District Metals Corp. ; is pleased to report on drill assay results for five drill holes completed during the Fall 2024 drill program at the base metal polymetallic Stollberg Property located in the Bergslagen Mining District in south-central Sweden. A total of 2,438 m was drilled in five holes around the historic Gränsgruvan Mine located within the Stollberg Property. This drill program was carried out from mid-October [...]
District Metals Corp. ; is pleased to report that the previously announced application for exemptive relief from the applicable Canadian securities regulators has been reviewed, and an order granting exemptive relief effective March 14, 2025, has been granted to the Company . The Decision provides the Company with exemptive relief to continue to be a "venture issuer" for the purposes of Canadian securities laws, despite [...]
District Metals Corp. welcomes investors to watch the company presentation and Q&A at a Capital Markets Day, organized by Analyst Group with Börskollen as the media partner. The company presentation will be broadcasted live on Direkt Studios' YouTube channel and Börskollen's website and will be available afterward on Direkt Studios' YouTube channel. No registration is required. Direct link to the stream [...]
District Metals Corp. ; is pleased to report its results for the three and six months ended December 31, 2024. All amounts are in Canadian dollars, unless otherwise noted. Financial and Operational Update The Company commenced an updated mineral resource estimate and related report pursuant to National Instrument 43-101 on the Viken Energy Metals Deposit that was announced on February 5, 2025. Mineral exploration work [...]
District Metals Corp. ; is pleased to announce the Company has been awarded Top 50 status for 2024 by the TSX-Venture Exchange . The award is part of the annual ranking of top-performing companies on the TSX during the prior year. Each year, the TSX Venture 50™ ranking showcases listed companies that have demonstrated notable results in key measures of market performance. The companies included in the 2024 TSX [...]
District Metals Corp. ; is pleased to announce that District and Boliden Minerals AB have approved an increased exploration budget of CDN$3.0M on the Tomtebo and Stollberg Properties for 2025. This will be a 50% increase with regards to the 2024 budget and will be equally split between both properties. District is the operator of the Tomtebo-Stollberg collaboration, and the Company has commenced core drilling at the high [...]
District Metals Corp. ; is pleased to announce that it has retained P&E Mining Consultants Inc. to prepare a resource estimate and related report pursuant to National Instrument 43-101 on the Viken Energy Metals Deposit located in Jämtland County, central Sweden. Continental Precious Minerals Inc. carried out substantial exploration and development work on the Viken Deposit from 2008 to 2014. This work resulted in the [...]
District Metals Corp. ; is pleased to announce that it has closed its previously announced acquisition of the 2.0% net smelter returns royalty over the remaining four mineral licences covering the Viken Deposit located in Jämtland County, central Sweden . As a result, District's 100% owned Viken Deposit is now completely free of any NSR royalty. Pursuant to the definitive royalty purchase agreement, District acquired the [...]
District Metals Corp. ; is pleased to announce that the Company has received confirmation that its Nasdaq First North Growth Market listing application has been approved. As a result, District's depositary receipts will begin trading on Nasdaq First North at market open on January 23, 2025, under the symbol "DMXSE SDB". Swedish depositary receipts are financial instruments issued by a Swedish bank representing shares in a [...]
District Metals Corp. On Thursday Dec 12, 2024 Nasdaq Stockholm AB approved Districts application for admission to trading the Company's depositary receipts on the Nasdaq First North Growth Market. Today, Jan 17, 2025, the Company publishes a Company Description, in accordance with Nasdaq First North rules for application. The preliminary day for the first day of trading on Nasdaq First North is set to be January 23 [...]
District Metals is pleased to announce that it has entered into a definitive royalty purchase agreement with an arm's length vendor to acquire the 2.0% net smelter returns royalty previously granted by the Company over the remaining four mineral licences covering the Viken Deposit. As a result, subject to closing, District's 100% owned Viken Deposit is now completely free of any NSR royalty. Pursuant to the Purchase [...]
District Metals is pleased to announce that the Swedish Ministry of Climate and Enterprise issued a press release on December 20, 2024 and made public the results of the inquiry into lifting the uranium moratorium that commenced on February 15, 2024. The press release further states that the purpose of the inquiry was to assess and provide proposals necessary to allow for the resumption of uranium extraction in Sweden. In [...]