Mawson Finland Highlights Closing of First Nordic's $80M Financing, Announces Date of Special Shareholder Meeting for Arrangement Approval, Announces Loan

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[{"type":"text","content":"Mawson Finland Highlights Closing of First Nordic’s $80M Financing, Announces Date of Special Shareholder Meeting for Arrangement Approval, Announces Loan\n\n\n\n VANCOUVER, British Columbia, Oct. 17, 2025 (GLOBE NEWSWIRE) --\n \n Mawson Finland Limited\n \n (“\n \n Mawson\n \n ” or the “\n \n Company\n \n ”) (TSX-V: MFL) is pleased to highlight the closing of First Nordic Metals Corp.’s (TSX-V: FNM, FNSE: FNMC SDB, OTCQX: FNMCF, FRA: HEG0) (“\n \n First Nordic\n \n ”) $80 million financing which was comprised of a concurrent brokered and non-brokered offering of subscription receipts of First Nordic (the “\n \n Subscription Receipts\n \n ”) at a price of $0.38 per Subscription Receipts. Please see First Nordic’s press release dated October 15, 2025 for further details.\n \n\n On September 14, 2025, First Nordic and Mawson entered into a definitive arrangement agreement (the “\n \n Arrangement Agreement\n \n ”) pursuant to which First Nordic agreed to acquire all the issued and outstanding common shares of Mawson by way of a plan of arrangement (the “\n \n Transaction\n \n ”, with First Nordic following completion of the Transaction referred to herein as “\n \n NordCo Gold\n \n ”). Refer to the press release of First Nordic and Mawson dated September 15, 2025 for further details on the Transaction. Each Subscription Receipt entitles the holders thereof to receive, for no additional consideration and without further action on part of the holder thereof, at the effective time of the Transaction, one (1) common share of NordCo Gold (to be adjusted to reflect a 4:1 consolidation to be completed by First Nordic prior to completion of the Transaction).\n \n\n Noora Ahola, President and Chief Executive Officer of the Company, stated, “\n \n We are pleased that NordCo Gold will be well-capitalized following the closing of the Transaction with sufficient resources to advance First Nordic’s Barsele project and Mawson’s Rajapalot project.\n \n ”\n \n\n Mawson announces that its upcoming special meeting of shareholders (the “\n \n Special Meeting\n \n ”) to vote on the Transaction has been scheduled for December 4, 2025. Mawson’s management information circular with respect t...

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