First Mexican Gold Corp. 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 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 . Each Unit consists comprised of one common share in the capital of the Company [...]
First Mexican Gold Corp. is pleased to announce that further to its news release of November 8, 2019, the Company has issued an aggregate of an additional 11,100,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $555,000 . Each Unit consists comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one [...]
First Mexican Gold Corp. is pleased to announce that further to its news release of October 23, 2019, the Company has issued in the first tranche an aggregate of 7,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $350,000 . Each Unit consists comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant entitles the holder thereof to [...]
First Mexican Gold Corp. is pleased to report on a number of developments that are currently underway as outlined below. Private Placement The Company intends to complete a non-brokered private placement financing of up to 20,000,000 units of the Company at a price of $0.05 per Unit, for gross proceeds of up to $1,000,000 . Each Unit will be comprised of one common share in the capital of the Company and one Common Share [...]
First Mexican Gold Corp. , would like to report on a number of developments that have occurred and presently underway as outlined below. Share Cancellation Further to the Company's press release of February 13, 2019, FMG reported that it had issued nine million shares without obtaining prior TSX Venture Exchange approval. Further to the press release these shares were held in trust by the Company with its solicitor. The [...]
First Mexican Gold Corp. is pleased to announce that, further to its press release of August 27, 2019, the Company has completed the consolidation of its common shares on a ten for one basis . The Consolidation reduced the number of outstanding Common Shares from 81,844,360 to 8,184,436. This transaction was approved by the directors of the Company on August 19, 2019 . The shareholdings of less than 100 Common Shares were [...]
First Mexican Gold Corp. announces that it intends to consolidate its common shares on a ten for one basis . The Consolidation will reduce the number of outstanding Common Shares from 81,844,360 to approximately 8,184,436. No fractional Common Shares will be issued pursuant to the Consolidation and any fractional Common Shares that would otherwise be issued shall be rounded down to the nearest whole number. The change in [...]
July 31, 2019 - First Mexican Gold Corp. Is pleased to announce that effective July 26, 2019, the British Columbia Securities Commission and Ontario Securities Commission issued an order revoking a failure-to-file cease trade order originally issued by the respective commissions on May 7, 2019. On July 23, 2019, the Company filed its audited annual financial statements, management's discussion and analysis and related [...]
First Mexican Gold Corp. reports that further to the news release of April 23, 2018, the Company retained Isatis Capital Group of Montreal to arrange a credit facility of up to $10 million dollars on best efforts basis, contingent to market conditions and regulatory approval in United States and Canada. The Company issued to Isatis Capital one million shares of First Mexican Gold Corp. as payment to arrange the credit [...]
VANCOUVER, British Columbia, April 23, 2018 -- First Mexican Gold Corp. is pleased to announce that it has entered into an arrangement with Isatis Capital Group of Montreal to secure a credit facility loan for up to USD$10,000,000.00. The contemplated credit facility arranged will have a maturity of 48 months with FMG being able to terminate the loan at 36 months with a 2% penalty on remaining funds owed and will be [...]
First Mexican Gold wishes to advise that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. First Mexican Gold wishes to advise the public that its October 28, 2014 technical report, as currently filed, does not comply with the requirements of NI 43-101. As such, the resource estimates on its Guadalupe project are not supported by the [...]
First Mexican Gold announces that a total of 1,750,000 incentive stock options have been granted to directors, officers, consultants and employees of the Company pursuant to the Company's Stock Option Plan. The options are exercisable for a period of five (5) years at a price of $0.06 per share. ON BEHALF OF THE BOARD OF DIRECTORS OF First Mexican Gold Corp. Jim Voisin, President and CEO First Mexican Gold Corp. 519 699 [...]