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District Metals - Boliden JV Ends, Uranium Moratorium News, Share Price Pop

Author
KE Report
Published
Tue 26 Aug 2025
Episode Link
https://kereport.podbean.com/e/district-metals-boliden-jv-ends-uranium-moratorium-news-share-price-pop/

In this company update I welcome back Garrett Ainsworth, President & CEO of District Metals (TSX.V:DMX - OTCQB:DMXCF - Nasdaq First North: DMXSE SDB), to discuss the company’s latest news and strategy in Sweden.


🔹 Key Updates Covered in This Interview:



  • Boliden’s decision to terminate the earn-in JV on the Tomtebo and Stollberg base metal projects in Sweden, with District retaining 100% ownership of Tomtebo.


  • Why the share price surged on heavy volume despite the JV termination - short squeeze dynamics and renewed focus on uranium.


  • Insights into Sweden’s pending uranium moratorium lift, including the August 27th government briefing and expected legislative timeline.


  • Upcoming news flow from geophysical surveys across District’s uranium properties, including the Viken Project, the world’s largest undeveloped uranium deposit.


  • District’s strong financial position (~C$9M cash) and strategy heading into 2026.


 


If you have any follow up questions for Garrett please email me at [email protected]


Click here to visit the District Metals website to learn more about the Company.

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