UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of September 2024
Commission File Number: 000-55607
First Mining
Gold Corp.
(Translation of registrant's name into English)
Suite 2070, 1188 West Georgia Street, Vancouver, B.C., V6E
4A2
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form
40-F ☒
DOCUMENTS FILED AS PART OF THIS FORM 6-K
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
First Mining Gold Corp. |
|
|
(Registrant) |
|
|
|
|
|
|
Date: September 26, 2024 |
|
/s/ Lisa Peterson |
|
|
Lisa Peterson |
|
|
Chief Financial Officer and Corporate Secretary |
|
|
|
Exhibit 99.1
First Mining Announces Closing of C$8 Million
Bought Deal Financing Including the Full Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED
STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, Sept. 26, 2024 /CNW/ - First Mining
Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to
announce the closing of its previously announced bought deal public offering (the "Offering") of 59,629,800 units of
the Company (the "Units") at a price of $0.135 per Unit for aggregate gross proceeds of $8,050,023, which includes the
exercise of the full amount of the over-allotment option granted to the underwriters of 7,777,800 Units.
The Offering was completed pursuant
to an underwriting agreement dated September 23, 2024, among the Company, Cormark Securities Inc. and Haywood Securities Inc., as co-lead
underwriters and joint bookrunners, and Ventum Financial Corp., BMO Capital Markets and H.C. Wainwright & Co., LLC.
Each Unit is comprised of one common share of the
Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each
Warrant entitles the holder to acquire one common share of the Company at a price of $0.20 per share at any time prior to the date which
is 36 months from the closing of the Offering.
The net proceeds from the Offering will be used to
advance First Mining's Springpole and Duparquet gold projects, as well as for general working capital and corporate purposes.
The Offering was conducted by way of a prospectus
supplement dated September 23, 2024 (the "Prospectus Supplement") to the Company's existing short form base shelf prospectus
dated January 23, 2024 (the "Base Shelf Prospectus") in each of the provinces of Canada (other than the province of Québec).
The Prospectus Supplement (together with the Base Shelf Prospectus) is available on SEDAR+ at www.sedarplus.ca.
The Units offered have not been registered under the
U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption
from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About First Mining Gold Corp.
First Mining is a gold developer advancing two of
the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study
and permitting activities are on-going with a draft Environmental Impact Statement ("EIS") for the project published in June
2022, and the Duparquet Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific
Abitibi region. First Mining 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.) and the Hope Brook Gold Project (being advanced in partnership
with Big Ridge Gold Corp.).
First Mining was established in 2015 by Mr. Keith
Neumeyer, founding President and CEO of First Majestic Silver Corp.
ON BEHALF OF FIRST MINING GOLD CORP.
Daniel W. Wilton
Chief Executive Officer and Director
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", "opportunities", "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, the use of the net proceeds of the Offering. All forward-looking statements are based on First Mining's
or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. There can
be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those
anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are
made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently
subject to significant business, economic, competitive, political and social uncertainties and contingencies. Such factors include, without
limitation, the Company's business, operations and financial condition potentially being materially adversely affected by the outbreak
of epidemics, pandemics or other health crises, and by reactions by government and private actors to such outbreaks; risks to employee
health and safety as a result of the outbreak of epidemics, pandemics or other health crises, that may result in a slowdown or temporary
suspension of operations at some or all of the Company's mineral properties as well as its head office; fluctuations in the spot and forward
price of gold, silver, base metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus
the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments;
risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial
accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose restrictions
on mining; employee relations; relationships with and claims by local communities, indigenous populations and other stakeholders; availability
and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; title to
properties.; and the additional risks described in the Company's Annual Information Form for the year ended December 31, 2023 filed with
the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca.
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.
SOURCE First Mining Gold Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2024/26/c9067.html
%CIK: 0001641229
For further information: For further information, please contact:
Toll Free: 1 844 306 8827 | Email: info@firstmininggold.com; Paul Morris | Director, Investor Relations | Email: paul@firstmininggold.com
CO: First Mining Gold Corp.
CNW 09:52e 26-SEP-24
First Mining Gold (QX) (USOTC:FFMGF)
Historical Stock Chart
From Nov 2024 to Dec 2024
First Mining Gold (QX) (USOTC:FFMGF)
Historical Stock Chart
From Dec 2023 to Dec 2024