First Metals Inc. is a junior mining exploration and development company engaged in the acquisition, exploration and development of mineral resource properties in Canada. The Company has identified the Fabie Bay Mine and the Magusi River Deposit as its segments. On January 9, 2009, mining of Fabie Bay was ceased. On May 19, 2008, the Company entered into an agreement to purchase a 100% interest in 17 mineral claims, totaling 581 hectares, in Hebecourt Township, adjacent to the Fabie Mine. On June 18, 2009, the Company announced that its previously announced proposal under the Bankruptcy and Insolvency Act has been approved by the Ontario Superior Court of Justice.