First Mining Secures $7M for Gold Exploration

First Mining Finance (TSE:FF) has released an update.

First Mining Gold Corp. has successfully completed an upsized non-brokered private placement offering, raising approximately $7 million through the sale of flow-through shares. The proceeds will fund exploration programs at the company’s Springpole and Duparquet gold projects in Canada, with the raised funds to be used for ‘Canadian exploration expenses’. Subscribers to the offering will have these expenses renounced in their favor by the end of 2024.

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