Foremost Lithium Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program

VANCOUVER, British Columbia, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, has engaged international investor relations specialists MZ Group (“MZ”) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

MZ ‘s professionals including Greg Falesnik, CEO of MZ, and Michael Kim, Managing Director at MZ North America, both who will work closely with Foremost Lithium’s management starting on August 29, 2023 to develop and implement a comprehensive capital markets strategy designed to increase the Company’s visibility throughout the investment community. The contract with MZ ends on August 28, 2024. MZ’s work will highlight Foremost’s position at the forefront of the Electric Vehicle (EV) revolution as a strategically located hard-rock lithium exploration company, empowering North America’s clean energy economy. Michael Kim will advise Foremost Lithium in all facets of corporate and financial communications, including the coordination of roadshows and investment conferences across key cities and building brand awareness with financial and social media outlets including LinkedIn, Twitter and Facebook.

“Foremost is strongly positioned to capture share in the lithium market and support the battery metals supply chain in North America," said Jason Barnard, President and Chief Executive Officer of Foremost Lithium. “We feel this engagement with the team at MZ Group will increase our visibility and communicate our vision in the investment community. We will leverage MZ’s expertise and network to increase exposure of our Company following our recent uplisting to the Nasdaq.”

Greg Falesnik, CEO of MZ North America, added: “Foremost’s strategic Canadian location at the tip of the ‘NAFTA Superhighway’ provides easy access to North American battery and EV manufacturing sites and the opportunity to participate in the accelerating demand for a domestic lithium supply. Additionally, battery and EV manufacturers – including LG Energy Solutions, Mercedes Benz, and Volkswagen¹ – are now securing their raw materials directly with miners and junior explorers to secure their supply, giving Foremost key strategic competitive advantages for commercialization. We look forward to sharing the story with our network of institutional, family offices and retail investors.”