First Nordic Metals Corp. announces that, in connection with its proposed acquisition of all the issued and outstanding common shares of Mawson Finland Limited by way of a plan of arrangement , the Company has agreed to to provide bridge financing to Mawson in the form of a loan of up to $1,000,000 to be advanced from time to time to Mawson in such principal amounts as agreed to by the parties . Advances under the Loan [...]
First Nordic Metals Corp. is pleased to announce the closing of its previously announced non-brokered private placement and its "best efforts" brokered private placement of subscription receipts raising aggregate gross proceeds of approximately C$80 million. Pursuant to the Non-Brokered Private Placement, First Nordic issued 178,947,368 subscription receipts at a price of C$0.38 per Non-Brokered Subscription Receipt , for [...]
First Nordic Metals announces that further to the Transaction and the C$30 million non-brokered private placement announced on Sept 15, 2025, it has: upsized the Concurrent Private Placement to raise gross proceeds of up to C$68 million; and entered into an agreement with Desjardins Capital Markets, on behalf of a syndicate of agents, with Desjardins acting as lead agent and sole bookrunner, in connection with a "best [...]
First Nordic Metals 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. Taj Singh, CEO of FNM, comments: "Graduating to the OTCQX market expands [...]
First Nordic Metals is pleased to provide an update with respect to its previously announced acquisition of the Nordic business unit of EMX Royalty, 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 as a result of the parties having a director in common and is therefore subject to acceptance [...]
First Nordic Metals announces the release of its unaudited consolidated financial statements and management discussion and analysis for the three-month period ended June 30, 2025. Q2 2025 Highlights: Announced positive base-of-till / top-of-bedrock drill results at the Nippas target, including assays of up to 2.66 g/t Au, and launched a 5,000 m Phase 1 diamond drill program targeting two priority corridors Expanded the [...]
First Nordic Metals is pleased to announce results to date from its 2025 diamond drill program at the Aida target, located within the Company's 100%-owned Paubäcken project. Key Highlights: Multiple strong gold intercepts returned, including: 1.94 g/t Au over 21.5 m , 5.45 g/t Au over 4.6 m, and 1.17 g/t Au over 17.5 m Gold-mineralized strike of Aida corridor extended from 0.5 km to over 2.1 km, remaining open in all [...]
First Nordic Metals 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. The Options vest 1/3 immediately and 1/3 annually [...]
First Nordic Metals is pleased to announce that it has closed its previously announced "best efforts" financing for aggregate gross proceeds of C$15,422,010, including the exercise in full of the option granted to the Agents. The Offering consisted of the issuance and sale of 41,681,110 units of the Company at a price per Unit of C$0.37 on a prospectus-exempt basis pursuant to the 'listed issuer financing exemption' under [...]
First Nordic Metals 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, with a proven track record of discovery, resource growth, and team leadership [...]
First Nordic Metals 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. Under the terms of the Upsized Offering, Haywood Securities, as co-lead agent and sole bookrunner, alongside Ventum Financial Corp. as co-lead agent, on its own behalf and on behalf of Ventum and a syndicate of agents [...]
First Nordic Metals is pleased to announce that it has entered into an agreement with Haywood Securities, as co-lead agent and sole bookrunner alongside Ventum Financial as co-lead agent, on its own behalf and on behalf of Ventum, and a syndicate of agents including Research Capital Corporation, Hannam & Partners, Red Cloud Securities, and Roth Canada, pursuant to which the Agents have agreed to sell, on a "best efforts [...]