First Mining Finance Announces 2017 AGM Results and Commencement of Trading on the TSX

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 22, 2017) - First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) ("First Mining" or the "Company") is pleased to announce the results of its annual general meeting of shareholders held on June 22, 2017.

A total of 185,745,929 common shares of First Mining were represented at the meeting, being 34.14% of the Company's issued and outstanding common shares. Our shareholders voted in favour of all matters brought before the meeting and the election of directors was approved by a majority vote of shareholders present in person or represented by proxy as follows:

Election of Directors

The Company also reports that the re-appointment of BDO Canada LLP as auditor for the Company and the confirmation of the Company's stock option plan were both approved by a majority vote of shareholders present in person or represented by proxy at the meeting.

In addition, the Company is pleased to announce that its common shares commenced trading on the Toronto Stock Exchange (the "TSX") as of market open today.

Keith Neumeyer, Chairman of First Mining, stated, "We are pleased with the shareholder participation we received at this year's AGM, and we are very excited about the Company's graduation to the TSX. Listing on the TSX, which is the stock exchange for Canada's largest publicly traded companies, is an important milestone for First Mining. As the TSX is one of the most recognized global trading platforms serving the senior equity markets, First Mining will benefit from enhanced visibility and increased access to international capital markets and a diverse investor base. While the TSX Venture Exchange has served us well, this graduation was the next natural step for First Mining."

ABOUT FIRST MINING FINANCE CORP.

First Mining is a mineral property holding company whose principal business activity is to acquire high quality mineral assets with a focus in the Americas. The Company currently holds a portfolio of 25 mineral assets in Canada, Mexico and the United States with a focus on gold. Ultimately, the goal is to continue to increase its portfolio of mineral assets through acquisitions that are expected to be comprised of gold, silver, copper, lead, zinc and nickel.

ON BEHALF OF FIRST MINING FINANCE CORP.

Keith Neumeyer, Chairman

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain "forward-looking information" and "forward-looking statements"(collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operating or financial performance of the Company, are forward-looking statements.

Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things: the anticipated benefits of obtaining a listing on the TSX. 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. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation; fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; and title to properties. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, First Mining does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.