The latest update is out from First Nordic Metals ( (TSE:FNM) ).
First Nordic Metals Corp. announced significant changes in its Board of Directors and management, with the retirement of Gary Cope and Ross Wilmot, and the appointment of Rakesh Malhotra as the new CFO. These changes are part of the company’s strategic efforts to strengthen its leadership team as it continues to advance its gold exploration projects in Sweden and Finland. Additionally, the company received exemptive relief from Canadian securities regulators, allowing it to maintain its status as a ‘venture issuer’ despite its listing on Sweden’s Nasdaq First North Growth Market. This decision facilitates the company’s compliance with Canadian securities laws while expanding its market presence in Europe.
More about First Nordic Metals
First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland, aiming to create Europe’s next major gold camp. The company’s flagship asset is the Barsele gold project in northern Sweden, a joint venture with Agnico Eagle Mines Limited. FNM also owns two additional project areas, Paubäcken and Storjuktan, which together with Barsele, cover approximately 100 km of the Gold Line greenstone belt.
YTD Price Performance: 12.80%
Average Trading Volume: 304,161
Technical Sentiment Signal: Sell
Current Market Cap: C$115.3M
Learn more about FNM stock on TipRanks’ Stock Analysis page.
