District Metals - Trading On The Nasdaq First Growth Market, Acquire 2% NSR Royalty On Viken Deposit, Swedish Uranium Moratorium Update
Garrett Ainsworth, President and CEO of District Metals (TSX.V:DMX - OTCQB:DMXCF - FRA: DFPP) joins me to discuss the Company’s recent listing on the Nasdaq First North Growth Market in Sweden, which began trading on January 23rd, and the acquisition of a royalty on the Viken Deposit.
Garrett explains the uniqueness of District Metals being one of the few mining companies listed on this Swedish market and discusses strategic steps for marketing and building company presence in Sweden. He also shares details on the trading volume and valuation gap between the TSX.V listing.
The episode also covers the Company's acquisition of a 2 percent NSR royalty on the Viken Energy Metals Deposit, emphasizing the importance of having no royalties to maximize project value.
Additionally, Ainsworth provides an update on the potential lifting of Sweden's uranium moratorium, detailing the consultation process and the proposed timeline for legislative changes. He underlines how this legislative shift could significantly impact District Metals' five uranium polymetallic projects in Sweden.
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.
