First Mining Announces Voting Results from 2025 AGM
A total of 340,727,880 common shares of First Mining were represented at the 2025 AGM, representing 31.45% of the Company's outstanding common shares as at the record date of April 23, 2025. Shareholders voted in favour of all matters brought before the meeting. All five director nominees were elected as follows:
Election of Directors
Appointment of Auditor
Outcome of the Vote
Votes For
% For
Votes Withheld
% Withheld
Carried
316,871,605
98.65 %
4,345,828
1.35 %
Approval of Unallocated Entitlements under Amendment and Restated Share-Based Compensation Plan
Outcome of the Vote
Votes For
% For
Votes Against
% Against
Carried
211,951,905
93.23 %
15,390,872
6.77 %
Detailed voting results for the meeting are available on SEDAR+ at www.sedarplus.ca.
About First Mining Gold Corp.
First Mining is a gold developer advancing two of the largest gold projects in Canada, the 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 portfolio of gold project interests including the Pickle Crow Gold Project (being advanced in partnership with Firefly Metals Ltd.) and the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.).
First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.
ON BEHALF OF FIRST MINING GOLD CORP.
Daniel W. Wilton
Chief Executive Officer and Director
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", 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. 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. Such factors include, without limitation the Company's business, operations and financial condition potentially being materially adversely affected by the outbreak of epidemics, pandemics or other health crises, and by reactions by government and private actors to such outbreaks; risks to employee health and safety as a result of the outbreak of epidemics, pandemics or other health crises, that may result in a slowdown or temporary suspension of operations at some or all of the Company's mineral properties as well as its head office; 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, development 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, 2024 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 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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Toronto Star
an hour ago
- Toronto Star
Trident Resources To Commence 5,000m Diamond Drilling Program on Contact Lake High-Grade Gold Project, Saskatchewan
Vancouver, BC, Aug. 14, 2025 (GLOBE NEWSWIRE) — Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) ('Trident' or the 'Company') is pleased to announce detailed plans for its upcoming inaugural drill program at the Contact Lake Gold Project in Saskatchewan's underexplored and prolific La Ronge Gold Belt. Trident enters this program with over CAD $11 million in cash and marketable securities, fully funding this drill program and positioning the Company to act swiftly on future exploration opportunities across its Saskatchewan portfolio. Contact Lake Project Location Map: 'With drilling to be underway within the next week, we are excited to build on our proven track record of discovery and resource growth in the La Ronge Gold District. We believe our gold assets have the potential to become a tier 1 project in Canada and provide a strong foundation for value creation. We are also optimistic that our systematic exploration methodology will deliver success with additional new discoveries in our underexplored district scale land package,' said Jonathan Wiesblatt, CEO of Trident. ARTICLE CONTINUES BELOW The drill program at the Contact Lake mine site will comprise of 5,000 metres across 16 holes with the aim of confirming and extending gold mineralization along strike and down-dip from the historically defined gold mineral resources. The Contact Lake mine was operated by Cameco between December 1994 to May 1998 when 1,006,673 tonnes of ore were processed at a head grade of 6.16 grams per tonne (g/t) Au for a reported 188,185 ounces of gold (Au) recovered with life of mill recovery rate stated at 95%. Contact Lake hosts significant underground infrastructure and exploration potential in the areas immediately adjacent to the underground development. Cameco reported that substantial historically defined gold resources were left in the ground when mining activities were terminated at a time when the gold price was approximately $300/ounce. Contact Lake Gold Project Plan View: The Contact Lake deposit is hosted within the northeast trending Bakos shear zone, which cuts through the granitic portion of the Little Deer Lake composite pluton. The auriferous Bakos shear zone has been drill-defined at between 15 to 40 metres in width over a strike length of greater than 2 km. The 2025 drilling will focus on extending gold mineralization between the underground development and the unmined resources of the BK3 zone, located immediately northeast of the former mine site. Drilling will also target down-dip extensions of the high-grade gold mineralization of the main zone as these types of shear-hosted gold deposits commonly extend at depth providing strong