Mr. William Slipp reports

FIRST MOUNTAIN EXPLORATION INC. PROPOSES PRIVATE PLACEMENT AND FILES Q2 2014 FINANCIAL RESULTS

First Mountain Exploration Inc. has finalized the terms and conditions of a non-brokered equity private placement. The offering will consist of the issuance of up to 13 million common shares of the corporation at a price of six cents per common share and for aggregate gross proceeds of up to $780,000.

The net proceeds of the offering shall be primarily used for the company's general corporate purposes.

Closing of the offering is expected to occur on or about Sept. 26, 2014, and is subject to certain conditions, including, but not limited to, necessary regulatory approvals, including the approval of the TSX Venture Exchange.

On Aug. 26, 2014, First Mountain filed on SEDAR its condensed interim financial statements and related management's discussion and analysis for the three and six months ended June 30, 2014. The condensed interim financial statements and MD&A are available for review at SEDAR.

We seek Safe Harbor.