12:55 PM EDT, 09/10/2025 (MT Newswires) -- First Nordic Metals ( FNMCF ) on Wednesday said it receive conditional exchange approval for its acquisition of EMX Royalty's ( EMX ) Nordic business unit.

With the conditional approval, the company said it is now "proceeding with the satisfaction of the conditions required for the final acceptance of the NBU acquisition".

The acquisition is also conditional on clearance of the Swedish Foreign Direct Investment Act, a process that's expected to be completed before the end of October.

Shares of First Nordic Metals ( FNMCF ) were last seen up $0.015 to $0.44 on the TSX Venture Exchange.

Price: 0.44, Change: +0.02, Percent Change: +3.53