District Metals is pleased to announce a NI 43-101 Inferred and Indicated Mineral Resource Estimate for the Viken Energy Metals Deposit. Garrett Ainsworth, CEO of District, commented: "With the current NI 43-101 Inferred and Indicated MRE the Viken Energy Metals Deposit is officially the second largest uranium deposit in the world1, and it also contains an immense inventory of important and critical raw materials that [...]
District Metals 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. A total of 1,712.5 m in three drill holes has been completed at the Steffenburgs zone within the historic Tomtebo Mine area. Drill targeting was designed to systematically test the broader Steffenburgs zone and its prospective polymetallic [...]
District Metals 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. 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 to mid-December 2024 as part of [...]
District Metals 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 the [...]
District Metals 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. The presentation will be held by Garrett [...]
District Metals 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 including [...]
District Metals is pleased to announce the Company has been awarded Top 50 status for 2024 by 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-V 50™ ranking showcases listed companies that have demonstrated notable results in key measures of market performance. The companies included in the 2024 TSX Venture 50™ were selected [...]
District Metals 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 grade [...]
District Metals 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 definition [...]
District Metals 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. 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 2.0% NSR from an arm's length vendor for a purchase [...]
District Metals 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 [...]