Foremost Clean Energy Ltd. (FMSTW) Warrant
Each FMSTW warrant gives the holder the right to buy 1 share of Foremost Clean Energy Ltd. at $6.25 per share, until August 24, 2028. The stock last closed at $0.59, below the strike, so the warrant is out of the money. Foremost Clean Energy Ltd. has a market value of about $9.54M. There are 800.00K listed warrants; exercising all of them would add 4.9% to the 16.28M shares outstanding.
FMST vs strike, last 12 months
No share-price history for FMST yet.
Key terms
- Strike per share
- $6.25
- Shares per warrant
- 1
- Cash to exercise one warrant
- $6.25
- Expiry
- 2028-08-24
- Redemption trigger
- none stated
- Cashless exercise
- allowed
- Break-even stock price
- $6.50
From the issuer's F-1/A (2023-08-17).
Company and stock
- Company
- Foremost Clean Energy Ltd.
- Underlying stock
- FMST
- Share price
- $0.59
- Market cap
- $9.54M
- Shares outstanding
- 16.28M
- Value of all listed warrants
- $200.24K (2.1% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-03-31). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2503
- Price / model
Get Pro to see whether FMSTW is cheap or rich against our model.
Dilution
- Shares outstanding
- 16.28M
- Listed warrants
- 800.00K
- Dilution if all exercised
- 4.9%
Warrant count from filing notes, read by hand (high): Unit warrants from Aug 2023 US offering (US$6.25, exp. Aug 24, 2028).
Filings and events
Questions about FMSTW
When does the FMSTW warrant expire?
FMSTW expires on August 24, 2028.
What is the strike price of FMSTW?
$6.25 per share; each warrant converts into 1 share, so exercising one warrant costs $6.25.
Can Foremost Clean Energy Ltd. redeem the FMSTW warrants early?
The source filing we read lists no stock-price redemption trigger.
How many FMSTW warrants are outstanding?
800.00K listed warrants, equal to 4.9% dilution if all are exercised.