District Metals - Boliden JV Ends, Uranium Moratorium News, Share Price Pop

August 25, 2025

Company

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.

KEReport

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