District Metals – $4.5Mil Financing Closed With Large Investors, Budget For Boliden’s Earn-In At Tomtebo and Stollberg
Garrett Ainsworth, President and CEO of District Metals (“District” or the “Company”) (TSX.V:DMX – OTCQB:DMXCF – FRA:DFPP) joins me to recap the recent $4.5million financing and the 2024 exploration budget approval for the District Metals and Boliden Joint Technical Committee at the Tomtebo and Stollberg Properties in Sweden.
On the financing front I have Garrett outline some of the well known investors that participated. I also ask about the Company’s strategy this year with the new funds.
We then discuss the Joint Technical Committee, with Boliden, that recently approved a C$2million budget for the Tomtebo and Stollberg Properties in Sweden.
In addition, we discussed the current situation on the moratorium on uranium in Sweden.
If you have any follow up questions for Garrett please email me at [email protected].
