Review of FF's Main Assets

First Mining Gold (TSX: FF) or FFMGF currently owns the following assets:

Approximately $36 million in cash and nil debt.

Stream receivable of $6 million to be paid to FF by First Majestic Silver (TSX: FR).

100% ownership of the Springpole Gold Project with a probable gold reserve of 3.8 million oz.

43,333,333 Treasury Metals (TSX: TML) shares. On June 30th, FF shareholders will vote on a Special Distribution Resolution to distribute 23,333,333 of these TML shares to FF shareholders on a pro rata basis.

Warrants to purchase 11,666,666 Treasury Metals (TSX: TML) shares at $1.50 with an expiration date of August 7, 2023. On June 30th, FF shareholders will vote on a Special Distribution Resolution to distribute all of these TML warrants to FF shareholders on a pro rata basis. 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.

1.5% NSR royalty covering the Goldlund Project of Treasury Metals (TSX: TML). TML can buyback 0.5% of the royalty for $5 million. The Goldlund Project has an indicated gold resource of 840,000 oz and inferred gold resource of 260,000 oz.

Agreement with Treasury Metals (TSX: TML) for FF to receive $5 million in future milestone payments.

125,000,000 Auteco Minerals (ASX: AUT) shares.

Earn-In Agreement with Auteco Minerals (ASX: AUT) will pay FF $4 million in future cash payments.

2% NSR royalty covering the Pickle Crow Gold Project of Auteco Minerals (ASX: AUT). AUT can buyback 1% of the royalty for $2.5 million. The Pickle Crow Gold Project has an inferred gold resource of 1,000,000 oz with extremely high grades of 11.3 g/t gold.

FF is retaining a 20% interest in Auteco Minerals (ASX: AUT)'s flagship Pickle Crow Gold Project.

11,500,000 Big Ridge Gold (TSXV: BRAU) shares.

Earn-In Agreement with Big Ridge Gold (TSXV: BRAU) will pay FF an additional 25,000,000 BRAU shares.

1.5% NSR royalty covering the Hope Brook Gold Project of Big Ridge Gold (TSXV: BRAU). BRAU can buyback 0.5% of the royalty for $2 million. The Hope Brook Gold Project has an indicated gold resource of 844,000 oz and inferred gold resource of 110,000 oz.

FF is retaining a 20% interest in Big Ridge Gold (TSXV: BRAU)'s flagship Hope Brook Gold Project.

NSR royalties in 15 additional mining projects.

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.