District Announces Q1 2026 Results

Core Insights - District Metals Corp. reported its financial results for the three months ended September 30, 2025, highlighting a cash position of $9.237 million [3] - The Swedish Parliament has repealed the moratorium on uranium exploration and mining, effective January 1, 2026, allowing the company to advance its exploration plans in Sweden [2] Financial Update - The company had $9.237 million in cash and cash equivalents as of September 30, 2025 [3] - The unaudited condensed interim consolidated financial statements for the period are available on SEDAR+ and the company's website [3] Operational Update - Following the repeal of the moratorium, the company is evaluating its plans for 2026, which may include fieldwork, airborne geophysics, drilling, and an economic study of the Viken Deposit [2] - The Viken Property is noted for containing the largest undeveloped Mineral Resource Estimate of uranium globally, along with significant resources of vanadium, molybdenum, nickel, copper, and zinc [6] Future Reporting - The company plans to report its second quarter results for the three and six months ended December 31, 2025, on February 27, 2026 [4] Company Overview - District Metals Corp. is focused on uranium polymetallic exploration and development, with a disciplined science-based approach aimed at creating shareholder value [5] - The company is recognized as a 2025 TSX Venture 50 company, ranking among the top-performing issuers on the TSX Venture Exchange in the past year [5]