Foremost Lithium Resource & Technology : Notice of Nomination of Director dated October 12, 2021

	Notice of Nominations of Directors
TO:	FAR RESOURCES LTD. ("FAR" or the "Company")
	#510 - 580 Hornby St.	Suite 400 - 725 Granville St.
	Vancouver, BC	Vancouver, BC
	V6C 3B6	V7Y 1G5
	Canada	Canada
ATTN:	John Gammack, President and CEO
	Email: [e-mail]/ [email address redacted]/ [e-mail]
	Robert G. Dinning, Chief Financial Officer
	Email: [email address redacted]
FROM:	Scott Taylor ("Mr. Taylor" or the "Nominating Shareholder")
RE:	Notice of nominations for the election	of directors of FAR by the Nominating
	Shareholder pursuant to FAR's Advance Notice Policy, initially adopted by the
	board of directors of FAR effective as of November 1, 2013

Take notice that pursuant to FAR's Advance Notice Policy initially adopted by the board of directors effective as of November 1, 2013, and approved by shareholders at the annual and special meeting of shareholders held on November 28, 2013 (the "Advance Notice Policy"), the Nominating Shareholder is hereby providing notice to FAR of the Nominating Shareholder's nominations for the election of directors (the "Shareholder Nominees") at FAR's annual meeting of shareholders scheduled to be held on November 12, 2021 (the "Meeting"), or any adjournment or postponement thereof.

INFORMATION ABOUT THE SHAREHOLDER NOMINEES:

As required by the Advance Notice Policy, the table below sets forth: (1) the name, age, business address and residence address of each of the Shareholder Nominees; (2) the principal occupation or employment of each of the Shareholder Nominees; (3) the citizenship of each of the Shareholder Nominees; (4) the class or series and number of shares in the capital of FAR which are controlled or which are owned beneficially or of record by each of the Shareholder Nominees as of the date of this notice; and (5) any other information required to be disclosed in a dissident's proxy circular in connection with solicitations of proxies for election of directors pursuant to the 'BCA' or 'Applicable Securities Laws' (as those terms are defined in the Advance Notice Policy).

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Name and Age

Business Address and

Current Principal

Number of

Position with the

Residential Address

Occupation or

FAR

Company,

Employment and Principal

Common

Proposed Office

Occupation or

Shares

and Term

Employment within the

Owned or

Five Preceding Years

Controlled(1)

Andrew Lyons

Business Address:

Mr.

Lyons'

primary

25,000

Proposed director

Age: 55

716 - 518 Moberly Road

occupation

is

currently

a

Upon appointment

self-employed

independent

Vancouver, British

consultant in the information

at the Meeting he

Columbia

technology sector

where

he

will serve as a

V5Z4G3, Canada

provides

program

and

director for a term

Residential Address:

project

management

expiring at the next

services.

Until

January

of

annual general

716 - 518 Moberly Road

2021,

he

acted

as

a

meeting.

consultant in the information

Vancouver, British

technology

sector

as

a

Columbia

member

of

the

Annex

V5Z4G3, Canada

Consulting Group.

Scott Taylor

Business Address:

Mr.

Taylor

is

a

515,000(2)

Proposed director

Age: 41

10807 Timberdash

businessperson

specializing

and proposed Chief

in various technological and

Executive Office.

Avenue

oilfield services. Since 2019,

Highlands Ranch,

he has been the owner and

Upon appointment

Colorado

manager

of

Reservoir

as director at the

80126, USA

Imaging

Solutions

LLC

an

Meeting he will

Residential Address:

energy

technology

and

serve as a director

engineering

services

for a term expiring

10807 Timberdash

company. Prior to that, Mr.

at the next annual

Taylor

managed

global

general meeting.

Avenue

operations for Sigma Cubed

Highlands Ranch,

Inc.,

another

energy

Colorado

technology

and

engineering

80126, USA

services

company

with

offices

in

the

Southern

United

States,

South

America, China,

and

the

Middle East.

