First Nordic Announces C$10 Million “Bought Deal” Private Placement of Units

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VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- First Nordic Metals Corp. (the “Company” or “FNM”) (TSX.V: FNM, OTCQB: FNMCF, Germany: HEG0) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters including Ventum Financial Corp. (together with Haywood, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis 30,304,000 units (the “Offered Units”) of the Company at a price of C$0.33 per Offered Unit (the “Issue Price”) for aggregate gross proceeds to the Company of C$10,000,320 (the “Offering”).

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