District Metals Corp.

District Metals Corp. ; is pleased to announce that that on June 12, 2025 the Swedish Ministry of Climate and Enterprise has submitted a referral to the Council on Legislation . The Referral proposes "that the prohibition in the Environmental Code against granting permits for mining operations or mining facilities relating to uranium-containing material be removed and that uranium should be a concession mineral under the [...]

District Metals Corp. ; reports that it has filed the independent NI 43-101 Technical Report for its 100%-owned Viken Energy Metals Property in Jämtland County, Sweden, related to the updated Mineral Resource Estimate for the Property announced on April 29, 2025. The Technical Report titled "Updated Mineral Resource Estimate and Technical Report on the Viken Energy Metals Project, Jämtland County, Sweden" was prepared by [...]

District Metals Corp. ; is pleased to announce the execution of a definitive purchase agreement dated June 3, 2025 for District's high grade copper-silver Bakar Property located on northern Vancouver Island in British Columbia with Sherpa II Holdings Corp. . Garrett Ainsworth, CEO of District, commented: "District's focus is clearly on our Swedish uranium and base metal polymetallic properties. The sale and full exit of [...]

District Metals Corp. is pleased to announce that Expert Geophysics Surveys Inc. has been retained to conduct a helicopter-borne Mobile MagnetoTellurics System survey at the Viken Property located in Jämtland County, central Sweden. The MobileMT survey will comprise between 1,387 to 2,346 line kilometers at 200 or 400 meter line spacing over the Viken Property in two phases. Phase 1 will aim to capture the conductive [...]

District Metals Corp. ; is pleased to report its results for the three and nine months ended March 31, 2025. All amounts are in Canadian dollars, unless otherwise noted. Financial and Operational Update The Company completed an updated mineral resource estimate pursuant to National Instrument 43-101 on the Viken Energy Metals Deposit, announced on April 29, 2025. Preparations are currently underway to conduct mineral [...]

District Metals Corp. ; is pleased to announce that it has closed its non-brokered private placement financing under the Listed Issuer Financing Exemption , whereby the Company raised C$6,000,000 through an offering of 22,222,221 common shares in the capital of the Company at C$0.27 per Share . The Shares offered under the Offering are not subject to a hold period in accordance with applicable Canadian securities laws [...]

District Metals Corp. is pleased to announce that it has updated its non-brokered private placement financing under the Listed Issuer Financing Exemption , whereby the Company now intends to raise up to C$6,000,000 through an offering of up to 22,222,222 common shares in the capital of the Company to be priced at C$0.27 per Share . The Shares offered under the Offering will not be subject to a hold period in accordance [...]

District Metals Corp. ; has fully allocated its C$5,000,000 non-brokered private placement financing under the Listed Issuer Financing Exemption of 18,518,518 common shares in the capital of the Company priced at C$0.27 per Share . The Shares offered under the LIFE Offering will not be subject to a hold period in accordance with applicable Canadian securities laws. The Company is pleased to announce its C$1,000,000 [...]

District Metals Corp. ; is pleased to announce a non-brokered private placement financing under the Listed Issuer Financing Exemption , 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 to be priced at C$0.27 per Share . The Shares offered under the LIFE Offering will not be subject to a hold period in accordance with applicable [...]

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 [...]