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- Moratorium Repealed: Sweden officially ends its uranium ban, with new laws effective January 1, 2026.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
--------------------
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
