First Mining Gold Corp (FF) Financings
TSX: FF · Gold · Development stage
- Market cap$981.4M
- Share price$0.660
- 52-week range$0.270 – $0.980
- Shares outstanding1,486,951,803
- ExchangeTSX
- Websitefirstmininggold.com
First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where the federal Environmental Assessment for the Springpole Project was approved in June 2026, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns a 20% project interest in the Pickle Crow Gold Project in Ontario and large equity interest in Seva Mining Corp.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
First Mining Gold Corp financial statements
Key figures read from 40 of 41 financial statement filings, Nov 15, 2016 to Aug 11, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$43,346 | C$11,351 | C$12,211 | C$13,558 | — |
| Short-term investments | C$2,006 | C$2,388 | — | — | — |
| Total current assets | C$73,873 | C$15,059 | C$13,349 | C$14,860 | C$43,911 |
| Total current liabilities | C$23,231 | C$14,315 | C$11,187 | C$9,248 | C$9,955 |
| Working capital | C$50,642 | C$744 | C$2,162 | C$5,612 | C$33,956 |
| Exploration and evaluation assets | C$251,497 | C$256,059 | C$244,234 | C$221,147 | C$170,017 |
| Property, plant and equipment | C$1,694 | C$1,923 | C$2,101 | C$1,373 | C$1,086 |
| Total assets | C$348,792 | C$294,852 | C$286,067 | C$266,933 | C$260,309 |
| Total liabilities | C$130,739 | C$50,410 | C$47,673 | C$39,263 | C$36,384 |
| Shareholders' equity | C$218,053 | C$244,442 | C$238,394 | C$227,670 | C$223,925 |
Income statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$1,142 | C$794 | C$787 | C$639 | — |
| General and administrative | C$5,103 | C$4,673 | C$5,280 | C$4,962 | — |
| Impairments and write-downs | C$6,426 | C$11,955 | C$1,545 | C$10,361 | — |
| Net income (loss) | (C$77,919) | (C$15,314) | (C$7,036) | (C$16,279) | (C$38,350) |
Cash flow statement: annual key figures
Canadian dollars (C$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$7,393) | (C$3,952) | (C$5,072) | (C$5,082) | (C$6,443) |
| Investing cash flow | (C$14,264) | (C$17,867) | (C$11,315) | (C$15,809) | C$1,847 |
| Financing cash flow | C$53,986 | C$20,737 | C$15,115 | C$4,889 | C$5,263 |
| Exploration spending (capitalized) | (C$22,856) | (C$20,877) | (C$18,458) | (C$25,113) | (C$15,771) |
| Proceeds from share issues | C$34,834 | C$12,856 | C$15,283 | C$5,054 | C$0 |
| Change in cash | C$31,995 | (C$860) | (C$1,347) | (C$15,958) | C$615 |
| Cash at end of period | C$43,346 | C$11,351 | C$12,211 | C$13,558 | C$29,516 |
First Mining Gold Corp financings
5 financings announced or closed by First Mining Gold Corp, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-17 | First Mining Gold Corp (FF) | Private placement, bought deal | Closed, 1 tranche | $57.5M | $0.840 | First Mining Announces $50 Million Bought-Deal Offering of Common Shares |
| 2025-07-22 | First Mining Gold Corp (FF) | Private placement, brokered | Closed, 1 tranche | $12.0M | $0.180 | First Mining Announces Closing of $12 Million Public Offering |
| 2024-09-19 | First Mining Gold Corp (FF) | Private placement, bought deal | Closed, 2 tranches | $7.4M | $0.135 | First Mining Announces $7 Million Bought Deal Public Offering and Non-Brokered Private Placement |
| 2024-05-28 | First Mining Gold Corp (FF) | Flow-through, non-brokered | Closed, 1 tranche | $7.0M | $0.165 | First Mining Announces up to $5 Million Flow-Through Equity Financing |
| 2023-10-26 | First Mining Gold Corp (FF) | Private placement, non-brokered | Closed, 2 tranches | $10.8M | $0.125 | First Mining Announces $5 Million Equity Financing |
First Mining Gold Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments First Mining Gold Corp has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2016-07-12 | Loan, repaid / settled | First Majestic Silver Corp | US$1.18M | — |