First Nordic Metals rebrands as Goldsky Resources

First Nordic Metals (TSXV: FNM) has changed its name to Goldsky Resources Corp. following its recent acquisition of Mawson Finland. 

The company’s common shares will trade under a new ticker symbol ‘GSKR’ on the TSX Venture Exchange, beginning December 24.

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) currently holds a 13% interest in First Nordic. Last year, the Canadian gold major invested C$8.2 million to advance First Nordic‘s Oijärvi gold project that it used to own in Finland.

“I am very pleased to announce the launch of Goldsky Resources Corp. following the successful mergers of First Nordic and Mawson Finland,” Goldsky CEO Russell Bradford said in a news release.

“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,” Bradford said. 

“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.”

By market close Monday, First Nordic Metals’ stock was up 6.7% in Toronto. The company has a C$155.1 million ($112.8 million) market capitalization.