Mawson Receives Final Order for Arrangement with First Nordic Metals
Globenewswire·2025-12-08 22:12

Core Viewpoint - Mawson Finland Limited has received final court approval for its business combination with First Nordic Metals Corp, with the arrangement expected to close around December 16, 2025 [1][2][9] Group 1: Arrangement Details - The arrangement involves the exchange of all outstanding common shares of Mawson for 1.7884 common shares of First Nordic, following a 4:1 consolidation of First Nordic's shares [2] - Mawson will become a wholly-owned subsidiary of First Nordic upon completion of the arrangement [2] - Mawson's common shares are expected to be delisted from the TSX Venture Exchange, and the company will cease to be a reporting issuer in all applicable jurisdictions on the closing date [3] Group 2: Company Background - Mawson Finland Limited is focused on the acquisition and exploration of precious and base metal properties in Finland, primarily gold and cobalt [4] - The company holds a 100% interest in the Rajapalot Gold-Cobalt Project, which is part of the larger Rompas-Rajapalot Property [4]