TORONTO, Nov. 28, 2025 /CNW/ – First Nordic Metals Corp. (the “Company” or “FNM”) (TSXV: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 September 30, 2025 (“Q3 2025”).
Q3 2025 Highlights:
In July, the Company closed a fully oversubscribed “LIFE” financing for total gross proceeds of C$15.4 million.
In September, Company entered into a definitive agreement with Mawson Finland Limited (“Mawson”) pursuant to which the Company agreed to acquire all the issued and outstanding common shares of Mawson by way of a plan of arrangement.
Released first 14 assays from the Aida drill program, returning intercepts of 1.94 g/t Au over 21.5 m and 5.45 g/t Au over 4.6 m, expanding the mineralized footprint fourfold and identifying two new zones of gold mineralization.
Diamond drilling was completed on the Nippas zone for a total of 5,507m in 25 holes by the end of September.
Meffa soil sample collection was started on the Storjuktan 103 License area in mid-September.
At Paubäcken, 61 BoT holes were drilled at Kroktjärn, just north of the Brokojan target during August.
Base of Till (BoT) drilling and sampling occurred at the Dubblonbäcken (115 holes) target in northern most Storjuktan 101 license and then continued at the Bråna (41 holes) target in Storjuktan 109 license until the end of September.
230 rock chip samples and 118 …
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