Mr. Taylor is also the co-

owner of Universal Seismic

PTE Ltd., a real-time

analytics

technology

development company based

in Singapore.

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	Name and Age		Business Address and			Current Principal		Number of	Position with the
			Residential Address			Occupation or		FAR	Company,
					Employment and Principal	Common	Proposed Office
						Occupation or		Shares	and Term
					Employment within the	Owned or
					Five Preceding Years		Controlled(1)
	Pierre Yves		Business Address:		Mr.	Tenn's	primary	Nil	Proposed director
	Tenn				occupation	is	currently	a		Upon appointment
	Age: 51		43 Glenmore Drive		self-employed	business
		West Vancouver, British		consultant	focussing	on		at the Meeting he
			Columbia		cross-border		investments		will serve as a
			V7S 1A5		and		Asian/Canadian		director for a term
					business		development		expiring at the next
			Residential Address:		opportunities.				annual general
			43 Glenmore Drive		From 2018 to 2020, Mr.		meeting.
			West Vancouver, British		Tenn was the Vice President
			Columbia		of	Business Development
			V7S 1A5		for	Element	Retirement
					Lifestyle Inc.,	a company
					specializing in senior living,
					and prior to that he was the
					Vice President of Corporate
					and Governmental Relations
					at Deep Sea Capital / Circle
					Harmony, which had offices
					in Canada and Asia.

1. Information as to the securities of FAR beneficially owned or controlled, or directed, directly or indirectly by the Shareholder Nominees, other than those of Mr. Taylor, are not within the knowledge of the Nominating Shareholder and have been furnished by such persons as of the date of this notice and reflects securities owned or controlled as at the date of this notice.
2. As disclosed in Mr. Taylor's early warning report of today's date, Mr. Taylor is acting jointly and in concert with Jason Barnard and Christina Barnard. As at the date of this notice, Mr. Taylor, Mr. Barnard, and Ms. Barnard as joint actors, own or control an aggregate of 12,187,411 common shares.

Each of the Shareholder Nominees has consented to serve as a director, if elected, and meets the director eligibility requirements established under applicable Canadian law, including the Business Corporations Act (British Columbia). If elected, each Shareholder Nominee will hold office until the close of the next annual meeting of shareholders or until his or her successor is elected or appointed, unless his office is earlier vacated. If elected, each of the Shareholder Nominees intend to discharge their duties as directors of FAR consistent with all applicable legal requirements, including fiduciary obligations imposed on all corporate directors, and will execute any consent documents reasonably required by FAR in connection with his or her election.

All of the Shareholder Nominees currently qualify as "independent" of FAR under the rules of the Canadian Securities Administrators relating to governance practices and audit committees, including National Policy 58-201 - Corporate Governance Guidelines, National Instrument 58-101 - Disclosure of Corporate Governance Practices and National Instrument 52-110 - Audit Committees. In particular, no Shareholder Nominee has a 'material relationship' which could be reasonably expected to interfere with the exercise of such person's independent judgement, including any such relationship described in sections 1.4 or 1.5 of National Instrument 52-110 - Audit Committees. In the event that Mr. Taylor is appointed as FAR's chief executive officer by the Shareholder Nominees subsequent to the election of the Shareholder Nominees, Mr. Taylor would no longer be considered "independent" under National

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Instrument 52-110 - Audit Committees as he would have a material relationship to FAR under section 1.4 of National Instrument 52-110 - Audit Committees."

