District Metals is pleased to announce that District and Boliden Minerals AB 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 Tomtebo-Stollberg collaboration, and the Company has commenced core drilling at the high grade [...]
District Metals is pleased to announce that it has retained P&E Mining Consultants Inc. to prepare a resource estimate and related report pursuant to National Instrument 43-101 on the Viken Energy Metals Deposit located in Jämtland County, central Sweden. Continental Precious Minerals Inc. carried out substantial exploration and development work on the Viken Deposit from 2008 to 2014. This work resulted in the definition [...]
District Metals is pleased to announce that it has closed its previously announced acquisition of the 2.0% net smelter returns royalty over the remaining four mineral licences covering the Viken Deposit. As a result, District's 100% owned Viken Deposit is now completely free of any NSR royalty. Pursuant to the definitive royalty purchase agreement, District acquired the 2.0% NSR from an arm's length vendor for a purchase [...]
District Metals is pleased to announce that the Company has received confirmation that its Nasdaq First North Growth Market listing application has been approved. As a result, District's depositary receipts will begin trading on Nasdaq First North at market open on January 23, 2025, under the symbol "DMXSE SDB". Swedish depositary receipts are financial instruments issued by a Swedish bank representing shares in a [...]
District Metals Corp. On Thursday Dec 12, 2024 Nasdaq Stockholm AB approved Districts application for admission to trading the Company's depositary receipts on the Nasdaq First North Growth Market. Today, Jan 17, 2025, the Company publishes a Company Description, in accordance with Nasdaq First North rules for application. The preliminary day for the first day of trading on Nasdaq First North is set to be January 23 [...]
District Metals is pleased to announce that it has entered into a definitive royalty purchase agreement with an arm's length vendor to acquire the 2.0% net smelter returns royalty previously granted by the Company over the remaining four mineral licences covering the Viken Deposit. As a result, subject to closing, District's 100% owned Viken Deposit is now completely free of any NSR royalty. Pursuant to the Purchase [...]
District Metals is pleased to announce that the Swedish Ministry of Climate and Enterprise issued a press release on December 20, 2024 and made public the results of the inquiry into lifting the uranium moratorium that commenced on February 15, 2024. The press release further states that the purpose of the inquiry was to assess and provide proposals necessary to allow for the resumption of uranium extraction in Sweden. In [...]
District Metals is pleased to announce that the Company has received conditional approval for the listing of its Swedish depository receipts on the Nasdaq First North Growth Market. Swedish depository receipts are financial instruments issued by a Swedish bank representing shares in a non-Swedish company. This conditional approval is subject to the completion of customary conditions that include: 1) That the Company [...]
District Metals is pleased to report the voting results for the Company's annual general and special meeting of shareholders held on Dec 12, 2024, in Vancouver, British Columbia. A total of 11,885,478 common shares were voted at the meeting, representing 9.10% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the election of all [...]
District Metals in connection with its application for a secondary listing of its shares on the Nasdaq First North Growth Market in Sweden, District is pleased to provide a corporate update. The Company's objective is to complete the listing and start trading on the Nasdaq First North Growth Market before the end of 2024, as stated in the Company's previous news release on Nov 18, 2024. Swedish Mineral Properties District [...]
District Metals Corp. ; is excited to announce that it has initiated the process of applying for a secondary listing of its shares on the Nasdaq First North Growth Market in Sweden . The Company's objective is to complete the listing and start trading on the Nasdaq before the end of 2024. District has recently experienced a notable increase in the number of Swedish shareholders on its share registry. The Company [...]
District Metals Corp. is pleased to highlight Swedish Parliament meeting records from the Committee on European Union Affairs on October 11, 2024. These Swedish Parliament meeting records are of particular importance to District and its shareholders given the Company's 100% ownership of the Viken Energy Metals Deposit in Sweden, which is amongst the largest deposits of uranium and vanadium, based on total historic mineral [...]