First Mining Gold Corp. agreed to sell 59,530,000 common shares at $0.84 each for $50,005,200 in gross proceeds, with an option for 8,929,500 more shares. The arrangement gives investors the stated offering size, price and potential additional issuance, with the option worth up to $7,500,780.

Key Highlights

  • The common-share transaction carries an offering price of $0.84 per share.
  • Haywood Securities Inc. ATB Cormark Capital Markets Corp. and National Bank Financial Inc. are the co-lead underwriters and joint bookrunners.
  • Lisa Peterson signed the report on September 22, 2026, as Chief Financial Officer and Corporate Secretary.

First Mining Gold Corp. (OTC: FFMGF) is a precious metals company. The agreement covers the sale of 59,530,000 common shares at $0.84 each, generating aggregate gross proceeds of $50,005,200 for First Mining Gold. An over-allotment option allows the underwriters to buy as many as 8,929,500 additional shares at the same offering price, representing potential gross proceeds of $7,500,780.

$50,005,200 Common-Share Offering

The transaction is structured as an underwritten bought deal, with Haywood Securities Inc. ATB Cormark Capital Markets Corp. and National Bank Financial Inc. acting as co-lead underwriters and joint bookrunners. The underwriters would purchase the shares separately in their respective proportions under the agreement, rather than taking joint responsibility. All dollar amounts in the agreement are denominated in Canadian dollars. First Mining Gold said the offering would take place in Canada and the United States, while distribution elsewhere could occur where legally permitted. The additional-share option is non-assignable and may be exercised in whole or in part during the period specified in the agreement. Net proceeds are intended for the uses described in the prospectus supplement. The agreement is dated September 21, 2026. Lisa Peterson signed on behalf of First Mining Gold on September 22, 2026, using the title Chief Financial Officer and Corporate Secretary.