District Metals Corp.

District Metals Corp. is pleased to announce that, in connection with its previously announced brokered private placement financing, it has entered into an agreement with Haywood Securities Inc. to increase the size of the Offering up to 15,000,000 units at a price of $0.30 per Unit to raise aggregate gross proceeds of up to $4,500,000. Each Unit will consist of one common share in the capital of the Company and one-half [...]

District Metals Corp. is pleased to announce that it has entered into an agreement with Haywood Securities as sole lead agent, who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 10,000,000 units at a price of $0.30 per Unit to raise aggregate gross proceeds of up to $3,000,000. Each Unit will consist of one common share in the capital of the Company and one-half of one common share [...]

District Metals Corp. is pleased to announce that a ground gravity survey has commenced on the Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. This gravity survey is focused on the Tomtebo Mine Trend that was delineated by numerous conductive and magnetic high anomalies identified from the July 2020 SkyTEM survey. Garrett Ainsworth, CEO of District, commented: "We continue to follow our [...]

District Metals Corp. is pleased to report additional results from the final airborne electromagnetic and magnetic data that covers the entire 5,144 hectare Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A detailed heliborne SkyTEM survey comprising approximately 600 line-km was flown at 100 m line spacing in July 2020, and geophysical interpretations were successfully completed by [...]

District Metals Corp. ; is pleased to report on assay results from grab and chip rock samples recovered from the recently completed geological fieldwork at its polymetallic Tomtebo Project in the Bergslagen Mining District of south-central Sweden. This fieldwork consisted of geological mapping, prospecting and geochemical sampling at the former Tomtebo Mine, and regionally across the 17 km mineralized trend within the [...]

District Metals Corp. ; is pleased to report the results of the final airborne electromagnetic and magnetic data at the former Tomtebo Mine area. A detailed SkyTEM312 HP survey was flown at 100 m line spacing in July 2020 across the entire Tomtebo Property, located in the Bergslagen Mining District in south-central Sweden. Geophysical interpretation of the SkyTEM survey outside of the former Tomtebo Mine area continues [...]

District Metals Corp. ; is pleased to report on the Leapfrog 3D modeling of polymetallic mineralized zones at the former Tomtebo Mine located within the Company's Tomtebo Project in the Bergslagen Mining District of south-central Sweden. Mineralized zones at the Tomtebo Mine were modeled from historical mine maps and drilling that was conducted by state-owned Stora AB from 1916 to 1972. District is utilizing this model to [...]

District Metals Corp. is pleased to report on the results of its recently completed initial fieldwork at its polymetallic Tomtebo Project in the Bergslagen Mining District of south-central Sweden. This initial work consisted of geological mapping, prospecting and geochemical sampling at the former Tomtebo Mine, and regionally across the 17 km mineralized trend within the 5,144 hectare Property. This fieldwork will be [...]

District Metals Corp. is pleased to report that it has commenced field work on its polymetallic Tomtebo Project in the Bergslagen Mining District of south-central Sweden. Initial work consisting of geological mapping, prospecting and geochemical sampling has started at the former Tomtebo Mine, and regionally across the 5,144 hectare Property. This work will be further complemented by a review of available historic drill [...]

District Metals Corp. is pleased to announce the execution of a definitive purchase agreement dated August 17, 2020 for District's high grade copper-silver Bakar Property located on northern Vancouver Island in British Columbia with Sherpa II Holdings Corp. Transaction Highlights Under the Agreement Sherpa II will acquire an 80% interest in the Bakar Property by cash payment, the issuance of shares to District, and work [...]