Exhibit 107
Calculation of Filing Fee Tables
F-1
(Form Type)
Foremost Lithium Resource & Technology Ltd.
(Exact Name of Registrant as Specified in its Charter)
Not Applicable
(Translation of Registrant’s Name into English)
Table 1: Newly Registered and Carry Forward Securities
| | Security Type | | Security Class Title | | Fee Calculation or Carry Forward Rule | | Amount Registered | | | Proposed Maximum Offering Price Per Unit | | | Maximum Aggregate Offering Price(1)(2)(3) | | | Fee Rate | | Amount of Registration Fee | | | Carry Forward Form Type | | | Carry Forward File Number | | | Carry Forward Initial effective date | | | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |
Newly Registered Securities | | | |
Fees to Be Paid | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Fees Previously Paid | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Equity | | Common Shares, no par value per share | | Rule 457(o) | | | — | | | | — | | | $ | 11,500,000 | | | $110.20 per $1,000,000 | | $ | 1,267.30 | | | | | | | | | | | | | | | | | |
| | Equity | | Placement Agent’s warrants to purchase Common Shares (4) | | Other | | | — | | | | — | | | | — | (3) | | $110.20 per $1,000,000 | | | — | (3) | | | | | | | | | | | | | | | | |
| | Equity | | Common Shares underlying placement agent’s warrants | | Rule 457(o) | | | — | | | | — | | | $ | 575,000 | (4) | | $110.20 per $1,000,000 | | $ | 63.34 | | | | | | | | | | | | | | | | | |
Carry Forward Securities | | |
Carry Forward Securities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Total Offering Amounts | | | | | | | $ | 12,075,000 | | | | | $ | 1,330.67 | | | | | | | | | | | | | | | | | |
| | Total Fees Previously Paid | | | | | | | $ | 0 | | | | | $ | 0 | | | | | | | | | | | | | | | | | |
| | Total Fee Offsets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Net Fee Due | | | | | | | $ | 12,075,000 | | | | | $ | 1,330.67 | | | | | | | | | | | | | | | | | |
(1) | Estimated solely for the purpose of determining the amount of registration fee in accordance with Rule 457(o) under the Securities Act of 1933, as amended (the “Securities Act”). |
(2) | Pursuant to Rule 416 under the Securities Act of 1933, the shares being registered hereunder include such indeterminate number of shares as may be issuable with respect to the shares being registered hereunder as a result of stock splits, stock dividends or similar transactions. |
(3) | Includes common stock issuable upon exercise of the underwriters’ over-allotment option to purchase additional shares in an amount representing 15% of the common shares sold in the offering. |
(4) | No fee required pursuant to Rule 457(g) under the Securities Act. |
(5) | As estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act, the proposed maximum aggregate offering price of the placement agent’s warrants is $500,000, which is equal to 5.0% of the aggregate value of the securities to be sold in the offering (including the over-allotment option), including the common shares underlying the warrants offered, at an exercise price equal to 125% of the public offering price per share. |