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First Nordic Provides Update on Arrangement with Mawson Finland and Announces Consolidation
First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FRA: HEG0) ("First Nordic" or the "Company") announces that Mawson Finland Limited...
About this update from Goldsky Resources Corp.
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":100,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, Dec. 4, 2025 /CNW/ - First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FRA: HEG0) ("First Nordic" or the "Company") announces that Mawson Finland Limited ("Mawson") has received approval from the Mawson shareholders of the special resolution approving the proposed acquisition by First Nordic of all of the issued and outstanding common shares of Mawson by way of a statutory plan of arrangement (the "Arrangement").","length":486,"tagName":"p"},{"type":"image","alt":"First Nordic Metals Logo (CNW Group/First Nordic Metals Corp.)","displaySize":"","headline":null,"caption":"First Nordic Metals Logo (CNW Group/First Nordic Metals Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/cnwgroup.com/90fdbb8ee2c54c5ec66e07746fa9a77c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_x8UJ2jgQU_FsPaZumNGSw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/90fdbb8ee2c54c5ec66e07746fa9a77c","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2839068/First_Nordic_Metals_Corp__First_Nordic_Provides_Update_on_Arrang.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Mawson will be seeking the final order of the Ontario Superior Court of Justice (Commercial List) in respect of the Arrangement on December 8, 2025, and if received, the parties are targeting closing the Arrangement on or about December 16, 2025. Please see the press release of Mawson dated December 4, 2025, for additional details.","length":333,"tagName":"p"},{"type":"text","content":"Consolidation","length":13,"tagName":"p"},{"type":"text","content":"In addition, First Nordic announces that, following approval by its board of directors and pursuant to the terms of the Arrangement, the Company will consolidate its issued and outstanding common shares ("Common Shares") at a ratio of four (4) pre‑consolidation Common Shares to one (1) post-consolidation Common Share, effective December 10, 2025 ("Consolidation"). The Common Shares will commence trading on the TSX Venture Exchan...