District Metals Corp. ; is pleased to announce that it has entered into a definitive asset purchase agreement with an arm's length vendor to acquire the remaining four mineral licences covering the Viken energy metals Deposit located in Jämtland County, central Sweden, that the Company did not already control. As a result, subject to closing, the Company now controls 100% of the mineral licences comprising the Viken [...]
District Metals Corp. 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 of marketing, branding, shareholder [...]
District Metals Corp. ; is pleased to announce the Company and its Swedish subsidiary have executed a Definitive Agreement dated October 27, 2023 with Boliden Mineral AB , 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 [...]
District Metals Corp. ; 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 that trading on the OTCQB market in the United States will [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB has received approval from Bergsstaten for the Nianfors nr 1 and 2 mineral license applications to explore for copper, zinc, molybdenum, yttrium and other rare earth elements located in the Gävleborgs County, central Sweden . The Nianfors mineral licenses are in good standing for a three-year term that ends on June 30, 2026. Renewal for an additional [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB has received approval from the Bergsstaten 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 area located in the Jämtland and Västernorrland Counties in central Sweden . The Sågtjärn mineral licenses are in good standing for a three-year term that ends [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB has received approval from the Bergsstaten for the Ardnasvarre nr 1 mineral license application to explore for copper, molybdenum, zirconium, and rare earth elements over a 9,708 hectare area located in Norrbottens County, northern Sweden The Ardnasvarre Property hosts several uranium, lead-zinc-silver and copper mineralized occurrences that were [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB has received approval from the Bergsstaten for the Tåsjö nr 101 to 105 mineral license applications to explore for vanadium, nickel, molybdenum, zinc, and rare earth elements located in the Jämtland and Västerbottens Counties, north-central Sweden . Similarly to District's Viken Property that controls 68% of the uranium-vanadium Viken Deposit, the [...]
District Metals Corp. is pleased to report that Bergslagen Metals AB has received approval from the Bergsstaten 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 in Jämtland County, central Sweden . The Viken Deposit is the largest undeveloped Alum Shale [...]
District Metals Corp. is pleased to report that Bergslagen Metals AB has received approval from the Bergsstaten for the Viken nr 1 mineral license application that covers 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 deposit in Sweden, and amongst the largest deposits by [...]
District Metals Corp. ; 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 in Sweden. The [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB 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 . If granted, the additional licenses will applications will increase the area of the Viken Property from 2,302 hectares [...]