First Nordic Provides Corporate Update

Core Points - First Nordic Metals Corp. is acquiring Mawson Finland Limited through a plan of arrangement and is providing bridge financing of up to $1,000,000 to Mawson for transaction-related costs and working capital [1][2] - The loan accrues interest at 8% per annum and is due on January 30, 2026, if the transaction does not close by then, with an expected closing in mid-December 2025 [2] - The company will issue C$1.0 million in common shares to Taj Singh as part of his retirement package, with shares priced at C$0.38 each, subject to TSXV approval [3] Company Overview - First Nordic Metals Corp. is a Canadian gold exploration company focused on consolidating assets in Sweden and Finland, aiming to establish a significant gold camp in Europe [4] - The flagship asset is the Barsele gold project in northern Sweden, in joint venture with Agnico Eagle Mines Limited, alongside additional projects totaling approximately 80,000 hectares [4] - The company also holds a district-scale position in northern Finland covering the Oijärvi greenstone belt, which includes the Kylmäkangas deposit, the largest known gold occurrence in that area [4]