First Mining Appoints Jeff Swinoga to Board and Announces Changes in Management
March 22 2018 - 7:00AM
First Mining Gold Corp. (“First Mining” or the
“Company”) (TSX:FF) (OTCQX:FFMGF)
(Frankfurt:FMG) announces the appointment of Jeff
Swinoga to the Company’s Board of Directors and the departure of
Patrick Donnelly as President of the Company. Effective
immediately, Jeff Swinoga will assume the role of President and
Chief Executive Officer, along with the former responsibilities of
Mr. Donnelly.
Keith Neumeyer, First Mining’s Chairman, stated,
“The Board of Directors would like to express its appreciation for
Patrick’s services to the Company and we wish him the very best in
all of his future endeavours. We would also like to welcome Jeff to
the Board. Jeff has already had a positive impact in leading the
management team as our new CEO, and he is expected to be a
tremendous addition to our Board.”
ABOUT FIRST MINING GOLD
CORP.
First Mining Gold Corp. is an emerging
development company with a diversified portfolio of gold projects
in North America. Having assembled a large resource base
of seven million ounces of gold in the
Measured and Indicated categories
and five million ounces of gold in the
Inferred category in mining friendly jurisdictions
of eastern Canada, First Mining is now focused on advancing its
assets towards production. The Company currently holds a portfolio
of 25 mineral assets in Canada, Mexico and the United States with a
focus on gold.
For further information, please contact: Derek
Iwanaka Vice President Investor Relations Toll-Free: 1-844-306-8827
Email: info@firstmininggold.com Website: www.firstmininggold.com
ON BEHALF OF FIRST MINING GOLD CORP. “Keith
Neumeyer”
Keith NeumeyerChairman Cautionary Note
Regarding Forward-Looking Statements
This news release includes certain
"forward-looking information” and "forward-looking statements”
(collectively "forward-looking statements”) within the meaning of
applicable Canadian and United States securities legislation
including the United States Private Securities Litigation Reform
Act of 1995. These forward-looking statements are made as of
the date of this news release. Forward-looking statements are
frequently, but not always, identified by words such as "expects”,
"anticipates”, "believes”, “plans”, “projects”, "intends”,
"estimates”, “envisages”, "potential”, "possible”, “strategy”,
“goals”, “objectives”, or variations thereof or stating that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions.
Forward-looking statements in this news release
relate to future events or future performance and reflect current
estimates, predictions, expectations or beliefs regarding future
events and include, but are not limited to, statements with respect
to: (i) the assumption by members of First Mining’s senior
management team of the former responsibilities of Mr. Donnelly; and
(ii) any future update by First Mining regarding a replacement to
fill Mr. Donnelly’s former position at First Mining.
By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and
specific, and risks exist that estimates, forecasts, projections
and other forward-looking statements will not be achieved or that
assumptions do not reflect future experience. We caution
readers not to place undue reliance on these forward-looking
statements as a number of important factors could cause the actual
outcomes to differ materially from the beliefs, plans, objectives,
expectations, anticipations, estimates assumptions and intentions
expressed in such forward-looking statements. These risk
factors may be generally stated as the risk that the assumptions
and estimates expressed above do not occur as forecast, but
specifically include, without limitation: (i) risks relating to the
assumption by members of First Mining’s senior management team of
the former responsibilities of Mr. Donnelly; (ii) risks relating to
finding a suitable replacement to fill Mr. Donnelly’s former
position at First Mining; (iii) developments in world metals
markets; (iv) risks relating to fluctuations in the Canadian dollar
relative to the US dollar; (v) management’s discretion to refocus
the Company’s exploration efforts and/or alter the Company’s short
and long term business plans; and (vi) the additional risks
described in First Mining's Annual Information Form for the year
ended December 31, 2016 filed with the Canadian securities
regulatory authorities under the Company’s SEDAR profile at
www.sedar.com, and in First Mining’s Annual Report on Form 40-F
filed with the SEC on EDGAR.
First Mining cautions that the foregoing list of
factors that may affect future results is not exhaustive.
When relying on our forward-looking statements to make decisions
with respect to First Mining, investors and others should carefully
consider the foregoing factors and other uncertainties and
potential events. First Mining does not undertake to update
any forward-looking statement, whether written or oral, that may be
made from time to time by the Company or on our behalf, except as
required by law.
Cautionary Note to United States
Investors
This news release has been prepared in
accordance with the requirements of the securities laws in effect
in Canada, which differ from the requirements of U.S. securities
laws. Unless otherwise indicated, all resource and reserve
estimates included in this news release have been prepared in
accordance with National Instrument 43-101 Standards of Disclosure
for Mineral Projects ("NI 43-101”) and the Canadian Institute of
Mining, Metallurgy, and Petroleum 2014 Definition Standards on
Mineral Resources and Mineral Reserves. NI 43-101 is a rule
developed by the Canadian Securities Administrators which
establishes standards for all public disclosure an issuer makes of
scientific and technical information concerning mineral
projects. Canadian standards, including NI 43-101, differ
significantly from the requirements of the United States Securities
and Exchange Commission ("SEC”), and mineral resource and reserve
information contained herein may not be comparable to similar
information disclosed by U.S. companies. In particular, and
without limiting the generality of the foregoing, the term
"resource” does not equate to the term "reserves”. Under U.S.
standards, mineralization may not be classified as a "reserve”
unless the determination has been made that the mineralization
could be economically and legally produced or extracted at the time
the reserve determination is made. The SEC's disclosure
standards normally do not permit the inclusion of information
concerning "measured mineral resources”, "indicated mineral
resources” or "inferred mineral resources” or other descriptions of
the amount of mineralization in mineral deposits that do not
constitute "reserves” by U.S. standards in documents filed with the
SEC. Investors are cautioned not to assume that any part or
all of mineral deposits in these categories will ever be converted
into reserves. U.S. investors should also understand that
"inferred mineral resources” have a great amount of uncertainty as
to their existence and great uncertainty as to their economic and
legal feasibility. It cannot be assumed that all or any part
of an "inferred mineral resource” will ever be upgraded to a higher
category. Under Canadian rules, estimated "inferred mineral
resources” may not form the basis of feasibility or pre-feasibility
studies except in rare cases. Investors are cautioned not to
assume that all or any part of an "inferred mineral resource”
exists or is economically or legally mineable. Disclosure of
"contained ounces” in a resource is permitted disclosure under
Canadian regulations; however, the SEC normally only permits
issuers to report mineralization that does not constitute
"reserves” by SEC standards as in-place tonnage and grade without
reference to unit measures. The requirements of NI 43-101 for
identification of "reserves” are also not the same as those of the
SEC, and reserves reported by the Company in compliance with NI
43-101 may not qualify as "reserves” under SEC standards.
Accordingly, information concerning mineral deposits set forth
herein may not be comparable with information made public by
companies that report in accordance with U.S. standards.
First Mining Gold (TSX:FF)
Historical Stock Chart
From Apr 2024 to May 2024
First Mining Gold (TSX:FF)
Historical Stock Chart
From May 2023 to May 2024