District's $6 Million Private Placement Financing Fully Subscribed
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") has fully allocated its C$5,000,000 non-brokered private placement financing under the Listed Issuer Financing Exemption (as defined below) of 18,518,518 common shares in the capital of the Company (the "Shares") priced at C$0.27 per Share (the "LIFE Offering"). The Shares offered under the LIFE Offering will...
2025-05-13 9:00 AM EDT
District Announces $6 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce a non-brokered private placement financing under the Listed Issuer Financing Exemption (as defined below), whereby the Company intends to raise up to C$5,000,000 through an offering of up to 18,518,518 common shares in the capital of the Company (the "Shares") to be priced at C$0.27 per...
2025-05-12 5:31 PM EDT
District Announces Inferred Mineral Resource Estimate of 4.3 Billion Tonnes at a Grade of 161 ppm U3O8 Containing 1.5 Billion Pounds U3O8 for the Viken Energy Metals Deposit in Sweden
Vancouver, British Columbia--(Newsfile Corp. - April 29, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce a NI 43-101 Inferred and Indicated Mineral Resource Estimate ("MRE") for the Viken Energy Metals Deposit located within District's 100% owned and royalty free Viken Property in central Sweden. Garrett Ainsworth, CEO of District, commented: "With the current NI 43-101 Inferred and...
2025-04-29 2:00 AM EDT
District Provides Drilling Update on the Tomtebo Property in Sweden
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to provide an update from the ongoing core drilling program at the base metal polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A total of 1,712.5 m in three drill holes has been completed at the Steffenburgs zone within the historic Tomtebo Mine...
2025-04-24 2:00 AM EDT
District Intersects 11.0 m at 5.8% Zn, 1.1% Pb, 20 g/t Ag on the Stollberg Property
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to report on drill assay results for five drill holes (GRAGR-151 to -155) 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...
2025-03-26 3:00 AM EDT
District Receives Exemptive Relief from Canadian Securities Regulators in Connection with Listing on the Nasdaq First North Growth Market in Sweden
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") 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"). The Decision provides the Company with...
2025-03-18 3:00 AM EDT
District to Participate in Capital Markets Day on Thursday, March 13th
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP) ("District" or the "Company") 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 (www.borskollen.se) website and will be available...
2025-03-11 2:00 AM EDT
District Announces Q2 2025 Results
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP) ("District" or the "Company"); 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 ("NI...
2025-02-28 12:18 AM EST
District Receives TSX-Venture 50(TM) Award
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce the Company has been awarded Top 50 status for 2024 by the TSX-Venture Exchange (the "TSX-V"). 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...
2025-02-19 7:30 AM EST
District and Boliden Joint Technical Committee Approve 2025 Exploration Budget on the Tomtebo and Stollberg Properties and Commence Drilling at the Tomtebo Property in Sweden
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that District and Boliden Minerals AB ("Boliden") 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...
2025-02-10 2:00 AM EST
District Commences Updated National Instrument 43-101 Mineral Resource Estimate on the Viken Energy Metals Deposit in Sweden
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has retained P&E Mining Consultants Inc. ("P&E") to prepare a resource estimate and related report pursuant to National Instrument 43-101 ("NI 43-101") on the Viken Energy Metals Deposit (Figure 1) located in Jämtland County, central Sweden. Continental Precious Minerals...
2025-02-05 2:00 AM EST
District Closes Acquisition of the 2.0% NSR Royalty on the Viken Energy Metals Deposit in Sweden
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has closed its previously announced acquisition of the 2.0% net smelter returns ("NSR") royalty over the remaining four mineral licences (Norra Leden, Norr Viken, Lill Viken, and Storviken) covering the Viken Deposit (Figure 1) located in Jämtland County, central Sweden (see...
2025-02-03 2:00 AM EST
District to Commence Trading on Nasdaq First North Growth Market in Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2025) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that the Company has received confirmation that its Nasdaq First North Growth Market ("Nasdaq First North") listing application has been approved. As a result, District's depositary receipts (the "DMX SDRs") will begin trading on Nasdaq First North at market open (Sweden local time) on January 23, 2025, under the...
2025-01-22 2:00 AM EST
District Publishes Company Description in Connection with Listing on the Nasdaq First North Growth Market in Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2025) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company"). On Thursday December 12, 2024 Nasdaq Stockholm AB approved Districts application for admission to trading the Company's depositary receipts (the "DMX SDRs") on the Nasdaq First North Growth Market ("Nasdaq First North"). Today, January 17, 2025, the Company publishes a Company Description, in accordance with Nasdaq First North rules...
2025-01-17 9:47 AM EST
District Signs Definitive Agreement to Acquire 2.0% NSR Royalty on Viken Energy Metals Deposit in Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2025) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has entered into a definitive royalty purchase agreement (the "Purchase Agreement") with an arm's length vendor (the "Vendor") to acquire the 2.0% net smelter returns ("NSR") royalty previously granted by the Company over the remaining four mineral licences (Norra Leden, Norr Viken, Lill Viken, and...
2025-01-08 2:00 AM EST
District Comments on Uranium Mining Announcement from the Swedish Government
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") 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...
2024-12-23 2:00 AM EST
District Receives Conditional Approval from the Nasdaq First North Growth Market in Sweden
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that the Company has received conditional approval for the listing of its Swedish depository receipts (the "DMX SDRs") on the Nasdaq First North Growth Market ("Nasdaq First North"). Swedish depository receipts are financial instruments issued by a Swedish bank representing shares in a non-Swedish company. This...
2024-12-17 2:00 AM EST
District Reports Voting Results from its Annual General and Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP) ("District" or the "Company") is pleased to report the voting results for the Company's annual general and special meeting of shareholders (the "Meeting") held on December 12, 2024, in Vancouver, British Columbia. A total of 11,885,478 common shares were voted at the meeting, representing 9.10% of the votes attached to all outstanding common shares. Shareholders...
2024-12-13 5:40 PM EST
District Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") in connection with its application for a secondary listing of its shares on the Nasdaq First North Growth Market in Sweden, District is pleased to provide a corporate update. The Company's objective is to complete the listing and start trading on the Nasdaq First North Growth Market before the end of 2024, as stated in the Company's...
2024-11-27 2:00 AM EST
District Applies to List on the Nasdaq First North Growth Market in Sweden
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is excited to announce that it has initiated the process of applying for a secondary listing of its shares on the Nasdaq First North Growth Market in Sweden ("Nasdaq First North"). The Company's objective is to complete the listing and start trading on the Nasdaq before the end of 2024. District has recently experienced a notable...
2024-11-18 2:00 AM EST