The KE Report

First Nordic Metals – Now Listed On The Nasdaq First North Growth Market in Sweden, Diamond Drilling At The High-Priority Aida Target, Analyst Coverage, TSX Venture Top 50


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Taj Singh, CEO, and Adam Cegielski, President of First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF), join me to discuss their recent listing on the Nasdaq First North Growth Market in Sweden, diamond drilling at the high-priority Aida Target at their 100% owned Paubäcken Project, other key targets for this year’s 25,000 meter exploration program at the Harpsund (Paubäcken) or Nippas (Storjuktan) targets, recent analyst coverage, and their inclusion into the TSX Venture Top 50 companies.

 

We start off having Adam outline the significance of First Nordic Metals having been listed and now trading on the Nasdaq First North Growth Market in Sweden.   This attracts more liquidity into the stock, and it will stand out as one of the few gold stocks listed in country, which historically see solid participation from Swedish investors that want to invest domestically.

 

Next we shifted over having Taj outline the key 2025 exploration target areas of focus for this year’s 25,000 meter drill program across their 100% owned projects along the Gold Line Belt. At Paubäcken, there is one drill rig that has been turning since late February at the high-priority  Aida Target where 11 holes have been drilled to date.  

 

A second drill rig is going to be added soon that may keep expanding the work at Aida, or potentially test other Paubäcken targets like Harpsen, or it could be moved over to Storjuktan to test the Nippas target.  Additionally, the Company has completed a base-of-till, top-of-bedrock drilling program on the 100%-owned Klippen Project, located in the southern extent of the Gold Line Belt, where depending on results, it may also receive some drilling this year. Adam shares a bit more about some of the new targets the team has identified from geophysics surveys and BOT drilling, and just how big of a land position they control across this prolific mineralized belt.

 

We then shift over to recent analyst coverage from both Haywood Capital and Ventum Capital with price targets at multiples higher than where the stock is trading today. On February 20th the Company announced that it has been named as a 2025 TSX Venture 50 company; which recognizes the top 50 of over 1,600 TSX Venture Exchange issuers based on market capitalization growth, share price appreciation, and trading volume growth. Taj then wraps us up describing the larger company vision and 2025 work strategy.

 

If you have any questions for Taj or Adam, regarding First Nordic Metals, then please email them to me at [email protected].

 

  • In full disclosure, Shad is a shareholder of First Nordic Metals at the time of this recording.
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