Foremost Clean Energy Ltd. [FMSTW]
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This security represents warrants to purchase shares of Foremost Clean Energy Ltd. common stock at a predetermined exercise price. Warrants are derivative securities that give holders the right, but not the obligation, to buy the underlying stock before a specified expiration date. These warrants were typically issued as part of a financing transaction to provide additional value to investors. The warrant's value depends on the relationship between the exercise price and the market price of Foremost Clean Energy common stock, as well as time remaining until expiration. Warrant holders do not receive dividends or voting rights unless they exercise their warrants and acquire the underlying shares.