First Nordic Metals Completes Oversubscribed Private Placement for Nasdaq Listing

First Nordic Metals ( (TSE:FNM) ) has issued an announcement.

First Nordic Metals Corp. has successfully closed its oversubscribed private placement of Swedish depository receipts, raising SEK 10 million, as part of its strategy to list on the Nasdaq First North Growth Market in Sweden. The move aims to increase the number of SDR holders in Sweden and Finland, enhancing the company’s market presence in Europe and supporting its ambitious growth plans in the gold exploration sector.

More about First Nordic Metals

First Nordic Metals Corp. is a Canadian-based gold exploration company focusing on consolidating assets in Sweden and Finland. Its flagship asset is the Barsele gold project in northern Sweden, a joint venture with Agnico Eagle Mines Limited. The company also owns district-scale licenses in Sweden and Finland, covering significant greenstone belts.

YTD Price Performance: 26.32%

Average Trading Volume: 339,861

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$113.7M

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