First Mexican to Issue a Financing
First Mexican Gold Corp., on a best efforts basis, is arranging a non-brokered private placement of up to $240,000 through the sale of one million units at 24 cents per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant being exercisable at a price of 30 cents per share, for a period of two years. The financing is subject to regulatory approval.