Waselius advised First Nordic Metals (publ.), a Canadian mineral property investor, on its acquisition of Mawson Finland Limited, a Finnish gold-cobalt exploration company. The acquisition is structured through a statutory plan of arrangement.
Mawson holds a 100% interest in the Rajapalot Gold-Cobalt Project and wholly owns the 100 km² Rompas-Rajapalot Property, which includes 13 granted exploration permits covering 11,262 hectares. The acquisition forms part of First Nordic’s strategy to consolidate its Nordic gold assets. The deal is expected to close in December 2025.