Is First Mining Gold Corp (OTCMKTS:FFMGF) Moving In The Right Direction Now?

In recent days, First Mining Gold Corp (OTCMKTS:FFMGF) has come into sharp focus among investors and for good reason too. Back on September 3 the company announced that is sent in its preliminary short form base shelf prospectus with the securities agencies in all the different provinces in Canada.

However, in addition to that, the company also announced that it filed a similar registration statement on Form F-10 at the United States Securities and Exchange Commission. The filing with the SEC was done under the provisions of the U.S./Canada Multijurisdictional Disclosure System. The filings are an important step for the company and one that has brought it into focus.

In this context, it should be noted that the company took these steps higher flexibility on the financial front in the future and such a possibility can always bring a company on to the radars of investors. Once the Preliminary Shelf Prospectus and the Registration Statements are finalised in the two nations, First Mining is going to have the right to make offerings of its common shares. Such moves are going to help the company in raising more cash. This week, the stock is expected to stay in focus among investors.

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