District Metals Corp. is pleased to report on assay results for the six drill holes from the Spring 2024 drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A total of 2,196 m in six drill holes was completed during this drill program that was carried out from mid-February [...]
District Metals Corp. is pleased to provide a corporate update on fieldwork activities on our Swedish mineral properties, preparation for a potential secondary listing on the Nasdaq First North Growth Market in Sweden, and District's comments on the status of the uranium moratorium in Sweden. Garrett Ainsworth, CEO of District, commented: "We are [...]
District Metals Corp. ; is pleased to announce key appointments that will strengthen and expand the Company's operational efficiency in Sweden, and international marketing prowess. Hein Raat has been appointed as Vice President Exploration, which is key role given District's ongoing collaboration with Boliden Mineral AB on the polymetallic Tomtebo [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB has received final approvals from the Bergsstaten for the Viken nr 4, Tåsjö nr 106 to 108, Malgomaj nr 1001 to 1003, and Österkälen nr 101 mineral license applications to explore for vanadium, nickel, molybdenum, zinc, rare earth elements , and other elements located in the [...]
District Metals Corp. ; is pleased to provide an update on the recently completed core drilling program at the Tomtebo Property located in the Bergslagen Mining District of south-central Sweden. Drilling at the Tomtebo Property is part of the CDN $2.0M budget for exploration on the Tomtebo and Stollberg Properties approved by District and Boliden [...]
District Metals Corp. is pleased to report that Bergslagen Metals AB has applied for eight mineral licenses covering a total area of 91,470 hectares . These applications target Alum Shale deposits, and have been registered with Bergsstaten to permit the exploration of vanadium, nickel, molybdenum, zinc, and other elements located in central and [...]
District Metals Corp. is pleased to highlight a press release issued by the Swedish Ministry for Climate and the Environment on February 23, 2024, which states that a rapid investigation will commence with the purpose "to remove a ban that is not needed." The press release further states that an "Inquiry Chair will now be tasked with investigating [...]
District Metals Corp. is pleased to announce that District and Boliden Minerals AB have approved an exploration budget of CDN $2.0M on the Tomtebo and Stollberg Properties for 2024. District is the operator of the Tomtebo-Stollberg collaboration, and the Company has commenced core drilling at the high grade polymetallic Tomtebo Property located in [...]
District Metals Corp. ; 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 . Under the terms of the Offering, the Company issued an aggregate of 20,500,000 units at a price of C$0.22 per Unit . The Offering was led by PI Financial Corp. as [...]
District Metals is pleased to announce that it has closed the acquisition of the remaining four mineral licences 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 [...]
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 [...]
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 [...]