First Mining Announces Agreement with First Majestic Silver to Accelerate Final Springpole Silver Stream Payment and Amend Warrant Terms

VANCOUVER, BC, March 14, 2025 /CNW/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF.TO) (OTCQX:FFMGF) (FRANKFURT:FMG) announces that it has entered into an amending agreement (the "Amending Agreement") with First Majestic Silver Corp. ("First Majestic") to the silver purchase agreement dated June 10, 2020, among First Majestic, First Mining and Gold Canyon Resources Inc., a wholly-owned subsidiary of First Mining (the "Silver Purchase Agreement").  Pursuant to the Amending Agreement, the Company and First Majestic have agreed to amend the terms of the final tranche payment ("Tranche 3") under the Silver Purchase Agreement, such that it will now be a cash-only payment of US$5 million, and it will be payable by First Majestic by March 31, 2025.