First Mexican Grants Options

TSX-V Trading Symbol: FMG

VANCOUVER, Aug. 14, 2014 /CNW/ - First  Mexican  Gold  Corp.  (the  "Company"  or "FMG")  (TSX-V: FMG), announces that an aggregate of 2,200,000 incentive stock options have been granted to directors,  officers  and consultants  of the Company  at an exercise  price of $0.06  per option share for a period of five (5) years from the date of the option grant, subject to the terms of the Company's stock option plan.

We encourage our investors and shareholders  to re-read our press release issued July 17th 2014.  Advancing the Guadalupe property to production remains our main focus.

First Mexican Gold Corp is an active explorer for precious metals in Mexico and holds a 100% interest in the Guadalupe property package with the intention of becoming an active producer. The Company holds extensive exploration rights in this high potential exploration area that is now attracting attention from major mining companies.

On behalf of the Board of Directors,

Jim Voisin
President and CEO
First Mexican Gold Corp.
519 699 5352

Vancouver Head Office
#1000, 355 Burrard Street Vancouver, B.C. V6C 2G8 Canada
Phone:  [phone]
Website: www.fmgoldcorp.com

We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

Jim Voisin, President and CEO, First Mexican Gold Corp., 519 699 5352