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News  ›  Benzinga

First Nordic Provides Update on Arrangement with Mawson Finland and Announces Consolidation

Benzinga Logo Benzinga By Prnewswire
First Nordic Provides Update on Arrangement with Mawson Finland and Announces Consolidation

First Nordic Metals Corp announced the approval of its acquisition of Mawson Finland Limited through a statutory plan of arrangement, targeting closing on December 16, 2025. The company will also consolidate its common shares at a 4:1 ratio, effective December 10, 2025.

Insights
META   negative

Shares dropped more than 15% in past week after latest earnings report


AEM   neutral

Mentioned as a joint venture partner for the Barsele gold project, with no significant positive or negative implications in this article