| Disclosure of cash flow statement [text block] |
| 15. | SUPPLEMENTAL DISCLOSURES WITH RESPECT TO CASH FLOWS |
During the year ended March 31, 2026, significant non-cash investing and financing transactions included:
| | a) | included in accounts payable and accrued liabilities was $396,586 related to exploration and evaluation assets; |
| | b) | included in prepaid deposits was $47,909 related to exploration and evaluation assets; |
| | c) | issuance of 2,024,988 common shares upon exercise of warrants resulting in a reallocation of warrant reserves of $230,400 from reserves to share capital; |
| | d) | issuance of 129,087 common shares upon exercise of options resulting in a reallocation of share-based reserves of $233,014 from reserves to share capital; |
| | e) | issuance of 2,024,988 common shares upon exercise of warrants resulting in a reallocation of warrant reserves of $230,400 from reserves to share capital; |
| | f) | issued 51,193 common shares pursuant to RSU redemption resulting in a reallocation of share-based reserves of $139,244 from reserves to share capital; |
| | g) | issued 98,892 underwriter/agent warrants valued at $115,600 for the flow-through financing; |
| | h) | expired or forfeited 223,514 options resulting in a reallocation of share-based reserves of $736,783 from reserves to deficit; and |
| | i) | included in accounts payable and accrued liabilities was $159,486 related to share issuance costs. |
During the year ended March 31, 2025, significant non-cash investing and financing transactions included:
| | i) | included in accounts payable and accrued liabilities was $41,995 related to exploration and evaluation assets; |
| | j) | issued 1,836,416 common shares with a fair value of $6,866,449 for the acquisition of exploration and evaluation assets; and |
| | k) | issued 162,781 agent warrants valued at $201,500 relating to private placements; and |
| | l) | included in prepaid deposits was $138,823 related to exploration and evaluation assets. |
During the year ended March 31, 2024, significant non-cash investing and financing transactions included:
| | a) | included in accounts payable and accrued liabilities was $341,831 related to exploration and evaluation assets; |
| | b) | issued 29,900 common shares with a fair value of $235,600 for the acquisition of exploration and evaluation assets; |
| | c) | issued 40,000 underwriter/agent warrants valued at $270,400 for the public offering in the United States; and |
| | d) | issued 30,900 common shares at a value of $187,872 to a non-related consulting firm for services |
FOREMOST CLEAN ENERGY LTD.
Notes to the Consolidated Financial Statements
March 31, 2026, 2025 and 2024
(Expressed in Canadian Dollars)
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