First Nordic Metals Announces C$10 Million “Best Efforts” LIFE Offering of Units

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TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- 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 entered into an agreement with Haywood Securities Inc. (“Haywood”), as co-lead agent and sole bookrunner alongside Ventum Financial Corp. (“Ventum”) as co-lead agent, on its own behalf and on behalf of Ventum, and a syndicate of agents including Research Capital Corporation, Hannam & Partners LLP, Red Cloud Securities Inc., and Roth Canada, Inc. (together with Haywood and Ventum, the “Agents”), pursuant to which the Agents have agreed to sell, on a "best efforts" private placement basis, up to 27,027,027 units of the Company (the “Units”) at a price per Unit of C$0.37 (the “Issue Price”) for aggregate gross proceeds to the Company of up to C$10,000,000 (the “Offering”), to be issued and sold on a prospectus-exempt basis pursuant to the ‘listed issuer financing exemption’ under applicable Canadian securities laws, and subject to all necessary regulatory and stock exchange approvals. The minimum amount of the Offering is C$5,000,000.

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