First Mining Announces $7 Million Bought Deal Public Offering and Non-Brokered Private Placement

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc. and Haywood Securities Inc. (collectively, the "Underwriters") under which the Underwriters have agreed to buy on a bought deal basis, 51,852,000 units of the Company ("Units") at a price of $0.135 per Unit for aggregate gross proceeds of approximately $7 million (the "Bought Deal Offering").  The Underwriters have been granted an option (an "Over-Allotment Option") to purchase up to an additional 15% of the number of Units issuable under the Bought Deal Offering, exercisable in whole or in part, up to 30 days following the closing of the Bought Deal Offering.