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OTC Markets Group Welcomes First Nordic Metals Corp. to OTCQX
Globenewswire·2025-09-12 11:00

Company Overview - First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland, aiming to create Europe's next gold camp [4] - The company's flagship asset is the Barsele gold project in northern Sweden, which is a joint venture with Agnico Eagle Mines Limited [4] - First Nordic also owns additional project areas (Paubäcken, Storjuktan) surrounding the Barsele project, totaling approximately 80 km of strike coverage of the Gold Line greenstone belt [4] - In northern Finland, First Nordic holds a district-scale position covering the Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt [4] Market Transition - First Nordic Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - Trading under the symbol "FNMCF," the transition to OTCQX is expected to expand the company's U.S. investor base [2][4] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Strategic Importance - CEO Taj Singh emphasized that graduating to the OTCQX market is pivotal for expanding drilling efforts in northern Sweden and increasing visibility among U.S. investors [4] - The move is aimed at building a strong long-term shareholder base and delivering a steady cadence of catalysts to a broader audience [4]