First Mining Files Final Base Shelf Prospectus and Registration Statement
TSX: FF
OTCQX: FFMGF
FRANKFURT: FMG
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NEWS RELEASE
First Mining Files Final Base Shelf Prospectus and Registration Statement
February 24, 2026 – Vancouver, BC – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF)
(OTCQX: FFMGF) (FRANKFURT: FMG) announces that it has obtained a receipt for as final short form base
shelf prospectus (the “Final Shelf Prospectus”) filed with the securities regulatory authorities in each of the
provinces and territories of Canada, and its corresponding registration statement on Form F -10 (the
“Registration Statement”) has been filed with the United States Securities and Exchange Commission (the
“SEC”) under the U.S./Canada Multijurisdictional Disclosure System, but has not yet become effective. The
filing replaces the previous base shelf prospectus of the Company dated January 23, 2024.
The filing of the Final Shelf Prospectus and the Registration Statement is consistent with the Company’s past
practice to provide First Mining with greater financial flexibility . The Company has not entered into any
agreements or arrangements to authorize or offer any Securities (as defined below) at this time.
The Final Shelf Prospectus and the Registration Statement will allow First Mining to undertake offerings of
common shares, preferred shares, warrants, subscription receipts and units (collectively, the “Securities”),
or any combination thereof, up to an aggregate total of C$ 500 million from time to time during the 25-month
period that the Final Shelf Prospectus remains effective. The Securities may be offered in amounts, at prices
and on terms to be determined at the time of sale and, subject to applicable regulations, may include “at -
the-market” transactions, public offerings or strategic investments. The specific terms of any offering of
Securities, if any, including the use of proceeds from such offering, will be set forth in a shelf prospectus
supplement pertaining to such offering to be filed with applicable securities regulator y authorities. The
securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement
becomes effective.
Copies of the Final Shelf Prospectus and the Registration Statement can be found, respectively, under the
Company’s SEDAR + profile at www.sedarplus.ca and on EDGAR at www.sec.gov, or may be obtained by
request to Richard Huang, Vice President, Corporate Development & Corporate Secretary, Suite 2070 – 1188
West Georgia Street, Vancouver, British Columbia V6E 4A2, Canada, or to [email protected].
No securities regulatory authority has either approved or disapproved the contents of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of
the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About First Mining Gold Corp.
First Mining is a gold developer advancing two of the largest gold projects in Canada, th e Springpole Gold
Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are
on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted
in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on
the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project
in Ontario and a 30% project interest in the Pickle Crow Gold Project.
First Mining was established in 2015 by Mr. Keith Neumeyer, founder and CEO of First Majestic Silver Corp.
ON BEHALF OF FIRST MINING GOLD CORP.
Daniel W. Wilton
TSX: FF
OTCQX: FFMGF
FRANKFURT: FMG
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Chief Executive Officer and Director
For further information, please contact:
Toll Free: 1 844 306 8827 | Email: [email protected]
Paul Morris | Director, Investor Relations | Email: [email protected]
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward -looking information” and "forward -looking statements” (collectively
"forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation
including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made
as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such
as "expects”, "anticipates”, "believes”, “plans”, “projects”, "intends”, "estimates”, “envisages”, "potential”, "possible”,
“strategy”, “goals”, “opportunities”, “objectives”, “targeted”, “advancing”, “proving” or variations thereof or stating that
certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative
of any of these terms and similar expressions.
Forward-looking statements in this news release relate to future events or future performance and reflect current
estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements
with respect to: (i) the filing and effectiveness of any potential prospectus supplement; (ii) the Company undertaking any
offering of Securities under the Final Shelf Prospectus and corresponding Registration Statement, including the amount
and terms of any Securities to be offered; (iii) the Company’s plans with respect to advancing its portfolio of gold projects;
(iv) feasibility and permitting activities related to the Springpole Gold Project; and (v) realizing the value of the Company’s
gold projects for the Company’s shareholders. All forward -looking statements are based on First Mining's or its
consultants' current beliefs as well as various assumptions made by them and information currently available to them.
There can be no assurance that such statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and
projections on the date the statements are made and are based upon a number of assumptions and estimates that, while
considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results,
performance or achievements to be materially different from the results, performance or achievements that are or may
be expressed or implied by such forward -looking statements and the parties have made assumptions and estimates
based o n or related to many of these factors. Such factors include, without limitation:; the potential offering of any
Securities by the Company; uncertainty with respect to the completion of any future offering; the ability to obtain
applicable regulatory appro val for any contemplated offerings; the ability of the Company to negotiate and complete
future funding transactions; fluctuations in the spot and forward price of gold, silver, base metals or certain other
commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S. dollar); changes in
national and local government, legislation, taxation, controls, regulations and political or economic developments; risks
and hazards associated with the business of mineral exploration, dev elopment and mining (including environmental
hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws
and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local
communities, indigenous populations and other stakeholders; availability and increasing costs associated with mining
inputs and labour; the speculative nature of mineral exploration and development; title to properties.; and the additional
risks described in the Company’s Annual Information Form for the year ended December 31, 202 4 filed with the
Canadian securities regulatory authorities under the Company’s SEDAR+ profile at www.sedarplus.ca, and in the
Company’s Annual Report on Form 40-F filed with the SEC and on EDGAR.
First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our
forward-looking statements to make decisions with respect to First Mining, investors and others should carefully
consider the foregoing factors and other uncertainties and potential events. First Mining does not undertake to update
any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on our
behalf, except as required by law.