First Nordic Upgraded to OTCQX Market

Rhea-AI Summary

First Nordic Metals (OTCQX: FNMCF) has announced its upgrade from the OTCQB Venture Market to the OTCQX Best Market, marking a significant milestone in the company's market presence. The company will trade under the symbol "FNMCF" on the OTCQX market.

CEO Taj Singh highlighted that this upgrade comes at a crucial time as the company expands its drilling operations in northern Sweden. The move to OTCQX is expected to increase U.S. visibility and help build a stronger long-term shareholder base. The OTCQX Market is specifically designed for established companies meeting high financial standards and corporate governance requirements.

Positive

• Upgrade to OTCQX Best Market from OTCQB Venture Market indicates company growth and maturity
• Enhanced visibility to U.S. investors through OTCQX platform
• Expansion of drilling operations across northern Sweden showing operational growth

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - September 12, 2025) - First Nordic Metals Corp. (OTCQX: FNMCF) (TSXV: FNM) (FNSE: FNMC SDB) (FSE: HEG0) (the "Company" or "First Nordic") is pleased to announce today that the Company has qualified to trade on the OTCQX® Best Market. The Company has upgraded to the OTCQX from the OTCQB® Venture Market.

First Nordic will begin trading today under the symbol "FNMCF." U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Taj Singh, CEO of FNM, comments: "Graduating to the OTCQX market expands our U.S. investor base at a pivotal time for First Nordic. As we expand our drilling efforts across northern Sweden and advance our district-scale platform, increased U.S. visibility supports our effort to build a strong long-term shareholder base and deliver a steady cadence of catalysts to a broader audience."

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

ABOUT FIRST NORDIC METALS

First Nordic Metals Corp. 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 Barsele, total approximately 80,000 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 & Director

For further information contact:
Marie Macdonald
Investor Relations
604-687-8566
info@fnmetals.com

Follow First Nordic Metals:
Twitter: @fnmetals
Youtube: @firstnordicmetalscorp
LinkedIn: @firstnordicmetals
Facebook: @FirstNordicMetals
Instagram: @firstnordicmetals

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 news release.

Forward-Looking Statements

This news release contains forward-looking statements that reflect the Company's intentions, beliefs, or current expectations about and targets for the Company's and the group's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company and the group operates and includes, statements with respect to (i) the NBU Acquisition, (ii) issuance of Shares thereunder, and (iii) receipt of TSXV approval of the NBU Acquisition. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "intend", "may", "plan", "estimate", "will", "should", "could", "aim" or "might", or, in each case, their negative, or similar expressions. The forward-looking statements in this news release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that they will materialize or that the assumptions on which it is based are correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies, and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this news release are free from errors and readers of this news release should not place undue reliance on the forward-looking statements in this news release. The information, opinions and forward-looking statements that are expressly or implicitly contained herein speak only as of the date of this news release and are subject to change without notice. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this news release, unless it is required by law or Nasdaq First North Growth Market Rulebook for Issuers of Shares.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266132

FAQ

What does First Nordic's upgrade to OTCQX mean for investors?

The upgrade to OTCQX provides increased visibility to U.S. investors, better access to real-time quotes, and indicates the company meets higher financial standards and corporate governance requirements.

When did First Nordic (FNMCF) begin trading on the OTCQX Market?

First Nordic began trading on the OTCQX Market on September 12, 2025, upgrading from the OTCQB Venture Market.

What are First Nordic's current trading symbols across different exchanges?

First Nordic trades under the symbols FNMCF (OTCQX), FNM (TSXV), FNMC SDB (FNSE), and HEG0 (FSE).

What are First Nordic's current operations and growth plans?

First Nordic is expanding its drilling operations across northern Sweden and advancing its district-scale platform, with plans to deliver a steady stream of catalysts to investors.

Where can investors find First Nordic's financial information and real-time quotes?

Investors can access First Nordic's financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com.