Goldsky Resources — Capital/Financing Update 2025

Apr 23, 2025

FORM 51-102F3
MATERIAL CHANGE REPORT

1. Name and Address of Company
   First Nordic Metals Corp. ("First Nordic" or the "Company")
   Suite 300, 1055 West Hastings Street
   Vancouver, British Columbia V6E 2E9

2. Date of Material Change
   April 17, 2025

3. News Release
   A news release with respect to the material change referred to in this report was disseminated in Canada on April 17, 2025, through the facilities of Cision and a copy was subsequently filed under the Company's profile on SEDAR+.

4. Summary of Material Change
   On April 17, 2025, the Company announced that it had filed a final short form base shelf prospectus (the "Base Shelf Prospectus") with the securities commissions in each of the provinces and territories of Canada.

5.1 Full Description of Material Change
On April 17, 2025, the Company announced that it had filed a Base Shelf Prospectus with the securities commissions in each of the provinces and territories of Canada.

The Base Shelf Prospectus will allow the Company to offer and issue, from time to time, up to $100,000,000 of common shares, debt securities, subscription receipts, warrants and units (comprised of one or more of the foregoing securities) during the 25-month period that the prospectus remains effective.

Filing the Base Shelf Prospectus provides the Company with enhanced financial flexibility, allowing it to efficiently access capital markets as opportunities arise and market conditions permit. The specific terms of any future offering under the Base Shelf Prospectus will be determined at the time of such offering and disclosed in a corresponding prospectus supplement, which will be filed with applicable Canadian securities regulatory authorities.

A copy of the Base Shelf Prospectus is available under the Company's profile on SEDAR+ at www.sedarplus.ca.

5.2 Disclosure for Restructuring Transactions
Not applicable.

1. Reliance on subsection 7.1(2) of National Instrument 51-102
   Not applicable.

2. Omitted Information
   Not applicable.

3. Executive Officer
   For further information, please contact Taj Singh, CEO at 604 687-8566 or via email at info@fnmetals.com.

4. Date of Report
   April 23, 2025