Brief: First Mining to acquire Cameron Gold Project from Chalice Gold Mines

First Mining Gold

03/05/2016 13:00

May 3 (Reuters) - First Mining Finance Corp  FF.V  
    * First mining to acquire cameron gold project from chalice 
gold mines limited 
    * First mining finance corp says deemed value of transaction 
is approximately $13 million 
    * On completion chalice will hold approximately 8.1% of 
issued and outstanding shares of first mining 
    * Co agreed to buy cameron gold operations ltd in exchange 
for 32,260,836 common shares of first mining 
    * Chalice to retain 1% net smelter royalty over certain 
mining claims within cameron gold project 
    * Deemed value of transaction is approximately $13,000,000 
 
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