First Mining Gold Corp T.FF

Alternate Symbol(s): FFMGF

Metals & Mining Gold

First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.

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First Mining Gold Corp > more dilution and more s/o another PP on the cheap

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Comment by Co2Harveston Dec 21, 2023 6:07pm

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Post# 35796716

RE:RE:more dilution and more s/o another PP on the cheap

No, not yet based upon how it's worded. I'm interpreting this as a strategic move to get the paperwork in place in case there's an opportunity in the next year or so to deploy that amount of capital. I won't say any more than that because it would be complete speculation. Yes, should they do another offering, it would be more dilution but I am considering the possible reasons why they might do that (especially after already raising $10M). This seems highly strategic to me and it will be interesting to see what their next move is. GLTA