None of the Shareholder Nominees for election as a director of the Company:

• is, as at the date of this notice, or has been, within the 10 years before the date of this notice, a director, chief executive officer or chief financial officer of any company, including the Company, that:

1. was subject to an order while that person was acting in the capacity as director, executive officer or chief financial officer; or

• 1. was subject to an order that was issued after the proposed director ceased to be a director, chief executive officer or chief financial officer in the company which resulted from an event that occurred while that person was acting in the capacity as director, executive officer or chief financial officer;
• is, as at the date of this notice, or has been within the 10 years before the date of this notice, a director or executive officer of any company (including the Company), that while that person was acting in that capacity, or within a year of that person ceasing to act in that capacity, became bankrupt, made a proposal under any legislation relating to bankruptcy or insolvency or was subject to or instituted any proceedings, arrangement or compromise with creditors or had a receiver, receiver manager or trustee appointed to hold its assets;
• has, within the 10 years before the date of this notice, become bankrupt, made a proposal under any legislation relating to bankruptcy or insolvency, or become subject to or instituted any proceedings, arrangement or compromise with creditors, or had a receiver, receiver manager as trustee appointed to hold the assets of the proposed director;
• has been subject to any penalties or sanctions imposed by a court relating to securities legislation or by a securities regulatory authority or has entered into a settlement agreement with a securities regulatory authority; or
• has been subject to any other penalties or sanctions imposed by a court or regulatory body that would likely be considered important to a reasonable securityholder in deciding whether to vote for a proposed director.

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INFORMATION REGARDING THE NOMINATING SHAREHOLDER

As of the date hereof, there are no proxies, contracts, arrangements, understandings or relationships pursuant to which the Nominating Shareholder has a right to vote any shares of FAR, other than the right of the Nominating Shareholder to vote 515,000 common shares of FAR, representing approximately 0.27% of the issued and outstanding shares of FAR as at the date of this notice, and of which the Nominating Shareholder is the beneficial holder and has beneficial control over all such 515,000 common shares. The Nominating Shareholder, Jason Barnard and Christina Barnard may be considered to be acting "jointly and in concert" with respect to their efforts in relation to this notice and the Shareholder Nominees and with the voting of their shares at the Meeting. As of the date of this notice, the Nominating Shareholder, Mr. Barnard and Ms. Barnard hold directly and indirectly, in aggregate, 12,187,411 common shares of FAR representing approximately 7.70% of the Company's issued and outstanding shares as at the date of this notice. Furthermore, Mr. Barnard and Ms. Barnard respectively hold directly and indirectly 9,896,000 and 129,411 common share purchase warrants of FAR (each, a "Warrant") and Mr. Barnard indirectly holds options to purchase up to 950,000 common shares of FAR (each, an "Option"). In the event that the Warrants and the Options were exercised, the Nominating Shareholder, Mr. Barnard and Ms. Barnard would hold, directly and indirectly, in aggregate 23,162,822 common shares, representing approximately 13.69% of the issued and outstanding shares of FAR on a partially diluted basis as at the date of this notice.

The foregoing percentage calculations were based upon FAR having 158,175,658 issued and outstanding common shares, being the most recently disclosed number of FAR's issued and outstanding common shares as at August 23, 2021 and taken from FAR's most recently filed management's discussion and analysis for the period ended June 30, 2021 found under its issuer profile at www.sedar.com.

OTHER INFORMATION

Indebtedness of Directors, Officers and Nominees

The Nominating Shareholder does not have, and is not aware of any Shareholder Nominee (or any of their associates or affiliates) who is or who has been, indebted to FAR or any of its subsidiaries at any time since the beginning of the last completed financial year of FAR or has indebtedness to another entity which is the subject of a guarantee, support agreement, letter of credit or other similar arrangement or understanding provided by FAR or any of its subsidiaries.

Interests in Material Transactions of FAR

Other than as disclosed herein, the Nominating Shareholder is not aware and has not been, and is not aware of any Shareholder Nominee (or any of their associates or affiliates) who has had, any material interest, direct or indirect, in any transaction since the commencement of FAR's most recently completed financial year or in any proposed transaction which has materially affected or will materially affect FAR or any of its affiliates.

Christina Barnard provides certain social media related consulting services to FAR for fees of approximately $3,000 per month (plus applicable sales taxes).

Principal Holders of Voting Securities

The Nominating Shareholder is not aware of any Shareholder Nominee (or any of their associates or affiliates), who beneficially owns, controls or directs, directly or indirectly, voting securities carrying