Exploration Reports Phase 1 Metallurgical Results at Mirage with Potential for DMS-Only Flowsheet

Brunswick Exploration Inc. ( TSX-V: BRW OTCQB: BRWXF ; FRANKFURT:1XQ; ; " BRW " or the " Company ") is pleased to report preliminary, Phase 1, metallurgical results from test work on drill core samples from the Mirage Project. The test was conducted by SGS Canada Inc. in Lakefield, Ontario and comprised of heavy liquid separation ("HLS") testing, and dense media separation ("DMS") testing. The program was completed on a representative mineralized dyke comprising of material from MR-6, MR-3, MR-4 and a single dyke in the stacked dyke area.

Highlights include:

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