First Mining Announces Private Placement Financing

First Mining Finance Corp. (“First Mining”) (TSX VENTURE:FF)(OTCQX:FFMGF) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 20,000,000 units (“Units“) at a price of $0.80 per unit to raise gross proceeds of up to $16,000,000 (the “Private Placement“).

Each Unit will consist of one common share of First Mining and one-half of a common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of First Mining at $1.10 for a period of 36 months from the date of closing of the Private Placement.

Leave a Reply