Capable Of Now Raising Up To C$100m
First Mining Gold Corp.(TSX: FF) (OTCQX: FFMGF) has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, and a corresponding registration statement with the United States Securities and Exchange Commission (SEC) under the U.S./Canada Multijurisdictional Disclosure System.
First Mining has filed this Preliminary Shelf Prospectus and the Registration Statement to provide the company with greater financial flexibility going forward but has not entered into any agreements or arrangements to authorize or offer any Securities at this time.
When made final or effective, the Preliminary Shelf Prospectus and corresponding Registration Statement will allow First Mining to undertake offerings of common shares, preferred shares, warrants, subscription receipts and units, or any combination thereof, up to an aggregate total of C$100 million from time to time during the 25-month period that the final short form base shelf prospectus remains effective.
The Securities may be offered in amounts, at prices and on terms to be determined at the time of sale and, subject to applicable regulations, may include “at-the-market” transactions, public offerings or strategic investments. The specific terms of any offering of Securities, including the use of proceeds from any offering, will be set forth in one or more shelf prospectus supplement(s) to be filed with applicable securities regulators.
First Mining is a Canadian gold developer focused on the development and permitting of the Springpole Gold Project in north-western Ontario.
Springpole is one of the largest undeveloped gold projects in Canada. The results of a positive Pre-Feasibility Study for the Springpole Gold Project were announced by First Mining in January 2021, and permitting activities are on-going with submission of an Environmental Impact Statement (EIS) for the project targeted for 2021.
The company also holds a large equity position in Treasury Metals Inc. who are advancing the Goliath Gold Complex toward construction. First Mining’s portfolio of gold projects in eastern Canada also includes the Pickle Crow, Hope Brook, Cameron, Duparquet, Duquesne, and Pitt gold projects.
For further information please visit: https://firstmininggold.com/