First Mining Gold Corp. (TSX: FF) has moved to the threshold of fill ownership of Beattie Gold Mines Ltd.
The remaining 45,000 common shares of Beattie Gold, representing 2.4% of Beattie Gold’s outstanding common shares, have been tendered and deposited under the Beattie Offer. Together with the 97.6% of the outstanding common shares of Beattie Gold that have already been tendered and deposited under the Beattie Offer, First Mining will own 100% of the outstanding common shares of Beattie Gold upon closing of the Beattie Offer.
First Mining recently revealed it had entered into binding share purchase agreements to acquire the issued and outstanding common shares of 2699681 Canada Ltd. and 2588111 Manitoba Ltd.
In addition to owning 100% of the outstanding common shares of Beattie Gold upon closing of the Beattie Offer, First Mining will also own 100% of the outstanding common shares of 269 Canada and 2588111 Manitoba Ltd. as the Concurrent Transactions will close simultaneously with the Beattie Offer in September 2022.
Upon closing of the Beattie Offer and the Concurrent Transactions, First Mining will own 100% of the Duparquet Gold Project, one of the largest advanced-stage gold projects in Canada.
For further information please visit: https://firstmininggold.com/
