First Mexican Signs US$8.0 Million JV Agreement on Its Guadalupe Property, Mexico

VANCOUVER, British Columbia, Oct. 13, 2015 (GLOBE NEWSWIRE) — First Mexican Gold Corp. (the ‘Company’ or ‘FMG’) (TSX-V:FMG) (Frankfurt:21M) is pleased to announce, further to its September 22, 2015 press release, it has executed a definitive agreement with Link Natural Resources FZC (LNR), a private entity in the United Arab Emirates (Dubai) to form a 50/50 Joint-Venture (JV) in order to further advance the Guadalupe project. LNR will acquire a 50% working interest in exchange for a scheduled investment within the first year totaling $8.0 million (all funds US) in accordance with the following:

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