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 Mexico.
On behalf of the Board of Directors,
Jim Voisin
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
legislation.
SOURCE First Mexican Gold Corp.