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First Mining Launches Major Funding Effort for Gold Projects

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First Mining Launches Major Funding Effort for Gold Projects

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

First Mining Gold Corp. has announced a new funding initiative comprising a $7 million bought deal public offering and a $5 million non-brokered private placement. The proceeds are intended to further develop their Springpole and Duparquet gold projects, and for general corporate purposes. The offerings, which include common shares and warrants, are expected to close by October 10, 2024.

For further insights into TSE:FF stock, check out TipRanks’ Stock Analysis page.

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