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First Nordic Grants Annual Incentive Stock Options

Share Capital & Compensation

NEWS RELEASE

First Nordic Grants Annual Incentive Stock Options

January 8, 2025, Vancouver, BC – First Nordic Metals Corp. (the “Company” or “FNM”) (TSX.V:FNM, OTCQB:FNMCF, FRA: HEG0) announces that it has granted an aggregate of 4,650,000 incentive stock options to directors, officers, and consultants to purchase up to 4,650,000 common shares in the capital of the Company. The incentive stock options have an exercise price of $0.39 per share, expire five years from the date of grant, and vest on the date of the grant.

ABOUT FIRST NORDIC METALS

The Company's flagship asset is the Barsele gold project, located in northern Sweden and in a joint venture with senior gold producer Agnico Eagle Mines Limited. Immediately surrounding the Barsele project, FNM is the 100%-owner of a district-scale license position of close to 100,000 hectares on Gold Line Belt. Additionally, in northern Finland FNM is the 100%-owner of a district-scale position covering the entire 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 Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.