Foremost Lithium Resource & Technology Ltd (TSE:FAT) has released an update.
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Foremost Lithium Resource & Technology Ltd is set to hold its Annual General and Special Meeting on December 09, 2024, where shareholders will decide on spinning out the Winston Group of Gold and Silver Properties into a new company, Rio Grande Resources Ltd. If approved, Foremost shareholders will receive two shares of Rio Grande for each share they hold, potentially unlocking significant value from their gold/silver assets.
For further insights into TSE:FAT stock, check out TipRanks’ Stock Analysis page.