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First Nordic Metals Announces Grant of Stock Options

Share Capital & Compensation

First Nordic Metals Announces Grant of Stock

Options

TORONTO

,

Aug. 8, 2025

/CNW/ -

First Nordic Metals Corp.

(the "

Company

") (TSXV: FNM)

(FNSE: FNMC SDB) (OTCQB: FNMCF) (FRA: HEG0) announces that it has granted an aggregate of

1,750,000 incentive stock options, as an initial grant to new members of the board and management

who joined in Q2 2025, to purchase up to 1,750,000 common shares in the capital of the Company.

The incentive stock options have an exercise price of

$0.40

per share and expire five years from the

date of grant. The Options vest 1/3 immediately and 1/3 annually thereafter.

ABOUT FIRST NORDIC METALS

First Nordic Metals Corp. is a Canadian-based gold exploration company, consolidating assets in

Sweden

and

Finland

, with a vision to create

Europe's

next gold camp. The Company's flagship asset

is the Barsele gold project in northern

Sweden

, a joint venture project with senior gold producer

Agnico Eagle Mines Limited. Immediately surrounding the Barsele project, FNM is 100%-owner of a

district-scale license position comprised of two additional projects (Paubäcken, Storjuktan), which

combined with Barsele, total approximately 80,000 hectares on the Gold Line greenstone belt.

Additionally, in northern

Finland

, FNM is the 100%-owner of a district scale position covering the entire

underexplored Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold

occurrence on this belt.

ON BEHALF OF THE BOARD OF DIRECTORS

Taj Singh

, M.Eng, P.Eng, CPA

CEO & Director

For further information contact:

Marie Macdonald

Investor Relations

604-687-8566

[email protected]

Follow First Nordic Metals:

Twitter:

@fnmetals

Youtube:

@firstnordicmetalscorp

LinkedIn:

@firstnordicmetals

Facebook:

@FirstNordicMetals

Instagram:

@firstnordicmetals

Neither

the

TSX

Venture

Exchange

nor

its

Regulation

Services

Provider

(as

that

term

is

defined

in

the

policies

of

the

TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy

of this news release

.

SOURCE

First Nordic Metals Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/August2025/08/c8639.html

%SEDAR: 00037711E

CO: First Nordic Metals Corp.

CNW 17:15e 08-AUG-25