PR Newswire
TORONTO, March 31, 2025 /PRNewswire/ -- First Nordic Metals Corp. (the "Company" or "First Nordic") (TSXV: FNM) (Stockholm: FNMC SDB) OTCQB: FNMCF) (Germany: HEG0) is pleased to announce the exercise of warrants and stock options in Q4 2024 totalling C$0.39 million) and in Q1-2025 totalling C$1.22 million, resulting in aggregate gross proceeds of C$1.61 million to the Company.
Taj Singh, First Nordic CEO comments: "First Nordic has continued to steadily deliver on its business plan; supportive shareholders have recognized this by exercising their warrants and options and increasing their exposure to First Nordic. Inclusive of the C$1.4M raised on our recent Nasdaq First North listing, over $3 million has been raised by the Company over the past few months following our Q4 2024 bought deal financing. We remain well-funded to advance our extensive and ongoing drill programs on the Gold Line belt in northern Sweden and are hopeful for significant technical advances this year."
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