first mexican_closing of third tranche private placement

Toronto, Ontario, December 31, 2019 – First Mexican Gold Corp. (TSX Venture: FMG) (“First Mexican” or the “Company”) is pleased to announce that further to its news release of December 24, 2019, the Company has issued an aggregate of an additional 1,900,000 units (“Units”) of the Company at a price of $0.05 per Unit for gross proceeds of $95,000. In total, the Company issued an aggregate of 20,000,000 Units for gross proceeds of $1,000,000 (the “Offering”).