FIRST NORDIC METALS MERGER WITH MAWSON FINLAND LIMITED
First Nordic Metals announced a definitive arrangement to acquire all the issued and outstanding common shares of Mawson Limited and will form a new company “NordCo”.
The Transaction will consolidate a large and prospective gold development and exploration portfolio in Sweden and Finland and two development stage projects with combined M&II resources of more than 2.4m oz AuEq.
BOTTOM LINE
We like this merger from both a valuation and strategic perspective and believe it benefits First Nordic Shareholders for a few reasons.
First Nordic and Mawson Announce Merger to Create a Leading Nordic-Focused Gold Development and Exploration Company
TORONTO, Canada, September 15, 2025 — First Nordic Metals Corp. (TSX-V: FNM, FNSE: FNMC SDB, OTCQX: FNMCF, FRA: HEG0) (“First Nordic”) and Mawson Finland Limited (“Mawson”) (TSX-V: MFL, FRA: PM6) are pleased to announce that they have entered into a definitive arrangement agreement dated September 14, 2025 (the “Arrangement Agreement”) pursuant to which First Nordic has agreed to acquire all the issued and outstanding common shares of Mawson (the “Mawson Shares”) by way of a plan of arrangement (the “Transaction”,
First Nordic Upgraded to OTCQX Market
Toronto, ON – September 12, 2025 – First Nordic Metals Corp. (the “Company” or “First Nordic”) (OTCQX: FNMCF, TSX.V: FNM, FNSE: FNMC SDB, FRA: HEG0) is pleased to announce today that the Company has qualified to trade on the OTCQX® Best Market. The Company has upgraded to the OTCQX from the OTCQB® Venture Market.
First Nordic will begin trading today under the symbol “FNMCF.” U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
First Nordic Provides Update on Acquisition of EMX’s Nordic Business Unit
Toronto, ON, September 10, 2025 – First Nordic Metals Corp. (“First Nordic” or the “Company”) (TSX.V: FNM, FNSE: FNMC SDB, OTCQB: FNMCF, FRA: HEG0) is pleased to provide an update with respect to its previously announced acquisition of the Nordic business unit (“NBU Acquisition”) of EMX Royalty Corporation (“EMX”), a long-standing technical partner on several of First Nordic’s key assets.
The NBU Acquisition is a non-arm’s length transaction pursuant to the policies of the TSX Venture Exchange (“TSXV”) as a result of the parties having a director in common and is therefore subject to acceptance of the TSXV.
First Nordic Metals Files Q2 2025 Financials
Toronto, ON – August 29, 2025 – First Nordic Metals Corp. (the “Company” or “FNM”) (TSX.V: FNM, FNSE: FNMC SDB, OTCQB: FNMCF, FRA: HEG0) announces the release of its unaudited consolidated financial statements and management discussion and analysis (the “Unaudited Financial Statements”) for the three-month period ended June 30, 2025 (“Q2 2025”).
Q2 2025 Highlights:
● Announced positive base-of-till / top-of-bedrock (“BoT/ToB”) drill results at the Nippas target,
First Nordic Drills 1.94 g/t Au over 21.5 m and 5.45 g/t Au over 4.6 m at Aida and Extends Gold Mineralization to over 2 km
Toronto, ON – August 21 , 2025 – First Nordic Metals Corp. (the “Company” or “FNM”) (TSX.V: FNM, FNSE: FNMC SDB, OTCQB: FNMCF, FRA: HEG0) is pleased to announce results to date (14 of 39 holes) from its 2025 diamond drill program at the Aida target (“Aida”), located within the Company’s 100%-owned Paubäcken project (“Paubäcken” or the “Project”), in Västerbotten County, northern Sweden.
Key Highlights:
Multiple strong gold intercepts returned,First Nordic Metals Announces Grant of Stock Options
Toronto, ON, August 8, 2025 – First Nordic Metals Corp. (the “Company”) (TSX.V:FNM, FNSE: FNMC SDB, OTCQB:FNMCF, FRA:HEG0) announces that it has granted an aggregate of 1,750,000 incentive stock options, as an initial grant to new members of the board and management who joined in Q2 2025, to purchase up to 1,750,000 common shares in the capital of the Company. The incentive stock options have an exercise price of $0.40 per share and expire five years from the date of grant.
First Nordic Metals Closes Oversubscribed C$15.4 Million LIFE Offering of Units
Toronto, ON, July 31, 2025 – First Nordic Metals Corp. (the “Company”) (TSX.V:FNM, FNSE: FNMC SDB, OTCQB:FNMCF, FRA:HEG0) is pleased to announce that it has closed its previously announced “best efforts” financing (the “Offering”) for aggregate gross proceeds of C$15,422,010, including the exercise in full of the option granted to the Agents (as defined below) (as more particularly described in the news release of the Company dated July 10,
First Nordic Metals Strengthens Exploration Team with Appointment of Gernot Wober as VP Exploration
Toronto, ON, July 22, 2025 – First Nordic Metals Corp. (“First Nordic” or the “Company”) (TSX.V: FNM, FNSE: FNMC SDB, OTCQB: FNMCF, FRA: HEG0) is pleased to announce the appointment of Mr. Gernot Wober, P.Geo, as Vice President, Exploration.
Mr. Wober is a highly accomplished geologist with 35 years of international experience in mineral exploration and project development. He brings deep technical expertise in orogenic gold systems and greenstone-hosted deposits,
First Nordic Metals Upsizes “Best Efforts” LIFE Offering of Units to C$13.4 Million
Toronto, ON, July 10, 2025 – First Nordic Metals Corp. (the “Company” or “First Nordic”) (TSX.V:FNM, FNSE: FNMC SDB, OTCQB:FNMCF, FRA:HEG0) is pleased to announce that it has amended the terms of its previously announced “best efforts” financing to increase the size of the offering from C$10 million to up to C$13.4 million (the “Upsized Offering”).
Under the terms of the Upsized Offering,
