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

Cory
August 26, 2025

 

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.

Discussion
1 Comment
    8 hours ago

    Sold 1/4 position- UUUU – @ $13.30

    Reply

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