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District Metals – Sweden Lifts Uranium Moratorium: Growth Plans For 2026

Cory
November 6, 2025

 

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  • Moratorium Repealed: Sweden officially ends its uranium ban, with new laws effective January 1, 2026.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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Discussion
1 Comment
    11 hours ago

    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🧨

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