There was two different financings in the PP. This is from the Dec.31 press release.
Concurrent with the closing of the Transaction, the Company completed two concurrent financings through its agent, Canaccord. The first was a brokered private placement of 1,860,000 units (the "Offered Units") at a price of $0.35 per Offered Unit for gross proceeds of $651,000 and the second was an offering by way of short form offering document of 4,300,000 units (the "SFOD Units") at a price of $0.35 per SFOD Unit for gross proceeds of $1,505,000. Each Offered Unit was comprised of one post-consolidation common share (a "Share") and one warrant (a "Warrant"). Each SFOD Unit was comprised of one Share and one-half of one Warrant. Each Warrant is exercisable into a Share at a price of $0.50 per share until 4:30 p.m. (Pacific time) on December 29, 2012. The securities comprising the Offered Units are subject to a hold period expiring April 30, 2011. The proceeds from the financings will be used to fund exploration work and drilling activities contemplated on the Hilda 30 Property, option costs and for general working capital.
http://agoracom.com/ir/FirstMexicanGold/press_releases