{"id":31529,"date":"2025-06-02T11:16:19","date_gmt":"2025-06-02T15:16:19","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=31529"},"modified":"2025-09-07T13:53:11","modified_gmt":"2025-09-07T17:53:11","slug":"first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/","title":{"rendered":"First Nordic Strengthens Technical Capabilities with Acquisition of EMX’s Nordic Business Unit"},"content":{"rendered":"

First Nordic Metals Corp. <\/b>(TSXV: FNM) (FNSE: FNMC SDB) (OTCQB: FNMCF) (FRA: HEG0)<\/strong> announced the acquisition of the Nordic business unit (“NBU Acquisition”) of EMX Royalty Corporation (“EMX”), a long-standing technical partner on several of First Nordic’s key assets.<\/p>\n

\n

This NBU Acquisition includes EMX’s regional infrastructure in northern\u00a0Sweden<\/span>\u00a0(including an exploration camp), an extensive inventory of exploration equipment, and the full integration of EMX’s seasoned Nordic technical team; this consolidates the operational platform that has played a pivotal role in advancing First Nordic’s exploration activities across\u00a0Sweden<\/span>\u00a0and\u00a0Finland<\/span>.<\/p>\n

With nearly 100,000 hectares (~100 km of strike length) under control in Sweden’s highly prospective Gold Line belt, our 2025 exploration programs have already yielded encouraging results. This strategic acquisition strengthens our operational footprint, integrates top-tier regional expertise, and reaffirms our long-term commitment to unlocking the potential of Europe’s most exciting gold frontier.Taj Singh, President & CEO, First Nordic Metals Corp.<\/span><\/div><\/div>\n

Strategic Benefits & Key Highlights<\/u><\/b><\/h3>\n

The acquisition further deepens First Nordic’s capabilities and enhances project continuity. It supports the Company’s commitment to long-term growth, operational efficiency, and community engagement in the Nordics. Key benefits include:<\/p>\n

    \n
  • \n

    Highly experienced Nordic team:\u00a0<\/i>Proven track record in geological evaluation, permitting, and logistics across the region.<\/p>\n<\/li>\n

  • \n

    A dedicated operational hub:<\/i>\u00a0An upgraded year-round exploration camp in Mal\u00e5,\u00a0Sweden<\/span>, located near the Geological Survey of\u00a0Sweden’s<\/span> drill core repository.<\/p>\n<\/li>\n

  • \n

    Comprehensive exploration asset package:\u00a0<\/i>Includes vehicles, handheld and robotic XRF (x-ray fluorescence) units, ground magnetometers, mobile core logging infrastructure, and modern digital tools for data acquisition and interpretation.<\/p>\n<\/li>\n<\/ul>\n

    Transaction Terms<\/u><\/b><\/h3>\n

    Under the terms of the agreement signed on May 30, 2025<\/span>, First Nordic will acquire the EMX Nordic business unit and related assets for a total consideration of\u00a03.25 million SEK<\/span>\u00a0(~US$335,000)<\/span>, payable over two years in equal parts cash and First Nordic common shares, structured as follows:<\/p>\n

      \n
    • \n

      1.05 million SEK<\/span>\u00a0(~US$108,000)<\/span> paid upon closing.<\/p>\n<\/li>\n

    • \n

      1.20 million SEK<\/span>\u00a0(~US$124,000)<\/span> paid on the first anniversary of the agreement<\/p>\n<\/li>\n

    • \n

      1.00 million SEK<\/span>\u00a0(~US$103,000)<\/span>\u00a0paid on the second anniversary of the agreement.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n

      \n

      EMX will retain a 1% net smelter return (NSR) royalty on any new projects organically generated (i.e. newly staked) by First Nordic in\u00a0Sweden<\/span>\u00a0and\u00a0Finland<\/span>\u00a0within five years.<\/p>\n

      The structure allows First Nordic to expand operations with minimal upfront capital while maintaining full strategic and operational control.<\/p>\n

      As per\u00a0TSX Venture Exchange (the “TSXV”) policies, the NBU Acquisition constitutes a non-arm’s length transaction due to a shared director (H. Lundin). The transaction remains subject to TSXV approval. All shares issued will be subject to a statutory four month and one day hold in accordance with applicable Canadian securities laws. No finder’s fees are payable in connection with the transaction.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQB: FNMCF) (FRA: HEG0) announced the acquisition of the Nordic business unit (“NBU Acquisition”) of EMX Royalty Corporation (“EMX”), a long-standing technical partner on several of First Nordic’s key assets.<\/p>\n","protected":false},"author":30,"featured_media":29274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56,2429,2558],"tags":[2452,2477,1520,2476,2141,2461,1467,2460],"class_list":{"0":"post-31529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-gold-silver","9":"category-selected","10":"tag-first-nordic","11":"tag-first-nordic-metals","12":"tag-gold-juniors","13":"tag-gold-pennystocks","14":"tag-investing-in-gold","15":"tag-investing-in-gold-miners","16":"tag-junior-gold-miners","17":"tag-small-cap-gold-miners"},"acf":[],"yoast_head":"\nFirst Nordic Strengthens Technical Capabilities with Acquisition of EMX's Nordic Business Unit | Capital 10X<\/title>\n<meta name=\"description\" content=\"First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQB: FNMCF) (FRA: HEG0) announced the acquisition of the Nordic business unit ("NBU Acquisition") of EMX Royalty Corporation ("EMX"), a long-standing technical partner on several of First Nordic's key assets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Nordic Strengthens Technical Capabilities with Acquisition of EMX's Nordic Business Unit | Capital 10X\" \/>\n<meta property=\"og:description\" content=\"First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQB: FNMCF) (FRA: HEG0) announced the acquisition of the Nordic business unit ("NBU Acquisition") of EMX Royalty Corporation ("EMX"), a long-standing technical partner on several of First Nordic's key assets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital 10X\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Capital10x\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-02T15:16:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-07T17:53:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/05\/05.09.24-First-Nordic_v1-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Duane Hope\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@capital10x\" \/>\n<meta name=\"twitter:site\" content=\"@capital10x\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Duane Hope\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/\"},\"author\":{\"name\":\"Duane Hope\",\"@id\":\"https:\/\/capital10x.com\/old\/#\/schema\/person\/664404c5932eabd163f483ac259b86f8\"},\"headline\":\"First Nordic Strengthens Technical Capabilities with Acquisition of EMX’s Nordic Business Unit\",\"datePublished\":\"2025-06-02T15:16:19+00:00\",\"dateModified\":\"2025-09-07T17:53:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/\"},\"wordCount\":464,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/05\/05.09.24-First-Nordic_v1.png\",\"keywords\":[\"First Nordic\",\"First Nordic Metals\",\"Gold Juniors\",\"gold pennystocks\",\"investing in gold\",\"investing in gold miners\",\"Junior Gold Miners\",\"small cap gold miners\"],\"articleSection\":[\"Featured\",\"Gold\/Silver\",\"selected\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/capital10x.com\/old\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/\",\"url\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/\",\"name\":\"First Nordic Strengthens Technical Capabilities with Acquisition of EMX's Nordic Business Unit | Capital 10X\",\"isPartOf\":{\"@id\":\"https:\/\/capital10x.com\/old\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/capital10x.com\/old\/first-nordic-strengthens-technical-capabilities-with-acquisition-of-emxs-nordic-business-unit\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/05\/05.09.24-First-Nordic_v1.png\",\"datePublished\":\"2025-06-02T15:16:19+00:00\",\"dateModified\":\"2025-09-07T17:53:11+00:00\",\"description\":\"First Nordic Metals Corp. 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