VANCOUVER, BC, Sept. 30,
2024 /CNW/ - First Nordic Metals
Corp. (the "Company" or "FNM") (TSXV: FNM)
(OTCQB: FNMCF) (Germany: HEG0) is pleased to announce the
appointment of Mr. Jeffery Couch to
its Board of Directors.
Mr. Couch is a seasoned capital markets executive with extensive
experience in the natural resources sector, having advised and
raised capital for clients globally, with a particular focus on
emerging markets. Currently, Couch works with a mining-focused
global private equity (PE) firm with several billion dollars of
assets under management; he is currently acting CEO of both Lydian
Mining, an Armenian gold developer, and Alufer Mining, a Guinean
bauxite producer, both portfolio companies of the PE firm.
Mr. Couch has also worked with several financial services firms
in Europe. He was Head of
Investment Banking, Europe for BMO
Capital Markets (Bank of Montreal)
for a decade, and has also had senior investment banking roles with
Credit Suisse Europe and Citigroup (Salomon
Brothers). Mr. Couch has extensive public board experience
on both the Toronto Stock Exchange and the London Stock Exchange,
and he holds both an undergraduate business degree from the
University of Western Ontario Business
School and a law degree from Osgoode Hall Law School.
FNM President and CEO Taj
Singh commented, "We are very pleased to have Jeff
join the FNM board. Jeff has an impressive profile, with
significant public market experience in the natural resources
sector and deep capital markets roots. Having been based in
London for over two decades, he is
highly networked throughout Europe. In addition to the important strategic
insight he will provide, his addition will substantially increase
our exposure as we continue our progression towards becoming a
premier Nordics-focused precious metals explorer /
developer."
The Company has granted 1,000,000 stock options exercisable at
$0.36 per share for a period of five
years to certain directors and officers of the Company.
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
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 may include forward-looking statements that
are subject to inherent risks and uncertainties. All statements
within this news release, other than statements of historical fact,
are to be considered forward looking. Although First Nordic
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those described in
forward-looking statements. Factors that could cause actual results
to differ materially from those described in forward-looking
statements include fluctuations in market prices, including metal
prices, continued availability of capital and financing, and
general economic, market or business conditions. There can be no
assurances that such statements will prove accurate and, therefore,
readers are advised to rely on their own evaluation of such
uncertainties.
SOURCE First Nordic Metals Corp.