discovery potential below the currently defined dimensions of the Contact Lake deposit. Cyr Drilling from Winnipeg, Manitoba, has been chosen as the drill contractor and is mobilizing their personnel and drill equipment to Contact Lake. All drill cores will be logged, photographed and processed on site throughout the program. Data collection will include geologic, geotechnical and a full 48 element analytical suite in conjunction with a comprehensive QA / QC program with lab-certified standards, field blanks and duplicates comprising >10% of the sample stream. All 2025 data will be incorporated into the existing Contact Lake database and utilized in future exploration programs on the project. Location Map of Planned Drill Holes: The initial drill holes of the 2025 program will be focused on the discovery of shallow gold mineralization immediately northeast of the Contact Lake Main Zone (MZ1), which produced the majority of gold resources during mining operations. The second phase of drilling will target zones at moderate depth (200-250 metres below surface) that lie between the MZ1 zone and the BK3 zone. The BK3 zone is located 150 metres northeast of MZ1, below the western edge of Contact Lake and is reported to host substantial gold resources that were never mined. The final phase of the 2025 drill program will target the down-plunge extension of the gold mineralization in both the MZ1 and MZ2 zones. Drilling will target the heart of the past-producing Contact Lake Mine, following up on historical high-grade intercepts including: ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Qualified Person: The scientific and technical data contained in this news release was approved by Cornell McDowell, a non-independent 'qualified person' under the National Instrument 43-101 Standards of Disclosure of Mineral Projects. About Trident Resources Corp.: Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and Greywacke Lake projects which host significant historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project which contains a historical copper resource. To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company's website at Trident Resources Corp. Jonathan Wiesblatt, Chief Executive Officer Email: For further information contact myself or: Andrew J. Ramcharan, PhD, Corporate Communications Trident Resources Corp. Telephone: 647-309-5130 Toll Free: 800-567-8181 Facsimile: 604-687-3119 Email: info@ NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Forward-Looking Information and Statements This release includes certain statements that may be deemed to be 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information.
The Market Online
2 hours ago
- The Market Online
Pan American Silver takes major stake in Galleon Gold
Top gold and silver producer Pan American Silver (TSX:PAAS) made an C$8 million investment in junior miner Galleon Gold (TSXV:GGO) through a non-brokered private placement Galleon Gold is an exploration and development company advancing a preliminary economic assessment-stage project in Timmins, Ontario Galleon Gold stock has added 164.47 per cent year-over-year Top gold and silver producer Pan American Silver (TSX:PAAS) made an C$8 million investment in junior miner Galleon Gold (TSXV:GGO) through a non-brokered private placement. This content has been prepared as part of a partnership with Galleon Gold Corp., and is intended for informational purposes only. The funding is in the form of unsecured convertible debt financing, and is tied to a memorandum of understanding with Pan American subsidiary Lake Shore Gold for toll processing of mineralized materials from Galleon's planned 86,500-ton bulk sample from its West Cache gold project in Timmins, Ontario, at Pan American's Bell Creek Mill about 40 km east. Pan American oversees producing mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina, in addition to a global exploration and development portfolio prospective for untapped resources, and delivered record net earnings of US$189.6 million in Q2 2025. The gold and silver producer agreed to a 36-month debenture, bearing interest at 10 per cent annually, that is payable in cash or shares and convertible at its discretion into Galleon Gold shares priced at C$0.45. Post conversion, Pan American would own a 19.59 per cent position in Galleon on a partially diluted basis and an 11.30 per cent position on a fully diluted basis, with the potential to expand to and maintain a 19.9 per cent position on a fully diluted basis in future financings. Galleon may repay the debenture in whole or in part any time beginning on the second anniversary from issuance. The junior miner will use the proceeds for surface development of the West Cache bulk sample. The 11,580-hectare project yielded a 2022 preliminary economic assessment detailing a C$1.17 billion net present value at a base-case of US$3,500 per ounce of gold, initial costs of only C$150 million and an after-tax payback period of only 3.3 years. A mineral resource estimate from the same year details 472,000 ounces indicated and 1.08 million ounces inferred. Leadership insights 'Pan American is a well-established operator in the Timmins mining camp and we welcome their strategic investment and endorsement of the project and of our team,' R. David Russell, Galleon Gold's president and chief executive officer, said in a statement. 