BULLETIN V2025-4059
MAWSON FINLAND LIMITED ("MFL") BULLETIN TYPE: Plan of Arrangement-, Delist BULLETIN DATE: December 16, 2025 TSX Venture Tier 1 Company
Effective at the close of business on Wednesday, December 17, 2025, the common shares of Mawson Finland Limited ("Mawson") will be delisted from TSX Venture Exchange. The delisting of Mawson shares results from the completion of a court-approved plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the "Arrangement"), pursuant to an arrangement agreement dated September 14, 2025 between First Nordic Metals Corp. (the "Purchaser") and Mawson (the "Arrangement Agreement"). Pursuant to the Arrangement Agreement, the Purchaser acquired all of the issued and outstanding common shares of Mawson.
Under the terms of the Arrangement, each such Mawson shareholder received 1.7884 common shares of the Purchaser for each common share of Mawson held. The Exchange has been advised that approval of the Arrangement by Mawson shareholders was received at a special meeting of shareholders held on December 4, 2025 and that a final order approving the Arrangement was issued by the Ontario Superior Court of Justice (Commercial List) on December 8, 2025. The Arrangement became effective on December 16, 2025.
The full particulars of the Arrangement are set forth in the Management Information Circular of Mawson dated as of October 29, 2025 (the "Circular"), which is available on Mawson's profile on SEDAR+.
For further details, please refer to the Mawson's news releases dated September 15, 2025, December 04, 2025, December 08, 2025 and December 16, 2025. _______________________________________
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