First Mining Finance (TSE:FF) has released an update.
First Mining Gold Corp. successfully completed an $8 million bought deal financing, which included the full exercise of an over-allotment option, to support the advancement of its Springpole and Duparquet gold projects. The financing involved the sale of units consisting of one common share and half of a purchase warrant, with each full warrant allowing the purchase of an additional share at a set price. The funds are earmarked for project development, general working capital, and corporate purposes.
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