'Our metallurgical testing indicates processing at the Bell Creek Mill will yield excellent gold recoveries and dovetail well with Bell Creek's current milling operations. Pan American has a proven template of hauling ore from their Timmins West Complex, located adjacent to West Cache, to their Bell Creek operations. We expect the toll milling arrangement will be beneficial to both companies and we look forward to working with their team to finalize the definitive agreement and progress towards Galleon Gold's first pour.' About Galleon Gold Galleon Gold is an exploration and development company advancing a preliminary economic assessment-stage project in Timmins, Ontario. Galleon Gold stock (TSXV:GGO) last traded at C$0.50. The stock has added 164.47 per cent year-over-year. Join the discussion: Find out what everybody's saying about this junior gold stock on the Galleon Gold Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Cision Canada
2 hours ago
- Cision Canada
Intellistake Technologies Corp. Confirms Stablecoins Acquired in Preparation for Strategic Digital Asset Allocations in the AI and Technologies Ecosystem
/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ VANCOUVER, BC, Aug. 14, 2025 /CNW/ - Intellistake Technologies Corp. (CSE: ISTK) (OTCQB: ISTKF) (FSE: E41) ("Intellistake" or the "Company") is pleased to announce it has completed the acquisition of stablecoins as an operational step in its strategy to support decentralized AI and blockchain networks. This allocation establishes a base layer for validator operations, staking, and infrastructure participation—positioning the Company to execute upcoming strategic digital asset allocations efficiently. Intellistake intends to acquire approximately CAD$500,000 in stablecoins which would be used toward upcoming strategic digital asset allocations across blockchain infrastructure and decentralized AI ecosystem assets. Details of these allocations will be announced in the Company's forthcoming first strategic AI token allocation press release. Intellistake remains committed to expanding its treasury holdings of AI and technology-focused digital assets, leveraging blockchain technology to support long-term stakeholder value. This forms part of a broader strategy to grow its position in AI and tech digital assets in alignment with the global shift toward advanced decentralized technologies. This deployment was made possible through the Company's partnership and exclusive agreement with Singularity Venture Hub, which provides secure institutional-grade self-custody infrastructure via Fireblocks, a platform trusted by some of the world's leading digital asset managers. Fireblocks employs advanced security features such as multi-party computation (MPC) and SGX-secured transfer environments, enabling Intellistake to securely store and manage digital assets in a fully segregated, non-custodial environment. "Activating our institutional-grade MPC wallet infrastructure through an exclusive agreement with Singularity Venture Hub, gives us the secure foundation we need to execute confidently in this space," said Jason Dussault, CEO of Intellistake Technologies Corp."This step not only validates our operational readiness—it ensures that we're aligned with best practices in digital asset self-custody from day one." Stablecoins are blockchain-based tokens engineered to maintain a stable value —typically pegged 1:1 to fiat currencies like the US dollar. They offer the speed and programmability of digital assets while intended to preserve the price stability of traditional money, making them essential tools for treasury management and efficient capital deployment in volatile markets. The stablecoins acquired as part of this deployment will serve as a liquid base layer, enabling flexible, real-time acquisition of planned upcoming investments across decentralized AI networks, validator systems, and infrastructure-layer digital assets. A subsequent press release will announce the Company's first strategic digital asset allocation into assets that enable participation in and support for the foundational and infrastructure layers of leading decentralized AI technology networks—potentially including tokens such as BTC, ETH, FET and others—together with the commencement of staking operations that contribute to the functionality and security of those networks. Financing The Company intends to undertake a non-brokered private placement offering of units (each a "Unit") at a price of $0.87 per Unit to raise gross proceeds of up to $5 million (the "Offering"). Each Unit will consist of one class "A" shares (each a "Share") and one Share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Share at an exercise price of $1.08 for a period of 36 months following the closing of the Offering, subject to accelerated expiry in certain circumstances. In the event that the Shares become listed for trading on either a senior Canadian stock exchange (including without limitation the Toronto Stock Exchange or the Cboe Canada Exchange), NASDAQ or the NYSE (in either case, the "Triggering Event"), the expiry date of the Warrants will be automatically accelerated, irrespective of whether the Company gives notice thereof to the holders of the Warrants by way of news release, and the Warrants will expire on the first day that is ten trading days after the date of the Triggering Event (the "Accelerated Exercise Period"). