First Mining announces the appointment of a new Chief Financial Officer

VANCOUVER, BC, August 11, 2022 /PRNewswire/ – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce the appointment of Lisa M. Peterson effective as the company’s financial director September 16, 2022.

Lisa has over 14 years of experience in the mining, renewable energy, infrastructure and professional services industries. His most recent positions include serving as CFO of free copper & Gold Corporation and Zacapa Resources Corporation. Lisa previously held the position of Vice President of Corporate Reporting and Global Accounting at SkyPower Global, an international large-scale renewable energy developer and supplier. Prior to joining SkyPower Global, Lisa worked for 3 years at Barrick Gold Corporation as Chief of Staff for Capital Projects and Chief of Staff for the Frontier District within their Technical Services, Project Development and group life planning. In these roles, he helped advance large-scale projects, engaged with stakeholders and joint venture partners, and conducted value assurance reviews of operating assets and expanding businesses. Prior to joining Barrick, Lisa spent 5 years at KGHM leading their international corporate reporting group. Lisa started her career at KPMG. She is a Certified Professional Accountant (CPA, CA) and holds a Bachelor of Business Administration degree from Simon Fraser University.

Lisa will replace Andy Marshallwhich will effectively leave his role at First Mining August 12, 2022having communicated to the company that he will look for another opportunity in the mining sector.

“We would like to thank Andy for his service and dedication to First Mining. As the company’s longest-serving employee, he has been a key part of First Mining’s development since 2015, and we wish Andy the best of luck in their future endeavors,” he said. And Wilton, CEO of First Mining. “We are very pleased to have Lisa join the First Mining team. Her background in mining and project development makes her a great fit with our focus on advancing Springpole and Duparquet gold projects We know Lisa will be a great contributor to unlocking the value of our world-class gold asset portfolio.”

About First Mining Gold Corp.

First Mining is a gold developer advancing a portfolio of gold projects canadabeing our most advanced project the Springpole Northwest Gold Project Ontariowhich is one of the largest undeveloped gold projects in canadaand where we have initiated a feasibility study and permitting activities are ongoing with a draft Environmental Impact Statement (“EIA”) for the project submitted to June 2022. First Mining also owns the Cameron, Duparquet, Duquesne and the Pitt Gold Projects, all advanced stage gold projects Ontario (in the event that Cameron) and Quebec. Our portfolio of gold project interests also includes the Pickle Crow Gold Project (ser advanced in collaboration with Auteco Minerals Ltd.), the Hope Brook gold project (ser advanced in partnership with Big Ridge Gold Corp.), a stake in Treasury Metals Inc. and a portfolio of 21 gold rights.

First Mining was established in 2015 by Mr. Keith NeumeyerFounding Chairman and CEO of First Majestic Silver Corp.


Daniel W. Wilton
CEO and director

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of Canadian provisions 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 press release. Forward-looking statements are often, but not always, identified by words such as “expects”, “anticipates”, “believes”, “plans”, “projects”, “intends”, “estimates”, “anticipates”, “potential” . “, “possible”, “strategy”, “goals”, “opportunities”, “targets”, “targeted”, “advance”, “demonstrate” or variations thereof or stating that certain actions, events or results “may” , ” might “, ” might “, ” might ” or ” will achieve ” or the negative of any such terms and similar expressions.

Forward-looking statements in this press release relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs about future events and include, but are not limited to, statements regarding: (i) the appointment date of Lisa M. Peterson such as the Company’s focus on the CFO and his future contributions to unlocking the value of the Company’s portfolio of gold projects; (ii) the Company’s plans to advance its assets into production; (ii) timetable for the submission of the EIS for the portfolio of gold projects; (iii) Feasibility and authorization of activities related to the Springpole Gold project; and (iiiiv) the realization of the value of the Company’s gold projects to the Company’s shareholders. All forward-looking statements are based on First Miningthat of the company or the current beliefs of their consultants like usll as the various assumptions made by them and the information they currently have. There can be no assurance that these statements are accurate, and actual results and future events could differ materially from those anticipated in this statement.entities Forward-looking statements reflect beliefs, opinions and projections as of the date the statements are made and are based on a number of assumptions and estimates that, while the respective parties believe to be reasonable, are inherently subject to them. 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 differ materially from the actual results, performance or achievements that are or may be expressed or implied in these forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. These factors include, but are not limited to: the possible offering of securities by the Company; uncertainty regarding the completion of any future offerings; the ability to obtain applicable regulatory approval for any contemplated offering; the company’s ability to negotiate and complete future financing transactions; These factors include, but are not limited to: the Company’s business, operations and financial condition that could be materially adversely affected by the outbreak of epidemics, pandemics or other health crises, such as the COVID- 19, and by the reactions of government and private agents to these outbreaks; risks to the health and safety of employees as a result of the outbreak of epidemics, pandemics or other health crises, such as COVID-19, which may cause a slowdown or temporary suspension of operations at some or all properties minerals of the Company, as well as its headquarters; fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar versus the US dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic evolution; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, landslides and floods); the presence of laws and regulations that may impose restrictions on mining; employee relations; relations with local communities, indigenous populations and other stakeholders and their claims; availability and increasing costs associated with mining and labor inputs; the speculative nature of mineral exploration and development; property title.; and the additional risks described in the Company’s annual information sheet for the closed financial year December 31, 2021 filed with the Canadian securities regulatory authorities under the company’s SEDAR profile a, and in the company’s annual report on Form 40-F filed with the SEC on EDGAR.

First Mining cautions that the above list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements in making decisions with respect to First Mining, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. First Mining undertakes no obligation to update any forward-looking statements, whether written or oral, that may be made from time to time by the Company or on our behalf, except as required by law.

SOURCE First Mining Gold Corp.



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