🟢 Foremost Lithium Resource is trading 13.25% up today after agreeing to sell 31% stakes to Denison

Foremost Lithium Resource is trading at $0.52, up 13.25%, after agreeing to sell a 31% interest in its GR and Blackwing properties to Denison Mines and form two exploration joint ventures.

• The agreement provides $650,000 in consideration; Foremost will retain a 20% interest in each property.
• Denison will fund 80% of future expenditures. The transaction is expected to close around November 2, subject to approvals.