District Completes Airborne MobileMT Survey at the Viken Property and Commences MobileMT at the Alum Shale Properties in Sweden
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce the completion of a helicopter-borne Mobile MagnetoTellurics System ("MobileMT") survey at the Viken Property, and now the MobileMT system has been moved to the Alum Shale Properties (Figure 1) located in the Jämtland and Västerbottens Counties, north-central Sweden.The MobileMT survey initially commenced at the Viken Property in on June...
2025-06-24 2:00 AM EDT
District Comments on Uranium Mining Announcement from the Swedish Government
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") 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"). 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...
2025-06-16 2:00 AM EDT
District Files NI 43-101 Technical Report for the Viken Deposit Mineral Resource Estimate in Sweden
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") 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 ("MRE") for the Property announced on April 29, 2025.The Technical Report titled "Updated Mineral Resource Estimate and Technical Report on the Viken Energy Metals...
2025-06-13 2:58 PM EDT
District Executes Agreement to Sell Remaining Ownership of the Bakar Property on Northern Vancouver Island, British Columbia
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce the execution of a definitive purchase agreement (the "Agreement") dated June 3, 2025 for District's high grade copper-silver Bakar Property ("Bakar" or the "Property") located on northern Vancouver Island in British Columbia with Sherpa II Holdings Corp. ("Sherpa II") (TSXV: SHRP).Garrett Ainsworth, CEO of District, commented: "District's focus is...
2025-06-04 2:00 AM EDT
District Commences Airborne MobileMT Survey at the Viken Property in Sweden
Vancouver, British Columbia--(Newsfile Corp. - June 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 Expert Geophysics Surveys Inc. ("EGS") has been retained to conduct a helicopter-borne Mobile MagnetoTellurics System ("MobileMT") survey at the Viken Property (Figure 1) 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...
2025-06-03 2:00 AM EDT
District Announces Q3 2025 Results
Vancouver, British Columbia--(Newsfile Corp. - May 29, 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 nine months ended March 31, 2025. All amounts are in Canadian dollars, unless otherwise noted.Financial and Operational UpdateThe Company completed an updated mineral resource estimate pursuant to National Instrument 43-101 ("NI 43-101") on the Viken Energy Metals Deposit, announced on April 29, 2025.Preparations...
2025-05-29 12:09 AM EDT
District Announces Closing of $6 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 21, 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 non-brokered private placement financing under the Listed Issuer Financing Exemption (as defined below), whereby the Company raised C$6,000,000 through an offering of 22,222,221 common shares in the capital of the Company (the "Shares") at C$0.27 per Share (the "Offering"). The Shares offered under the...
2025-05-21 5:00 PM EDT
District Announces Update to $6 Million Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - May 15, 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 updated its non-brokered private placement financing under the Listed Issuer Financing Exemption (as defined below), 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 (the "Shares") to be priced at C$0.27...
2025-05-15 5:00 PM EDT
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 not be subject to a hold period...
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 Share (the "LIFE...
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 Indicated MRE the Viken Energy Metals Deposit is...
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 area (Figure 1)....
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 historic Gränsgruvan...
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 exemptive relief to continue to be a "venture...
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 afterward on Direkt Studios' YouTube channel. No registration is...
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 UpdateThe Company commenced an updated mineral resource estimate and related report pursuant to National Instrument 43-101 ("NI 43-101") on the Viken Energy Metals Deposit that was announced on...
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 demonstrated notable results...
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 the operator of the...
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 Inc. carried out substantial exploration and development work...
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 news release January 8, 2025). ...
2025-02-03 2:00 AM EST