Vancouver, BC, Canada – September 30, 2024 – First Nordic Metals Corp. (the “Company” or “FNM”) (TSX.V: FNM, OTCQB: FNMCF, Germany: HEG0) is pleased to announce the appointment of Mr. Jeffrey Couch to its Board of Directors.
Mr. Couch is a seasoned capital markets executive with extensive experience in the natural resources sector, having advised and raised capital for clients globally, with a particular focus on emerging markets. Currently, Couch works with a mining-focused global private equity (PE) firm with several billion dollars of assets under management; he is currently acting CEO of both Lydian Mining, an Armenian gold developer, and Alufer Mining, a Guinean bauxite producer, both portfolio companies of the PE firm.
Mr. Couch has also worked with several financial services firms in Europe. He was Head of Investment Banking, Europe for BMO Capital Markets (Bank of Montreal) for a decade, and has also had senior investment banking roles with Credit Suisse Europe and Citigroup (Salomon Brothers). Mr. Couch has extensive public board experience on both the Toronto Stock Exchange and the London Stock Exchange, and he holds both an undergraduate business degree from the University of Western Ontario Business School and a law degree from Osgoode Hall Law School.
FNM President and CEO Taj Singh commented, “We are very pleased to have Jeff join the FNM board. Jeff has an impressive profile, with significant public market experience in the natural resources sector and deep capital markets roots. Having been based in London for over two decades, he is highly networked throughout Europe. In addition to the important strategic insight he will provide, his addition will substantially increase our exposure as we continue our progression towards becoming a premier Nordics-focused precious metals explorer / developer.”
The Company has granted 1,000,000 stock options exercisable at $0.36 per share for a period of five years to certain directors and officers of the Company.
ABOUT FIRST NORDIC METALS
The Company’s flagship asset is the Barsele gold project, located in Sweden and in a joint venture with senior gold producer Agnico Eagle Mines Limited. Ownership in the Barsele gold project is currently 55% Agnico Eagle and 45% FNM (Agnico Eagle has the right to earn an additional 15% by completing a pre-feasibility study). Immediately surrounding the Barsele project, FNM is the 100%-owner of a district-scale license position of close to 100,000 hectares on both the prolific Gold Line and Skelleftea VMS belts. Additionally, in northern Finland FNM holds the entire underexplored Oijärvi Greenstone Belt.
ON BEHALF OF THE BOARD OF DIRECTORS
Taj Singh, M.Eng, P.Eng, CPA
President & CEO, Director
For further information contact:
Alicia Ford
Business Development Manager
Phone: 604-687-8566
Email: [email protected]
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