District Metals Announces Closing $4.5 Million Bought Deal Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has completed its previously announced bought deal private placement financing raising aggregate gross proceeds of C$4,510,000 (the "Offering"). Under the terms of the Offering, the Company issued an aggregate of 20,500,000 units (the "Units") at a price of C$0.22 per Unit (the "Offering Price"). The Offering was led by PI Financial Corp....
2024-02-01 8:34 AM EST
District Closes Acquisition to Consolidate 100% of the Viken Energy Metals Deposit in Sweden, which contains an Historical Inferred Resource of 1.15 Billion Pounds of U3O8
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has closed the acquisition of the remaining four mineral licences (Figure 1) covering the Viken energy metals Deposit located in Jämtland County, central Sweden, that the Company did not already control. The Company now controls 100% of the mineral licences comprising the Viken Deposit. The Viken Deposit is the largest undeveloped Alum...
2024-01-15 8:30 AM EST
District to Consolidate 100% of the Viken Energy Metals Deposit in Sweden, which contains an Historical Inferred Resource of 1.15 Billion Pounds of U3O8
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has entered into a definitive asset purchase agreement (the "Purchase Agreement") with an arm's length vendor (the "Vendor") to acquire the remaining four mineral licences (Figure 1) covering the Viken energy metals Deposit located in Jämtland County, central Sweden, that the Company did not already control. As a result, subject to...
2024-01-03 8:30 AM EST
District Strengthens the Advisory Committee with the Appointment of Sophia Shane
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2023) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP) ("District" or the "Company") is pleased to announce the appointment of Sophia Shane as a Strategic Advisor for the Company.Sophia Shane brings decades of experience in capital markets, corporate development and investor relations to District following a career spanning nearly 30 years at the highly successful Lundin Group of Companies. At the Lundin Group, she was involved in all aspects...
2023-12-06 8:00 AM EST
District and Boliden Sign Definitive Agreement for Tomtebo and Stollberg Properties in Sweden
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2023) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce the Company and its Swedish subsidiary (District Metals AB) have executed a Definitive Agreement dated October 27, 2023 with Boliden Mineral AB ("Boliden"), an arms-length party. Pursuant to the Definitive Agreement, Boliden and District will collaborate in the development of District's wholly-owned polymetallic Tomtebo Property and Boliden's wholly-owned polymetallic Stollberg Property.Initially, Boliden will be...
2023-10-30 8:30 AM EDT
District Announces Trading on OTCQB Venture Market
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to report that the Company has qualified to trade on the OTCQB and has begun trading under the symbol DMXCF. District's common shares will continue to trade on the TSX Venture Exchange under the symbol DMX, as well as on the Frankfurt Stock Exchange under the symbol DFPP.Garrett Ainsworth, CEO of District, commented: "We expect...
2023-09-12 8:00 AM EDT
District Receives Approval of Nianfors Mineral License Applications in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2023) - District Metals Corp. (TSXV: DMX) (FRA: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from Bergsstaten (Mining Inspectorate) for the Nianfors nr 1 and 2 mineral license applications to explore for copper, zinc, molybdenum, yttrium and other rare earth elements (REEs) located in the Gävleborgs County, central Sweden (Figure 1).The Nianfors mineral licenses are in good...
2023-09-05 8:00 AM EDT
District Receives Approval of Sågtjärn Mineral License Applications in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Sågtjärn nr 101 and 102 mineral license applications to explore for copper, zinc, lead silver, gold, molybdenum and cobalt over a 4,068 hectare (ha) area located in the Jämtland and Västernorrland Counties in central Sweden...
2023-07-31 8:00 AM EDT
District Receives Approval of the Ardnasvarre Mineral License Application in Northern Sweden and Notes Recent Media Report Regarding Support for Uranium Mining and Exploration in Sweden
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Ardnasvarre nr 1 mineral license application to explore for copper, molybdenum, zirconium, and rare earth elements (REE) over a 9,708 hectare (ha) area located in Norrbottens County, northern Sweden (Figure 1). The Ardnasvarre Property hosts...
