VANCOUVER, BC, Aug. 1, 2024 /CNW/ -
First Nordic Metals Corp. is pleased to announce that yesterday it completed its acquisition of the Oijärvi Gold Project that was announced on July 15, 2024 . Oijärvi is a 17,600 hectare greenstone belt land package that includes the Kylmäkangas gold deposit, which contains a high-grade underground resource that has seen limited drilling. The Transaction was effected by way of a subscription agreement between FNM and Agnico Eagle Mines Limited , pursuant to which Agnico Eagle exchanged amounts due under the asset purchase agreement between certain subsidiaries of FNM, certain subsidiaries of Agnico Eagle and EMX Royalty Corporation dated March 19, 2021, as amended May 1, 2023 for 27,954,872 common shares of the Company .[1] FNM issued the 2...