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 [...]
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 [...]