2023-06-22 8:00 AM EDT
District Receives Approval of Tåsjö Mineral License Applications in North-Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Tåsjö nr 101 to 105 mineral license applications to explore for vanadium, nickel, molybdenum, zinc, and rare earth elements (REE) located in the Jämtland and Västerbottens Counties, north-central Sweden (Figure 1). Similarly to District's Viken...
2023-05-30 8:30 AM EDT
District Receives Approval of Additional Viken Mineral License Applications in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 2 and 3 mineral license applications that covers the area to the south and north of the original Viken nr 1 mineral license application that encompasses 68% of the polymetallic Viken Deposit located...
2023-05-03 8:00 AM EDT
District Receives Approval of Mineral License Application that Encompasses the Majority of the Polymetallic Viken Deposit in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 1 mineral license application that covers approximately 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden (Figure 1). The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit in...
2023-04-12 8:00 AM EDT
District Comments on the Status of the Uranium Moratorium in Sweden
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") commented on January 25, 2023, that Swedish media had reported that a majority of the Swedish Parliament had resolved to allow for exploration and mining of uranium in Sweden. This previously announced majority by the Swedish Parliament led to the commencement of suggestions, preparation, and the debate of a motion to officially lift the moratorium on uranium exploration and mining...
2023-03-31 4:00 PM EDT
District Applies for Additional Mineral Licenses to Increase Land Position to the North and South of the Polymetallic Viken Mineral License in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - March 7, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has applied for additional mineral licenses covering the area to the south and north of the original Viken nr 1 mineral license application that covers 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden (Figure 1). If granted, the additional licenses will...
2023-03-07 8:00 AM EST
District Metals Announces Closing of $3 Million Brokered Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") has closed its previously announced brokered private placement financing pursuant to an agency agreement with PI Financial Corp. and Haywood Securities Inc. (together, the "Agents"), raising aggregate gross proceeds of $3,000,000 (the "Offering"). Under the terms of the Offering, the Company issued a total of 20,000,000 units (the "Units") at a price of $0.15 per Unit.Garrett Ainsworth, President & CEO of...
2023-03-02 8:38 AM EST
District Metals Announces $3 Million Brokered Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that it has entered into an agreement with PI Financial Corp. (the "Agent") to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Haywood Securities Inc (together with the Agent, the "Agents"), for a marketed best efforts private placement of up to 20,000,000 units (the "Units"), at a price of C$0.15...
2023-01-30 8:00 AM EST
District Comments on Recent Media Reports to Lift the Uranium Moratorium in Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to note that Swedish media has reported that a majority of the Swedish Parliament has resolved to allow for exploration and mining of uranium in Sweden. On January 19, 2023, The Liberals, a member of the current Swedish governing coalition, internally voted to support the lifting of the moratorium in place since 2018. A motion from...
2023-01-25 8:00 AM EST
District Applies for Mineral License That Encompasses the Majority of the Polymetallic Viken Deposit in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has applied for a 2,302 hectare mineral license (Figure 1) to explore for vanadium, nickel, molybdenum, zinc, and other elements, covering approximately 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden. The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc...
2023-01-05 8:00 AM EST
District Reports on Historic Drill Results from the Svärdsjö Property Including 15.6 m at 13.3% ZnEq
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report on compilation work from historical exploration data at the high grade polymetallic Svärdsjö Property located in the Bergslagen Mining District in south-central Sweden. The Mining Inspectorate of Sweden (Bergsstaten) recently relinquished exploration data from Swedish mining company, Boliden, after a confidentiality period of three years. Review of this historical data, in combination with the recently flown...
2022-12-14 8:00 AM EST
District Reports on Positive Soil Sampling Results from the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report on the results from a detailed soil sampling program at the polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden.Soil samples were recovered from four target zones (North zone extension, South zone extension, Gyllingen, and Backen) identified by historic data compilation and geophysical anomalies (conductive and magnetic) from our SkyTEM survey flown in...
2022-11-22 8:00 AM EST