TORONTO, Jan. 17,
2025 /CNW/ - First Nordic Metals
Corp. (the "Company" or "FNM") (TSXV: FNM)
(OTCQB: FNMCF) (Germany: HEG0) is pleased to announce the promotion
of Mr. Adam Cegielski to President
of the Company and his concurrent appointment to its board of
directors (the "Board"). Additionally, FNM is pleased to announce
the addition of Mr. John Eren as
Vice President of Corporate Development of the Company.
Taj Singh, CEO of FNM
comments: "2025 is set to be a transformational year
for FNM. I am pleased to promote Adam from his role as Chief
Development Officer to the role of President. Working alongside me,
he was instrumental in the launching of FNM in 2024 and its
advancement through the year. Moving to the President role was the
natural progression for Adam and is both a reflection of the rapid
growth of the Company as well as Adam's critical role in FNM's
future."
"I am very excited to be bringing John Eren onto the FNM team as well. With over
two decades of experience in the junior resource space, he has
worked together with many of our current team members, across
several companies, and has had great success with them, and I know
he will be an important contributor along our journey. John's
significant experience in raising capital and in investor relations
will be key assets for FNM moving forward."
Adam Cegielski – Professional
Biography
Adam Cegielski has
over 25 years of experience, primarily as an entrepreneur across
various sectors, with a focus on mineral exploration and
development. He has successfully built world class teams across
several continents and raised over C$100
million in equity financings on the TSX Venture exchange. In
2019 he founded FNM predecessor company Gold Line Resources Ltd.
and acted as CEO from its inception through to 2023, including
putting the Gold Line Belt package together, establishing field
operations, and overseeing the discovery of the Aida gold target at
the Paubäcken project. Mr. Cegielski was also a founding director
of Cayden Resources, which was acquired by Agnico Eagle Mines Ltd.
for C$205 million in 2014. Adam holds
a Bachelor of Science degree in Applied Biochemistry from the
University of Guelph.
John Eren – Professional
Biography
From 2020 to 2023, John
Eren served as Vice President of Corporate Development at
FNM predecessor company Gold Line Resources Ltd. From 2016 to 2019,
Eren served as a corporate development executive for Crystal
Exploration Inc., the shell company that subsequently became Thesis
Gold Inc. From 2004 to 2016, Eren served as: Head of Business
Development, Eurasia, for Auryn Resources ("Auryn", now Fury Gold
Mines Ltd.); Vice President of Investor Relations at Keegan
Resources Inc. / Asanko Gold Inc. (now Galiano Gold Inc.); Investor
Relations Manager at Cayden Resources (acquired by Agnico Eagle
Mines Ltd.); and Stratton Resources Inc. (now Torq Resources Inc.).
John holds a Bachelor of Economics degree (HBA) from Laurentian University.
Additional Board Update
FNM also announces that Mr.
Ross Wilmot has resigned from the
Board. The Company wishes to thank him for his years of service on
the Board. Mr. Wilmot will continue to act as CFO of the
Company.
ABOUT FIRST NORDIC METALS
First Nordic Metals Corp.
(FNM) is a Canadian-based gold exploration company, consolidating
assets in Sweden and Finland to create Europe's next gold camp. The Company's
flagship asset in northern Sweden
is the Barsele Gold Project, 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 three additional projects (Paubäcken,
Storjuktan, Klippen), which combined with the Barsele Project,
total 104,000 hectares on the Gold Line Belt. Additionally, in
northern Finland, FNM is the
100%-owner of a district-scale position covering the entire Oijärvi
Greenstone Belt, including the Kylmäkangas Au-Ag deposit, the
largest known gold occurrence in the underexplored Oijärvi
Greenstone Belt.
ON BEHALF OF THE BOARD OF DIRECTORS
Taj Singh, M.Eng, P.Eng, CPA
CEO & Director
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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.