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Re: None

Thursday, 03/11/2021 6:34:59 PM

Thursday, March 11, 2021 6:34:59 PM

Post# of 19246
As it states in the terms of agreement made with TML, FMG will receive 130 million shares in total from TML, 70 million of those shares get distributed to the shareholders and the remaining 60 million shares the Company will keep.

The Company will also receive 35 million TML warrants that will all be distributed to the shareholders. The exercise price of the TML shares was .50 prior to the 3-1 share consolidation TML did, so I think the exercise price now is 1.50 and I assume that's Canadian. I also assume the 3 year exercise price begins when the warrants are issued to us.

https://firstmininggold.com/news/releases/first-mining-signs-definitive-agreement-with-treasury-metals-to-combine-the-goldlund-and-goliath-gold-projects-in-ontario-canada

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