Mr. Patrick Donnelly of First Mining reports

SHAREHOLDER APPROVAL OF ARRANGEMENTS RECEIVED

Gold Canyon Resources Inc. and PC Gold Inc. received the overwhelming approval of their shareholders at their respective special meetings held on Nov. 6, 2015, to consider the acquisition of each of Gold Canyon and PC Gold by First Mining Finance Corp. by way of plans of arrangement under the Business Corporations Act (British Columbia) and the Business Corporations Act (Ontario), respectively.

Of the votes cast by Gold Canyon shareholders at the Gold Canyon meeting, 99.2 per cent were voted in favour of the special resolution approving the Gold Canyon arrangement (99.17 per cent after excluding the votes required to be excluded pursuant to Multilateral Instrument 61-101 -- protection of minority security holders in special transactions for the purposes of determining minority approval for the Gold Canyon arrangement). Of the votes cast by PC Gold shareholders at the PC Gold meeting, 99.77 per cent were voted in favour of the special resolution approving the PC Gold arrangement (no votes were required to be excluded pursuant to Multilateral Instrument 61-101 -- protection of minority security holders in special transactions for the purposes of determining minority approval for the PC Gold arrangement).

Each of Gold Canyon and PC Gold will be seeking final court approval of their respective arrangements on Nov. 10, 2015, and, subject to the satisfaction of certain customary closing conditions, the arrangements are anticipated to be completed on or about Nov. 13, 2015. Full details of the Gold Canyon arrangement and the PC Gold arrangement, and certain other matters, are set out in the respective management information circulars of Gold Canyon and PC Gold each dated Oct. 5, 2015. Copies of the information circulars and other meeting materials can be found on the SEDAR website.

Subject to the approval of the TSX Venture Exchange, First Mining also intends to issue an aggregate of 42,682 common shares in order to settle outstanding debt in the amount of approximately $17,000.

We seek Safe Harbor.