District Metals – $4.5Mil Financing Closed With Large Investors, Budget For Boliden’s Earn-In At Tomtebo and Stollberg

February 22, 2024

Garrett Ainsworth, President and CEO of District Metals (“District” or the “Company”) (TSX.V:DMX – OTCQB:DMXCF – FRA:DFPP) joins me to recap the recent $4.5million financing and the 2024 exploration budget approval for the District Metals and Boliden Joint Technical Committee at the Tomtebo and Stollberg Properties in Sweden.


On the financing front I have Garrett outline some of the well known investors that participated. I also ask about the Company’s strategy this year with the new funds.


We then discuss the Joint Technical Committee, with Boliden, that recently approved a C$2million budget for the Tomtebo and Stollberg Properties in Sweden.


In addition, we discussed the current situation on the moratorium on uranium in Sweden.


If you have any follow up questions for Garrett please email me at



Click here to visit the District website to learn more about the Company.


1 Comment
    Feb 22, 2024 22:36 PM

    My question to Garrett is with regards to social license for their uranium project. Looking at the land in GoogleEarth, it appears to be a picturesque farming community that has high value to the local people. Are these farmers in favour of having a uranium mine situated next door to their properties or to be bought out, or is this information not well known by DMX. Thank you.