First Nordic Receives 2025 TSX Venture 50 Award

Rhea-AI Summary

First Nordic Metals Corp. (TSXV: FNM) (OTCQB: FNMCF) has been named as a 2025 TSX Venture 50 company, ranking among the top 50 performers out of over 1,600 TSX Venture Exchange issuers. The recognition is based on three equally weighted performance indicators during 2024: market capitalization growth, share price appreciation, and trading volume growth.

CEO Taj Singh highlighted 2024 as a defining year for First Nordic's transformation into a leading gold explorer and developer. The company's growth strategy focused on strategic acquisitions and project advancements in Sweden and Finland, which are described as among the most attractive and underexplored regions for mineral exploration globally. The company reports being fully funded for an extensive drill program on multiple high-potential targets as it works to advance Europe's next gold camp.

Positive

• Achieved recognition as top 50 performer among 1,600+ TSX Venture Exchange companies
• Demonstrated strong performance across market cap, share price, and trading volume metrics
• Secured full funding for extensive drill program

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - First Nordic Metals Corp. (TSXV: FNM) (OTCQB: FNMCF) (FSE: HEG0) ("FNM" or the "Company")  is pleased to announce it has been named as a 2025 TSX Venture 50 company. The 2025 Venture 50 recognizes the top 50 of over 1,600 TSX Venture Exchange issuers. Company rankings are based on performance during 2024 across three key indicators, equally weighted: market capitalization growth, share price appreciation, and trading volume growth. More details can be found at the following link: www.tsx.com/venture50.

CEO Taj Singh comments: "2024 was a defining year for First Nordic as we laid the groundwork to become a leading gold explorer and developer. Receiving the TSX Venture 50 award is a testament to our team's execution on driving growth through strategic acquisitions and project advancements, as well as the support of key shareholders and industry partners. Sweden and Finland globally rank among the most attractive, underexplored and exciting regions for mineral exploration right now. With a strong resource base and a fully funded, extensive drill program on multiple high-potential targets, we are poised for an exciting 2025 as we continue to advance Europe's next gold camp."

About First Nordic Metals
First Nordic Metals Corp. (FNM) is a Canadian-based gold exploration company, consolidating assets in Sweden and Finland, with a vision to create Europe's next gold camp. The Company's flagship asset is the Barsele gold project in northern Sweden, a joint venture project with senior gold producer Agnico Eagle Mines Limited. Immediately surrounding the Barsele project, FNM is 100%-owner of a district-scale license position comprised of two additional projects (Paubäcken, Storjuktan), which, combined with the Barsele Project, total approximately 100,000 hectares on the Gold Line greenstone belt. Additionally, in northern Finland, FNM is the 100%-owner of a district-scale position covering the entire underexplored Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt.

On behalf of the Board of Directors,

Taj Singh, M.Eng, P.Eng, CPA
CEO & Board Director

For further information contact:
Alicia Ford, Director, Corporate Development, Phone: 604-687-8566, info@fnmetals.com

Follow First Nordic Metals:

Twitter: @fnmetals | YouTube: @firstnordicmetalscorp | LinkedIn: @firstnordicmetals
Facebook: @FirstNordicMetals | Instagram: @firstnordicmetals

Forward-Cautionary Note Regarding Forward-Looking Statements:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release contains forward-looking statements, including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and FNM undertakes no obligation to update such statements, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241608

FAQ

What achievement did First Nordic Metals (FNMCF) receive in 2025?

First Nordic Metals was named as a 2025 TSX Venture 50 company, ranking among the top 50 performers out of over 1,600 TSX Venture Exchange issuers.

What criteria were used to select FNMCF for the 2025 TSX Venture 50?

The selection was based on three equally weighted performance indicators during 2024: market capitalization growth, share price appreciation, and trading volume growth.

Where are FNMCF's main exploration projects located?

First Nordic's exploration projects are located in Sweden and Finland, which the company describes as among the most attractive and underexplored regions for mineral exploration globally.

What are First Nordic Metals' (FNMCF) exploration plans for 2025?

The company has secured full funding for an extensive drill program on multiple high-potential targets as it works to advance what it calls Europe's next gold camp.