District Metals – Sweden Lifts Uranium Moratorium: Growth Plans For 2026
In this KE Report Company Update, Garrett Ainsworth, President and CEO of District Metals (TSX-V:DMX – OTCQB:DMXCF – Nasdaq First North:DMXSE SDB), joins us to discuss the historic repeal of Sweden’s uranium exploration and mining moratorium – a transformative move opening major opportunities across the company’s Swedish portfolio.
Key Discussion Highlights:
- Moratorium Repealed: Sweden officially ends its uranium ban, with new laws effective January 1, 2026.
- Major Boost for District Metals: The change allows full advancement of uranium-rich projects, including Viken and the portfolio of uranium projects.
- Next Steps: 2026 plans include drilling key targets, a PEA on Viken, and expanded field programs.
- Well-Funded: C$9M in cash plus C$2.7M in potential warrant proceeds.
- Strategic Optionality: Open to partnerships on non-core assets while advancing Viken 100%.
- Sector Momentum: Strong industry interest as new players move into Sweden’s uranium sector.
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.
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Could qualify as self fulfilling prophecy as all the minions mimic what the big boys are doing…..at over $200 Nvidia who didn’t question valuations???
Nvidia has been way overvalued long before it hit $200. Think about it a stock that has a market cap of one Trillion dollars is nuts let alone 5.3 Trillion $. The entire US stock market lost 10 billion $’s in 1929. Tech stocks are known for crazy evaluations but the pendulum this time has overswung beyond anything we saw in 1999, even if you take inflation and money printing into consideration. If you look at one dollar as being equal to one hour, one trillion dollars is equivalent to 114 million years, that would take us back to the beginning of the age of dinosaurs. LOL! DT NUTS ARE US! 🤣😊😍
A lot of money as well as gold has been moving out of Europe and into The US. That explains some of the pumped evaluations in The US stock market and in particular the Tech stocks. We saw that before the onset of WW1 and WW11. There is fear of a Nato-Russian War. This causes huge amounts of money to flow to perceived safety. DT
Michael Burry, famous for “The Big Short” has put a 1 billion$ short against Palantir and Nvidia. In the last 3 days Nvidia has lost $460 billion 595 million in market cap. Tomorrow should be interesting will the bargain hunters come back or will the selling continue. DT🧨