Northwire Canada EditionFriday, November 13, 2026
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Gold 3,888.70 +0.1% Silver 49.09 −2.0% Copper 6.09 −1.6% Oil 88.52 −0.2% Palladium 1,008.00 +1.7% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.18 −6.1% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.280 +0.0% LVG 0.330 −2.9% BBB 0.500 +0.0% NGC 0.055 −8.3% ABRA 10.57 −1.9% OBUL 0.340 −1.4% MKO 10.62 −1.9% SGML 7.29 +3.0% Gold 3,888.70 +0.1% Silver 49.09 −2.0% Copper 6.09 −1.6% Oil 88.52 −0.2% Palladium 1,008.00 +1.7% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.18 −6.1% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.8% ELEF 0.280 +0.0% LVG 0.330 −2.9% BBB 0.500 +0.0% NGC 0.055 −8.3% ABRA 10.57 −1.9% OBUL 0.340 −1.4% MKO 10.62 −1.9% SGML 7.29 +3.0%
Financings

First Mining receives $6.41M from warrant exercise

By The Northwire Desk — AI Analysis Dec 16, 2025 · 16:21 FF · 0.51 First Mining Gold Corp.
FF · Price

Executive Summary

  • First Mining Gold Corp. received $6,410,045 from the exercise of 32,050,228 common share purchase warrants by First Majestic Silver Corp.
  • The warrants were exercised at a price of $0.20 per warrant and were originally issued in relation to an amendment of a silver purchase agreement involving First Majestic, First Mining, and Gold Canyon Resources Inc.
  • First Majestic’s ownership stake in First Mining increased to 3.5% of total common shares outstanding (47,379,944 shares) following the exercise.

Key Details

  • Proceeds Received: $6,410,045
  • Warrants Exercised: 32,050,228 common share purchase warrants
  • Exercise Price: $0.20 per warrant
  • Exercising Party: First Majestic Silver Corp.
  • Use of Proceeds: Advancement of Springpole and Duparquet gold projects, general working capital, and corporate purposes.
  • Post-Exercise Ownership: First Majestic holds 47,379,944 common shares, representing 3.5% of First Mining’s total common shares outstanding.
  • Context: The warrants were issued in connection with amending the terms of a silver purchase agreement among First Majestic, First Mining, and Gold Canyon Resources Inc. (a wholly owned subsidiary of First Mining).

Notable Quotes

  • None provided in the release.
Read the original news release →

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M&A / Property