1 July 2026regulatory community update▲ GoodMajor
Agreed key terms of a project agreement with Slate Falls Nation for Springpole, a third community accord after those with Mishkeegogamang and with Cat Lake and Lac Seul.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 June 2026regulatory community update▲ GoodMajor
Reached agreement with Cat Lake First Nation on mobilising the Cat Lake all-season access road, the physical access Springpole needs.
16 June 2026regulatory community update▲ GoodMajor
Cat Lake First Nation and Lac Seul First Nation completed their Anishinaabe-led impact assessment and authorised Springpole subject to 35 negotiated terms, with a term sheet agreed on benefits, environmental protection and conditions. The process begun with the October 2024 agreement has produced a consent decision.
21 May 2026drilling progress report▲ Good
Began the 2026 Duparquet campaign and signed a drilling partnership with Forage Anicinape, an Indigenous-owned contractor.
19 May 2026drilling result▲ Good
New high-grade intercepts from the North Zone, South Zone and Minuit targets at Duparquet.
29 Apr 2026joint venture update● Neutral
Bellavista Resources closed its purchase of FireFly Metals' interest in PC Gold, the company holding Pickle Crow, and exercised a buy-down right by paying First Mining C$3 million to cut its stake from 30% to 20%. The remaining 20% is free carried to a decision to mine - the Auteco earn-in of 2020 has passed through two owners and left First Mining with a fifth of a project it no longer funds.
23 Apr 2026regulatory community update● Neutral
Update on Springpole as permitting continued.
31 Mar 2026annual report● Neutral
Full-year 2025 results and operating highlights.
10 Mar 2026asset acquisition disposition▲ GoodMajor
Closed the Cameron sale, now to Seva Mining, receiving C$5 million cash and 80 million Seva shares - about 48% of Seva - with two board seats. First Mining ends up owning nearly half the buyer rather than the mine.
9 Mar 2026drilling result▲ Good
Duparquet hole DUP25-085 returned 3.74 g/t gold over 15.5 metres and 7.18 g/t over 8 metres at the Miroir target.
3 Feb 2026joint venture update● Neutral
FireFly Metals agreed to sell its 70% of PC Gold, the company holding Pickle Crow, to Bellavista Resources for 60 million Bellavista shares worth about A$45 million plus A$37.5 million of performance rights. First Mining keeps its 30% minority and gains a second new partner on the project Auteco earned into in 2020.
23 Jan 2026material agreement● Neutral
Material change report covering the March 2025 amendment that accelerated First Majestic's final silver stream payment and changed its warrant terms.
15 Jan 2026other material event▲ Good
Named to the 2026 OTCQX Best 50, a US market recognition list.
7 Jan 2026regulatory community update▲ Good
Published a socio-economic analysis of the Springpole project, quantifying its local and regional impact for the permitting process.
29 Dec 2025resource reserve update● Neutral
The Springpole prefeasibility technical report itself, effective 1 December 2025.
23 Dec 2025resource reserve update● Neutral
Filed the technical report for the updated Springpole prefeasibility study announced in November.
22 Dec 2025resource reserve update● Neutral
The Duparquet economic assessment technical report as filed.
16 Dec 2025capital raising announcement▲ Good
First Majestic exercised 32,050,228 warrants at $0.20, handing First Mining C$6.4 million. These are the warrants whose terms were amended in March when the silver stream payment was accelerated.
20 Nov 2025asset acquisition disposition▲ GoodMajor
Agreed to sell the Cameron gold project - the ground consolidated with the Metalore purchase in 2020 - to Oronova Energy for C$27 million: C$5 million cash, 80 million Oronova shares and at least C$2 million more later.
18 Nov 2025resource reserve update▲ GoodMajor
The updated Springpole study more than doubled the project's value: after-tax US$2.1 billion at a 5% discount with a 41% return, against US$995 million and 29% in the 2021 version, on the same 30,000 tonne-a-day pit. Average annual production of 330,000 ounces at US$877 an ounce in the first five years, against US$577 in 2021. The base-case gold price moved from US$1,600 an ounce in 2021 to US$3,100 here, which is where most of the extra value comes from.
10 Nov 2025drilling result▲ Good
Miroir kept growing with 2.01 g/t gold over 29.8 metres and 3.20 g/t over 15.75 metres.
24 Sept 2025drilling result▲ Good
Hole DUP25-064 returned 3.23 g/t gold over 25.9 metres, expanding the Miroir target near surface.
18 Sept 2025material agreement▲ GoodMajor
Signed a memorandum of understanding with the City of Duparquet on community development and collaboration around the project - the Quebec equivalent of the First Nations agreements built around Springpole.
8 Sept 2025drilling result▲ Good
Expanded the Aiguille zone at Duparquet to more than 100 metres of strike.
6 Aug 2025capital raising announcement● NeutralMajor
Closed an upsized $24.4 million private placement, taking the summer's raising to $36.4 million with the July public offering - by far the largest funding round in the cached record, and it comes as gold prices run.
31 July 2025asset acquisition disposition▲ Good
Closed the sale of the remaining 20% of Hope Brook to Big Ridge.
22 July 2025capital raising announcement● NeutralMajor
Closed the over-subscribed public offering: 66,670,000 units at $0.18 for $12.0 million. A higher price than the $0.135 rounds of late 2024.
What it means for a shareholder
66.7m new shares at US$0.180 to raise about US$12.0m. That's 5.8% dilution: every existing holder's slice gets 5.8% smaller. If you held US$1,000 of shares (5,556 at the issue price), your slice goes from 0.000514% to 0.000485% of the company. To keep it you'd need 343 more shares - about US$62 at the issue price.
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15 July 2025capital raising announcement● NeutralMajor
Upsized the public offering to $12 million as part of a combined raise of up to $27 million, through Haywood Securities and a syndicate.
14 July 2025drilling result▲ GoodMajor
Discovered another new zone at Duparquet, Minuit, positioned for immediate expansion drilling.
7 July 2025regulatory community update▲ GoodMajor
Signed a long-term relationship agreement with the Mishkeegogamang First Nation covering development of Springpole.