District Metals Corp.
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- District Metals Corp. (TSX-V: DMX; Nasdaq First North: DMXSE SDB; OTCQX: DMXCF) engages in the acquisition, exploration, and evaluation of mineral resource properties focused on polymetallic deposits rich in uranium, vanadium, molybdenum, nickel, copper, zinc, lead, silver, and rare earth elements; it holds 100% interest in the flagship Viken Property in Jämtland County, Sweden, which hosts the world's largest undeveloped uranium mineral resource estimate alongside significant vanadium, molybdenum, nickel, copper, and zinc resources, as well as the advanced exploration-stage Tomtebo Property spanning 5,144 hectares in the Bergslagen Mining District of south-central Sweden featuring volcanogenic massive sulfide and sedimentary exhalative polymetallic mineralization trends; additional properties include the 100%-owned Gruvberget covering 5,286 hectares and Svärdsjö in the same district, 20% interest in the Bakar Property on North Vancouver Island, Canada, and recently approved licenses for Alum Shale Properties, Ardnasvarre, Sågtjärn, and Nianfors in Sweden. The Vancouver-based company, founded in 1989 as MK2 Ventures Ltd. and renamed District Metals Corp. in July 2019 with headquarters at 1030 West Georgia Street Suite 907, primarily targets institutional and retail investors in the critical minerals sector through operations centered in Sweden and Canada. Recent developments include closing the acquisition to consolidate 100% ownership of the Viken Energy Metals Deposit in early 2024, completing a $4.5 million bought deal private placement financing in January 2024 following an upsized offering, receiving approvals for additional mineral licenses over Alum Shale Properties, Sågtjärn, and Nianfors in 2023-2024, appointing Hein Raat as Vice President Exploration and Rita Bennett as Strategic Advisor in May 2024, ranking as a 2025 TSX Venture 50 top performer, and scheduling a presentation by President and CEO Garrett Ainsworth at the Precious Metals & Critical Minerals Virtual Investor Conference on December 3, 2025.
District Metals subsidiary Bergslagen Metals AB gets go-ahead to explore in Sweden
District Metals subsidiary gets approval for REEs exploration in Sweden
District Metals expands Viken polymetallic project in Sweden with approval of mineral license applications
District Metals says subsidiary receives approval of mineral license application for Viken deposit in Sweden
District Metals subsidiary Bergslagen Metals applies to expand polymetallic Viken deposit in Sweden
District Metals subsidiary Bergslagen Metals AB applies to expand polymetallic Viken deposit in Sweden
District Metals to execute C$3M private placement to fund exploration at its polymetallic properties in Sweden
District Metals welcomes media reports that Sweden is moving towards lifting moratorium on uranium
District Metals applies for mineral license to explore majority of the polymetallic Viken Deposit in Sweden
District Metals gets welcome news from newly released historical data for its Svärdsjö property
District Metals reports on positive soil sampling results from the Gruvberget property in Sweden