Mergers & Acquisitions ·
First Mining Gold Corp. reported unaudited financial results for the six months ended June 30, 2026, recording a net…
FFMGFFirst Mining Gold Corp.
First Mining Gold Corp. reported unaudited financial results for the six months ended June 30, 2026, recording a net loss of $18.9 million CAD compared to $24.1 million in the prior year period. The company sold its Cameron Gold Project subsidiary to Seva Mining Corp. on March 10, 2026, receiving $5 million in cash and an equity stake that resulted in First Mining holding a 47.71% interest in Seva. Additionally, Bellavista Resources exercised a buy-down right at the Pickle Crow project, paying $3 million to reduce First Mining's ownership from 30% to 20%. The Springpole Gold Project received Federal Environmental Assessment approval on June 30, 2026, and entered into term sheet agreements with Cat Lake First Nation, Lac Seul First Nation, and Slate Falls Nation. Cash and cash equivalents stood at $37.3 million CAD as of June 30, 2026. The company operates in the gold mining industry, advancing exploration and development projects in Canada.