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.