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First Nordic and Mawson Merge to Form Leading Nordic Gold Company

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First Nordic and Mawson Merge to Form Leading Nordic Gold Company

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The latest announcement is out from Mawson Finland Limited ( (TSE:MFL) ).

First Nordic Metals Corp. and Mawson Finland Limited have announced a merger to form NordCo Gold, a leading Nordic-focused gold development and exploration company. This merger consolidates a significant portfolio of gold assets in Sweden and Finland, enhancing the company’s market position and exploration potential. The combined entity aims to leverage its extensive land position and mineral resources to achieve near-term development milestones and attract institutional investors, with a projected market capitalization of C$259 million.

More about Mawson Finland Limited

Mawson Finland Limited operates in the gold development and exploration industry, focusing on projects in the Nordic region, particularly in Sweden and Finland. The company is involved in developing and exploring gold assets, including the Rajapalot Project in Finland and other significant projects in Sweden.

Average Trading Volume: 39,262

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$56.75M

See more data about MFL stock on TipRanks’ Stock Analysis page.

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