First Nordic and Mawson Announce Merger to Create a Leading Nordic-Focused Gold Development and Exploration Company

TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- First Nordic Metals Corp. (TSX-V: FNM, FNSE: FNMC SDB, OTCQX: FNMCF, FRA: HEG0) (“First Nordic”) and Mawson Finland Limited (“Mawson”) (TSX-V: MFL, FRA: PM6) are pleased to announce that they have entered into a definitive arrangement agreement dated September 14, 2025 (the “Arrangement Agreement”) pursuant to which First Nordic has agreed to acquire all the issued and outstanding common shares of Mawson (the “Mawson Shares”) by way of a plan of arrangement (the “Transaction”, with First Nordic following completion of the Transaction referred to herein as “NordCo Gold”).