FIRST METALS INC.
55 University Avenue, Suite 1010
TORONTO ON M5J 2H7
Tel: 416-594-3223 Fax: 416-490-4218

News Release “FMA”-T
First Metals Acquires Land Package

June 23rd, Toronto, Ontario- First Metals Inc. (FMA-T) is pleased to announce that it has acquired a
100% interest in 17 claims, totaling 581 hectares, in Hebecourt Township, in the Rouyn-Noranda
Mining Division, Quebec, from an arm’s length third party (the “Vendor”).
Under the terms of the agreement, the Company paid the Vendor $25,000 on closing and agreed to
issue 50,000 FMA common shares upon regulatory approval of the transaction. In order to complete
the transaction, the Company must make a further cash payment of $25,000 within 6 months and
spend $150,000 and make further share issuances totaling 200,000 common shares in stages prior to
its third anniversary, failing which, the title to the property shall be reconveyed to the Vendor
The Vendor has retained a 2% Net Smelter Return (NSR) royalty on minerals and metals and a 2%
Gross Overriding Receipts (GOR) on all diamonds extracted from the claims. FMA has the right at
any time to purchase one percent (1%) of either royalty for $1,000,000 cash.
‘This property adjoins and complements our existing Fabie project and has a number of
interesting IP anomalies that fit with our regional model and are therefore attractive exploration
targets.” stated the Company’s C.E.O. Richard Williams.
Michel Plasse, Geo. and Chief Geologist for the Fabie and Magusi projects, is the Qualified Person
pursuant to NI 43-101 who has reviewed and approved the technical content of this release.
First Metals Inc. is a copper producer that is currently profitably producing from the Fabie bay Mine
while advancing the Magusi project that contains copper, zinc gold and silver. The Company is
listed on the Toronto Stock exchange and presently has approximately 42.8 million shares issued and
outstanding.
For further information, please contact Richard Williams, C.E.O. at tel:(416) 364-3123 or e-mail
rick. williams@firstmetalsinc.com
We seek safe harbour