First Nordic Metals Corp. (TSXV: FNM) (OTCQB: FNMCF) (Germany: HEG0) provided notice to shareholders who would like to convert their common shares in FNM to Swedish depository receipts (“SDRs“), a financial instrument issued by a Swedish bank representing shares in a non-Swedish company. The Company is currently in the process of applying for a secondary listing of SDRs on Nasdaq First North Growth Market (“Nasdaq First North“) in Sweden. The completion of the listing is contingent upon obtaining approval from Nasdaq Stockholm but FNM’s objective is to complete the listing and start trading on Nasdaq First North during the first quarter of 2025.
To facilitate the conversion of common shares of FNM to SDRs in Sweden, shareholders are encouraged to contact DNB Markets, a part of DNB Bank ASA, Sweden Branch (“DNB“), to receive detailed instructions on how to proceed with the conversion of securities by emailing Securities Services & Custody at emissioner@dnb.se. DNB will reach out to shareholders via their bank or broker in order to establish a conversion date for those who wish to convert their common shares to SDRs.
