🟢 Foremost Lithium Resource is trading 8% up today after agreeing to sell 31% stakes to Denison

Foremost Lithium Resource is trading at $0.50, up 7.97%, after shares rose following its agreement with Denison Mines to sell a 31% interest in its GR and Blackwing properties.

• The deal forms two exploration joint ventures and provides Foremost with $650,000.
• Foremost will retain a 20% interest in each property; Denison will fund 80% of future expenditures.
• Announced after the October 22 session, the news was followed by a share jump. No live volume information was provided.