NIA Suggests FF Here at $0.38, Special Distribution Resolution on June 30th!

NIA is excited to officially suggest First Mining Gold (TSX: FF) or FFMGF on the OTCQB a company founded and chaired by Keith N. Neumeyer the CEO of First Majestic Silver (TSX: FR) a $5 billion market cap silver miner that gained by 1,030.51% from NIA's initial suggestion price to become NIA's #2 largest gaining silver pick in history!

FF has a huge catalyst set to take place one week from Wednesday! On June 30th is FF's annual shareholder meeting and FF shareholders will vote on a Special Distribution Resolution.

One year ago, FF became the largest shareholder in another advanced stage publicly traded gold explorer called Treasury Metals (TSX: TML) or TSRMF on the OTCQX. TML acquired FF's Goldlund Gold Project and combined it with TML's adjacent Goliath Gold Project to create a district scale Ontario gold project with a measured & indicated gold resource of 2,069,800 oz across a 65km strike!

FF received 43,333,333 TML shares currently worth $39 million. In addition, FF received warrants to purchase 11,666,666 TML shares at an exercise price of $1.50 per share (the warrants expire on August 7, 2023). FF also received a 1.5% NSR royalty on Goldlund (0.5% can be bought back by TML for $5 million). FF could even receive up to $5 million in future milestone payments from TML. 

If approved on June 30th, FF will be distributing 23,333,333 TML shares plus all of its TML warrants to FF shareholders on a pro rata basis. The targeted record date would be two weeks later on July 14th, with a targeted distribution date of July 15th. FF will continue to own 20 million TML shares and remain TML's largest shareholder with a 15.36% stake following the distribution.

FF currently has 697.37 million shares outstanding. If the Special Distribution Resolution gets approved on June 30th, FF shareholders will receive an estimated 1 TML share for every 30 shares owned of FF! TML is currently trading for $0.90 per share or 2.37X higher than FF's current price of $0.38 per share.

For every 2 TML shares that FF shareholders receive, they will also receive warrants to purchase 1 TML share at an exercise price of $1.50 per share. TML has agreed to use commercially reasonable efforts to list the TML warrants on the TSX and OTCQX following the distribution, which will allow TML warrant holders to sell their warrants in the open market and receive market value for them. Using TML's historical 100-day volatility of 51.23% we calculate that these warrants would trade today for $0.10 but the actual market value will be determined by the implied volatility for the future that the market applies.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from FF of USD$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.