TSX-V Trading Symbol: FMG
VANCOUVER, Dec. 17, 2012 /CNW/ - First Mexican Gold Corp. (the `Company`
or `FMG`) (TSX-V: FMG, Frankfurt: 21M) reports that it has agreed to
convert some debt to shares and has issued 1,428,571 common shares at
.07 cents with no warrant in lieu of $100,000.00 in debt.
Mr. Michel Roy has resigned as a director of First Mexican Gold to
concentrate fully on his Exploration/Milling consulting business based
in Torreon, Mexico. We thank Michel for his assistance throughout the
years and wish him continued success in the future.
First Mexican Gold Corp is an active explorer for precious metals in
On behalf of the Board of Directors,
President & CEO
First Mexican Gold Corp.
519 699 5352
We seek safe harbour.
This news release includes certain forward-looking statements or
information. All statements other than statements of historical fact
included in this release, including, without limitation, statements
relating to the potential mineralization and geological merits of the
Guadalupe property and other future plans, objectives or expectations
of the Company are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to
differ materially from the Company's plans or expectations include
risks relating to the actual results of current exploration activities,
fluctuating gold prices, possibility of equipment breakdowns and
delays, exploration cost overruns, availability of capital and
financing, general economic, market or business conditions, regulatory
changes, timeliness of government or regulatory approvals and other
risks detailed herein and from time to time in the filings made by the
Company with securities regulators. The Company expressly disclaims
any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise except as otherwise required by applicable securities
SOURCE: First Mexican Gold Corp.
For further information:
Vancouver Head Office
#1000, 355 Burrard Street Vancouver, B.C. V6C 2G8 Canada
Phone: 604 681 7265