Goldsky Resources

Launch of Goldsky Resources

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Launch of Goldsky Resources

December 22, 2025
Regulatory

VANCOUVER, Canada, December 22, 2025 — First Nordic Metals Corp. (TSX-V: FNM, FNSE: FNMC SDB, OTCQX: FNMCD, FRA: HEG0) (“First Nordic” or the “Company”) is pleased to announce that, effective as of today’s date, it has changed its name (the “Name Change”) to Goldsky Resources Corp. (“Goldsky”).

The Company’s common shares (the “Common Shares”) are expected to begin trading under the new name and under the ticker ‘GSKR’ on the TSX Venture Exchange (the “TSXV”) on December 24, 2025 (the “Effective Date”). The Name Change was approved by the Company’s board of directors in accordance with its articles and was made in connection with the Company’s recent acquisition of Mawson Finland Limited by way of a statutory plan of arrangement (see press release dated December 16, 2025) (the “Arrangement”).

Russell Bradford, Chief Executive Officer of Goldsky, commented: 

“I am very pleased to announce the launch of Goldsky Resources Corp. following the successful mergers of First Nordic and Mawson Finland. Goldsky is a unique business benefitting from a large portfolio of high-quality advanced stage assets, anchored by the Barsele Project JV, one of the Nordics largest undeveloped gold projects. 

I am pleased to welcome several new highly respected Board members including Peter Breese as Chair and Darren Morcombe as a special adviser. The new team brings proven technical expertise and a shared ambition to build the Nordic’s next significant gold producer.

Our vision is clear: to establish Goldsky as the leading Nordic mining company. With a responsibly focused strategy, disciplined execution and operations in one of the world’s most stable mining jurisdictions, we believe Goldsky is well positioned to create long-term responsible value to all our stakeholders as we move forward as a Company.”

As of the Effective Date, the new CUSIP and ISIN numbers for the Common Shares will be 381495100 and CA3814951008. Shareholders are not required to exchange their existing certificates representing securities of the Company or take any other action in connection with the Name Change.

Brand and Corporate Communications 
In line with the completion of the merger and the launch of Goldsky, the Company has launched a new corporate website, refreshed investor presentation and updated social media channels, reflecting the Company’s strategy going forward. 

These materials can be found here: 
Website
LinkedIn
X
Facebook
Instagram
YouTube

Nasdaq First North
The ticker of the Company’s Swedish Depositary Receipts (the “SDRs”) on Nasdaq First North Growth Market (“Nasdaq First North”) will change from ‘FNMC SDB’ to ‘GSKR SDB’. The Company will begin trading under the name Goldsky Resources Corp. and the short name GSKR SDB on Nasdaq First North on or about December 29, 2025. The ISIN code for the SDRs will remain unchanged.

This is an administrative matter and SDR holders do not need to take any action.

Advisor
Haywood Securities Inc. (“Haywood”) acted as exclusive financial advisor to the Company in connection with the Arrangement. Pursuant to a financial advisory agreement dated October 7, 2024, as amended, and subject to receipt of the approval of the TSXV, the Company will issue to Haywood 960,164 Common Shares at a deemed issue price of $1.52 per share (the “FA Shares”) as majority payment of its success fee. The FA Shares will be subject to a statutory four month and one day hold from their date of issue.

About the Company
Goldsky Resources (TSXV: GSKR | FNSE: GSKRSDB | OTCQX: FNMCD) is a Nordic-focused gold and cobalt developer, established in December 2025 following the merger of First Nordic Metals and Mawson Finland Limited. The Company is anchored by the Barsele gold project, a joint venture with Agnico Eagle, in Sweden and the Rajapalot gold-cobalt project in Finland.

Goldsky’s portfolio also includes the Oijärvi project in Finland and district-scale positions along Sweden’s Gold Line Belt, combining advanced development assets with early-stage discovery opportunities. Operating in tier-one jurisdictions, Goldsky is led by a proven, responsible team. With ESG-first operations, pre-approved permitting, and a focus on advancing strategic assets, Goldsky is building the leading regional gold champion in the Nordics. 

For further information, please contact:
Russell Bradford, Chief Executive Officer of Goldsky at Russell@goldskyresources.com 
Neil MacRae, SVP, Investor Relations of Goldsky at ir@goldskyresources.com
Media: Jos Simson / Emily Moss, Tavistock, +44 207 920 3150 goldskyresources@tavistock.co.uk 
Goldsky’s certified adviser on the Nasdaq First North Growth Market is Augment Partners AB, info@augment.se.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No securities regulatory authority has reviewed or approved of the contents of this news release.

Forward-looking Information:
All statements, trend analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified using words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend”  and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein, including,  without limitation, statements regarding the Name Change and certain related matters and payment of the FA Fee, including issuance of the FA Shares. Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, risks relating to the timing and ability of the Company to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to its projects; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; geo-political risks; the global economic climate; metal prices; environmental risks;  political risks; and community and nongovernmental actions. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

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Cautionary Note Regarding Forward-Looking Statements

This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the terms and conditions of the Arrangement, timing for the hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement and the timing and ability of Gold Line to complete the Arrangement. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflect Gold Line’s respective management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Gold Line believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of Gold Line. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain necessary approvals in respect of the Arrangement, the ability to consummate the Arrangement,; the ability to obtain requisite court approvals and the satisfaction of other conditions to the consummation of the Arrangement on the proposed terms and schedule; the potential impact on exploration activities; the potential impact of the announcement or consummation of the Arrangement on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; the re-rating potential following the consummation of the Arrangement; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Arrangement. This forward-looking information may be affected by risks and uncertainties in the business of Gold Line and market conditions. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by Gold Line with the Canadian securities regulators, including Gold Line’s financial statements and related management’s discussion and analysis for the financial year ended December 31, 2022 and its interim financial reports and related management’s discussion and analysis for the period ended September 30, 2023 filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Gold Line has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended, and do not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

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.