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period. The net proceeds of the Offering will be used for acquisitions of digital currencies, development of AI Agents, validator hardware acquisitions, research & development and marketing, repayment of existing accounts payable, investor relations expenditures, working capital requirements and other general corporate purposes. In particular, the Company intends to use the net proceeds of the Offering to acquire a portion of the up to $500,000 in digital assets disclosed in this press release and fund a portion of the costs of the FSN (defined below) marketing services disclosed below. The securities issued in the Offering will be subject to a statutory hold period of four months and one-day. The Company retains the right to increase the gross proceeds of the Offering to up to $10 million in the context of the market. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registrations are available. No public offering of securities is being made in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. Investor Relations The Company is also pleased to announce that it has entered into an agreement with Financial Star News Inc. ("FSN") of 701 West Georgia Street, #1500, Vancouver, BC V7Y 1C6, e-mail [email protected]; telephone: 778-707-0363, to provide marketing services which are expected to commence during August 2025 and continue until terminated on thirty days' notice. The services provided by FSN will include the creation of campaigns, ad groups, text ads, display ads, performance of detailed keyword research, setup and management of remarketing campaigns, optimizing keyword options, coordinating online advertisers and marketers, corresponding to online marketing targets, creating landing pages for ad campaigns and generally bringing attention to the business of the Company. The promotional activity undertaken by FSN will occur on a landing page, and via Google ads and native advertising. The Company will pay a fee of up to USD$500,000 (plus GST) for the marketing services. The Company will not issue any securities to FSN as compensation for its marketing services. As of the date hereof, to the Company's knowledge, FSN (including its directors and officers) own 333,333 Shares of the Company. FSN has an arm's length relationship with the Company. About Intellistake Intellistake's mission is to provide traditional investors with regulated access to the intersection of artificial intelligence and blockchain technology, through familiar stock exchange mechanisms. The Company seeks to eliminate technical barriers including digital asset wallet management and private key security, while addressing the institutional access gap that has historically limited participation to celebrities and venture capitalists with early access to private AI companies. For additional information on the business of Intellistake please refer to Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, all statements in respect of the Company's growth and development, the operations and business segments of the Company, expectations regarding the market for digital currencies and decentralized AI, support for decentralized AI and blockchain networks, expected allocation amounts for and selection of digital currencies, leveraging blockchain technology to support long-term stakeholder value, a broader strategy to grow the Company's position in AI and tech digital assets, commencement of staking operations, the expected gross proceeds of the Offering and the use of proceeds from the Offering. In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company's services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; and the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure to raise the capital necessary to fund its operations; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the Company's success may depend on the continued involvement of key personnel, including advisors, whose involvement cannot be guaranteed; institutional adoption of decentralized AI infrastructure remains uncertain and may not occur at the pace or scale anticipated; evolving regulatory frameworks, including those related to AI (such as Canada's proposed Artificial Intelligence and Data Act), may impose additional compliance burdens or restrict certain business activities; valuation figures are based on publicly available market data and internal assessments at the time of the referenced transactions and may not reflect current or future valuations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators. Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.
