First Nordic Strengthens Team and Launches New Online Presence To Reflect Growing Portfolio
First Nordic Strengthens Team and Launches
New Online Presence To Reflect Growing
Portfolio
VANCOUVER, BC
,
May 13, 2024
/CNW/ -
First Nordic Metals Corp.
(the
"Company"
or
"First
Nordic"
) (TSXV: FNM) (OTCQB: FNMCF) (FRA: HEG0) is pleased to announce the appointment of
new additions to its team as well as the launch of its new website and social channels following the
merger of Gold Line Resources Ltd. ("Gold Line") and Barsele Minerals Corp. ("Barsele") in Q1
2024.
Board and Management Additions
Marc Legault
Mr.
Marc Legault
was recently appointed as Director of the Board. Marc is a geologist and was also
a licensed professional engineer with over 40 years experience in the gold and base metals industry
including 34 years working with Agnico Eagle Mines Limited ("Agnico"), where he held various
exploration, operations, and management positions until he retired from Agnico in 2022 as a Senior
Vice President. He spent time working on the Barsele project as well as the Oijarvi project, both of
which are now First Nordic projects. His technical knowledge and experience with Agnico will be
instrumental for First Nordic as it advances its flagship Barsele Project in
Sweden
in joint venture
with Agnico.
Johannes Holzäpfel
Mr.
Holzäpfel
was appointed Regional Director of First Nordic. He is based in
Stockholm, Sweden
and currently serves as Exploration Manager of
Europe
for
EMX
Royalty Corp., where he has been
for 7 years. Johannes was part of the original team that staked the Gold Line belt in 2016-17. He
was an important part of the launch of Gold Line in 2021 and has tremendous experience in
navigating tenure, community, and environmental processes in
Sweden
. He is a geologist and has
close to 15 years of experience in the mineral exploration industry. During his career, Mr.
Holzäpfel
worked for
Boliden
AB also in
Sweden
, and
Ivanhoe
Mines Ltd. in
Africa
and
Mongolia
. Johannes
graduated with a Master's degree in Economic Geology from the
Eberhard Karls Universität
Tübingen
,
Germany
.
Taj Singh
, President and CEO of First Nordic comments:
"We are very excited to be building out our
First Nordic team. The addition of
Marc Legault
adds significant technical bench strength specific
to our key assets and helps us build on our partnership with Agnico. The addition of Johannes
Holzäpfel
bolsters our operational efficiency in
Sweden
and increases our in-country presence.
Our presence in
Sweden
is a key part of our strategy moving forward; in line with this, our aim is
an eventual listing of First Nordic shares on
Stockholm's
Nasdaq First North Growth Market Listing
in 2024."
Launch of New Website & Social Channels
In late February, the Company announced the successful completion of the merger transaction
pursuant to which First Nordic (formerly Barsele) acquired all the issued and outstanding common
shares of Gold Line. In mid-March, the Company announced its name change from "Barsele
Minerals Corp." to "First Nordic Metals Corp." with the TSX-V trading symbol "FNM" and the
OTCQB trading symbol "FNMCF". Trading in the common shares of the Company under the new
name and symbol on both exchanges commenced at market open on
March 20, 2024
. The
Company officially launched
www.fnmetals.com
and new First Nordic social channels to reflect its
new name and expanded presence in Scandanavia (links to these are found at the end of this
release below).
About First Nordic Metals
First Nordic's flagship is the Barsele gold project, located in
Sweden
and in a joint venture with
senior gold producer Agnico Eagle Mines Ltd. The Barsele project currently hosts a combined open
pit and underground NI 43-101 Indicated Resource of 324,000 ounces gold and an Inferred resource
of 2,086,000 ounces gold (2020, Technical Report and Mineral Resource Estimate for the Barsele
Property, InnovExplo). Immediately surrounding the Barsele project, First Nordic is the 100%-owner
of a district-scale license position of close to 100,000 hectares on both the prolific Gold Line and
Skellefte VMS belts. Additionally, in northern Finland First Nordic holds the entire underexplored
Oijärvi Greenstone Belt.
Art Freeze
, P.Geo. and
Benjamin Gelber
, P. Geo., are Qualified Persons as defined in NI 43-101
and take responsibility for the technical disclosure contained within this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Taj Singh
, M.Eng, P.Eng, CPA
President & CEO, Director
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
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note Regarding Forward-Looking Statements:
This News Release contains forward-looking statements, including but not limited to comments
regarding the timing and content of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such statements and First Nordic undertakes
no obligation to update such statements, except as required by law.
SOURCE
First Nordic Metals Corp.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/May2024/13/c8478.html
%SEDAR: 00037711E
For further information:
Alicia Ford, Business Development Manager, Phone: 403-604-9646,
Email: [email protected]
CO: First Nordic Metals Corp.
CNW 07:00e 13-MAY-24