First Mining Announces Closing of $12 Million Public Offering

Core Viewpoint - First Mining Gold Corp. successfully closed an over-subscribed public offering, raising a total of $12,000,600 through the sale of 66,670,000 units at a price of $0.18 per unit [1][2]. Group 1: Public Offering Details - The public offering consisted of units, each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at $0.27 within 36 months [2]. - The offering was conducted under a prospectus supplement dated July 16, 2025, and the net proceeds will be allocated to advancing the Springpole and Duparquet gold projects, as well as for general working capital [3]. Group 2: Company Overview - First Mining Gold Corp. is advancing two major gold projects in Canada: the Springpole Gold Project, which is in the feasibility study phase, and the Duparquet Gold Project, currently at the PEA stage [5]. - The company also holds interests in other gold projects, including the Cameron Gold Project, Pickle Crow Gold Project, and Hope Brook Gold Project [5].