District Announces 2025 Year End Results

Core Viewpoint - District Metals Corp. reported positive results from mineral exploration activities and financial updates for the year ended June 30, 2025, highlighting its focus on the Viken and Tomtebo properties in Sweden [2][4][7]. Financial and Operational Update - The Company announced positive results from its airborne Mobile Magnetotelluric survey at the Viken Property, which will help prioritize target areas outside the 2025 mineral resource estimate [2]. - The Company also completed UAV radiometric and magnetic surveys at the Sågtjärn and Nianfors Properties, leading to the submission of mineral license applications to expand the license areas [2]. - As of June 30, 2025, the Company had cash and cash equivalents of CAD 9.740 million, including CAD 0.221 million advanced from Boliden Mineral AB [10]. Joint Venture Update - On August 25, 2025, Boliden Mineral AB notified the Company of the termination of the earn-in and joint venture agreement concerning the Tomtebo and Stollberg properties [3]. Upcoming Reports - The Company plans to release its results for the three months ended September 30, 2025, on November 28, 2025 [5]. Company Overview - District Metals Corp. is focused on exploring and developing mineral properties, particularly the Viken and Tomtebo Properties in Sweden, which contain significant mineral resources including uranium, vanadium, molybdenum, nickel, copper, and zinc [6][7]. - The Viken Property is noted for having the largest undeveloped mineral resource estimate of uranium globally [7]. - The Tomtebo Property is located in a historically rich mining district, situated between the Falun Mine and Boliden's Garpenberg Mine [8].