Financing ·
First Mining Gold raises $57.5M from public offering of 68.46M shares at $0.84
FFMGFFirst Mining Gold Corp.
First Mining Gold Corp. closed a bought-deal public offering of 68,459,500 common shares at $0.84 per share, generating gross proceeds of $57,505,980 after fully exercising the over-allotment option. The transaction was co-led by Haywood Securities Inc., ATB Cormark Capital Markets, and National Bank Financial Inc. Net proceeds will fund development of the Springpole and Duparquet gold projects in Canada, alongside general working capital needs. First Mining Gold Corp. is a gold developer advancing major mining projects in Ontario and Quebec.