First Mining Completes Acquisition Of Goldrush Resources Ltd.

Press Release

VANCOUVER, BC, CANADA – First Mining Finance Corp. (“First Mining”) and Goldrush Resources Ltd. (“Goldrush”) are pleased to announce the successful completion of the previously announced business combination, pursuant to which First Mining has acquired all the issued and outstanding shares of Goldrush by way of a court approved plan of arrangement (the “Arrangement”).

Keith Neumeyer, Chairman of First Mining stated, “With the completion of this transaction, First Mining Finance has now closed four acquisitions in less than 10 months of becoming publicly traded. We plan to continue to aggressively build our mineral bank to create one of the largest portfolios of development and exploration projects in the Western Hemisphere. I am delighted to welcome shareholders of Goldrush to our exciting and rapidly growing company.”

Under the terms of the Arrangement, each Goldrush shareholder is entitled to receive 0.0714 First Mining common shares for each common share of Goldrush.

Registered shareholders of Goldrush will receive shares of First Mining to which they are entitled upon delivery to Computershare Trust Company of Canada (“Computershare”) of their respective share certificates and completed letters of transmittal together with other required documents. Shareholders are encouraged to contact Computershare at 1-800-564-6253 or corporateactions@computershare.com for further information concerning the exchange process. The vast majority of shareholders of Goldrush are non-registered shareholders. Non-registered shareholders do not need to deposit share certificates or letters of transmittal.

Following completion of the Arrangement, Goldrush’s shares will be de-listed from the TSXV in the coming days, and it is anticipated that First Mining will apply to cause Goldrush to cease being a reporting issuer under applicable Canadian securities laws.

ABOUT FIRST MINING FINANCE CORP.

First Mining is a mineral property holding company whose principal business activity is to acquire high quality mineral assets with a focus in the Americas. The Company currently holds a portfolio of 21 mineral assets in Canada, Mexico and the United States with a focus on gold. Ultimately, the goal is to continue to increase its portfolio of mineral assets through acquisitions that are expected to be comprised of gold, silver, copper, lead, zinc and nickel properties.

For further information, contact Patrick Donnelly, President at 604-639-8854, or Derek Iwanaka, Vice President, Investor Relations at 604-639-8824 or at info@firstminingfinance.com. Alternatively, please visit our website at www.firstminingfinance.com.

ABOUT GOLDRUSH RESOURCES LTD.:

Goldrush is a Canadian mineral exploration company focused on gold exploration, with a treasury of approximately CAD$3,400,000, royalty interests on two gold projects in Burkina Faso, West Africa and receivables valued at up to US$750,000.

ON BEHALF OF THE BOARD OF
FIRST MINING FINANCE CORP.

“Keith Neumeyer”

Keith Neumeyer
Chairman

ON BEHALF OF THE BOARD OF
GOLDRUSH RESOURCES LTD.

“Len Brownlie”

Len Brownlie
President & CEO

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