District Metals - Boliden JV Ends, Uranium Moratorium News, Share Price Pop
In this company update I welcome back Garrett Ainsworth, President & CEO of District Metals (TSX.V:DMX - OTCQB:DMXCF - Nasdaq First North: DMXSE SDB), to discuss the company’s latest news and strategy in Sweden.
🔹 Key Updates Covered in This Interview:
- Boliden’s decision to terminate the earn-in JV on the Tomtebo and Stollberg base metal projects in Sweden, with District retaining 100% ownership of Tomtebo.
- Why the share price surged on heavy volume despite the JV termination - short squeeze dynamics and renewed focus on uranium.
- Insights into Sweden’s pending uranium moratorium lift, including the August 27th government briefing and expected legislative timeline.
- Upcoming news flow from geophysical surveys across District’s uranium properties, including the Viken Project, the world’s largest undeveloped uranium deposit.
- District’s strong financial position (~C$9M cash) and strategy heading into 2026.
If you have any follow up questions for Garrett please email me at Fleck@kereport.com.
Click here to visit the District Metals website to learn more about the Company.
