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First Nordic Metals Corp. Enters C$10 Million Agreement with Haywood Securities Inc. for Private Placement of Units
Contract Type
agreement
VancouverOtherMiningMineralMining TechnologyDescription
First Nordic Metals Corp. has entered into an agreement with Haywood Securities Inc., acting as the lead underwriter and sole bookrunner, and a syndicate of underwriters including Ventum Financial Corp. The agreement involves the purchase of 30,304,000 units at a price of C$0.33 per unit, resulting in aggregate gross proceeds of C$10,000,320. The net proceeds will be used for exploration at the company's properties in Sweden and Finland, as well as for general working capital and corporate purposes.