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First Mining Announces Appointment of New Chief Financial Officer

Press Release

August 11, 2022 – Vancouver, BC – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce the appointment of Lisa M. Peterson as the Company’s Chief Financial Officer effective September 16, 2022.

Lisa has over 14 years’ experience within the mining, renewable energy, infrastructure, and professional services industries. Her most recent positions include serving as Chief Financial Officer of Libero Copper & Gold Corporation and Zacapa Resources Corporation. Lisa previously held the role of Vice-President of Corporate Reporting & Global Accounting at SkyPower Global, a large-scale, international, renewable energy developer, and provider. Prior to joining SkyPower Global, Lisa served 3 years at Barrick Gold Corporation as Chief of Staff Capital Projects and Chief of Staff of the Frontera District within their technical services, project development, and life of mine planning group. In these roles, she helped advance large-scale projects, liaised with stakeholders and joint venture partners, and performed value assurance reviews on the companies’ operating and expansion assets. Prior to joining Barrick, Lisa spent 5 years working at KGHM leading their international Corporate Reporting group. Lisa started her career at KPMG. She is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Business Administration degree from Simon Fraser University.

Lisa will replace Andy Marshall, who will be leaving his role at First Mining, effective August 12, 2022, having notified the Company that he will be pursuing another opportunity in the mining industry.

“We would like to thank Andy for his service and dedication to First Mining. As the Company’s longest standing employee, he has been a key part of the development of First Mining since 2015, and we wish Andy well in his future endeavours” stated Dan Wilton, CEO of First Mining. “We are very pleased to have Lisa join the First Mining team. Her background in mining and project development makes her a great fit with our focus on advancing Springpole and Duparquet gold projects. We know Lisa will be a great contributor to unlocking the value of our portfolio of world class gold assets”.

About First Mining Gold Corp.

First Mining is a gold developer advancing a portfolio of gold projects in Canada, with our most advanced project being the Springpole Gold Project in northwestern Ontario, which is one of the largest undeveloped gold projects in Canada, and where we have commenced a Feasibility Study and permitting activities are on-going with a draft Environmental Impact Statement (“EIS”) for the project submitted in June 2022. First Mining also owns the Cameron, Duparquet, Duquesne and Pitt gold projects, all advanced-stage gold projects in Ontario (in the case of Cameron) and Québec. Our portfolio of gold project interests also includes the Pickle Crow gold project (being advanced in partnership with Auteco Minerals Ltd.), the Hope Brook gold project (being advanced in partnership with Big Ridge Gold Corp.), an equity interest in Treasury Metals Inc., and a portfolio of 21 gold royalties.

First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.

ON BEHALF OF FIRST MINING GOLD CORP.

Daniel W. Wilton
Chief Executive Officer and Director

For further information, please contact:

Investor Relations | Toll Free: 1 844 306 8827 | Email: [email protected]
www.firstmininggold.com

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