Toronto, ON, July 22, 2025 /CNW/ - First Nordic Metals Corp. ("First Nordic" or the "Company") (TSX.V: FNM, FNSE: FNMC SDB, OTCQB: FNMCF, FRA: HEG0) is pleased to announce the appointment of Mr. Gernot Wober, P.Geo, as Vice President, Exploration.
Mr. Wober is a highly accomplished geologist with 35 years of international experience in mineral exploration and project development. He brings deep technical expertise in orogenic gold systems and greenstone-hosted deposits, with a proven track record of discovery, resource growth, and team leadership across multiple jurisdictions.
Most recently, Mr. Wober served as Vice President, Exploration at Discovery Silver Corp. ("Discovery") for over seven years. During his tenure, he played a key role in identifying and acquiring the Cordero silver deposit in Chihuahua, Mexico, which was advanced from resource stage through feasibility and towards final permitting to become one of the largest undeveloped silver projects globally. He also played an important part in the due diligence and compilation of the first consolidated technical report for Discovery's acquisition of Newmont Corporation's Porcupine Complex, a transaction that marked Discovery's transition into a gold producer and resulted in its growth to a + C$2 billion market capitalization.
Prior to Discovery, Mr. Wober was VP Exploration, Canada, at Osisko Mining Inc., where he led exploration activities at the Windfall gold project and was instrumental in the discovery of the high-grade Lynx Zone. His earlier roles include VP Exploration at Great Basin Gold, Director of Site Operations at the Pebble Project in Alaska for Northern Dynasty Mines Inc., VP Exploration for Oban Mining Corp., and technical positions with Lac Minerals Ltd., Noranda Exploration Company Ltd., Taseko Mines Ltd., and Chevron Canada Resources Ltd.
Mr. Wober previously served on the advisory board of Gold Line Resources Ltd., one of the predecessor companies that formed First Nordic. His familiarity with the Gold Line belt will be directly applied as he steps into this new leadership role, overseeing all of First Nordic's exploration and development activities.
Taj Singh, CEO of First Nordic, comments: "We are thrilled to welcome Gernot to First Nordic as VP Exploration. Having worked closely with him for many years, I've seen firsthand the level of technical discipline, strategic focus, and discovery drive he brings to a team. His deep understanding of orogenic gold systems, paired with a proven track record of leading major projects, aligns perfectly with our goal to unlock the full potential of the Gold Line belt and our broader Nordic portfolio. His addition meaningfully strengthens our technical team as we continue advancing one of Europe's most compelling gold exploration stories."
Gernot Wober comments: "The Gold Line belt in northern Sweden represents one of the most compelling exploration opportunities I've encountered in my career. The combination of having an entire structural belt with very limited historical exploration, proximity to the 2.4 million-ounce Barsele gold project, and excellent regional infrastructure sets the stage for meaningful discovery. After visiting the site, reviewing the historical and recent core, and meeting the highly motivated technical team, it became clear that there is immediate potential to add value and advance this portfolio across 2025 and into 2026."
ON BEHALF OF THE BOARD OF DIRECTORS
Taj Singh, M.Eng, P.Eng, CPA
CEO & Director
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The information in this release is subject to the disclosure requirements of First Nordic pursuant to the EU Market Abuse Regulations. The Company's certified adviser on the Nasdaq First North Growth Market is Augment Partners AB, info@augment.se, +46 8-604 22 55. This information was submitted for publication, through the agency of the contact person set out above, on July 22, 2025, at 8:00 a.m. Eastern Time.
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 news release.
Forward-Looking Statements
This news release contains forward-looking statements that reflect the Company's intentions, beliefs, or current expectations about and targets for the Company's and the group's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company and the group operates and includes, statements with respect to (i) the NBU Acquisition, (ii) issuance of Shares thereunder, and (iii) receipt of TSXV approval of the NBU Acquisition. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "intend", "may", "plan", "estimate", "will", "should", "could", "aim" or "might", or, in each case, their negative, or similar expressions. The forward-looking statements in this news release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that they will materialize or that the assumptions on which it is based are correct. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, the actual results or outcome could differ materially from those set out in the forward-looking statements as a result of many factors. Such risks, uncertainties, contingencies, and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements in this news release are free from errors and readers of this news release should not place undue reliance on the forward-looking statements in this news release. The information, opinions and forward-looking statements that are expressly or implicitly contained herein speak only as of the date of this news release and are subject to change without notice. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this news release, unless it is required by law or Nasdaq First North Growth Market Rulebook for Issuers of Shares.
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For further information contact:
Marie Macdonald
Investor Relations
604-687-8566
info@fnmetals.com
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 100,000 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.
