The KE Report

District Metals - $6M Financing Fully Subscribed, Strategic Focus on Swedish Uranium Projects

Listen Later

District Metals (TSX.V:DMX - OTCQB:DMXCF - Nasdaq First North:DMXSE SDB) has secured its largest financing to date - a fully subscribed $6 million private placement, priced at $0.27 per share under the LIFE (Listed Issuer Financing Exemption) offering.

 

President and CEO Garrett Ainsworth joins me to provide insights into the raise, investor interest, and how this funding strengthens District’s position heading into a critical phase of uranium exploration in Sweden.

 

Key topics discussed include:

  • The strategic nature of the raise, with ~$3M coming from a well-known but undisclosed investor group and the rest from Swedish family offices and funds.

  • The financing’s objective to expand the Nasdaq shareholder base and support near-term exploration across five Swedish uranium properties.

  • Details on upcoming airborne geophysical and radiometric surveys, and the news flow expected this summer.

  • Commentary on the pending judicial review and September vote to lift Sweden’s uranium moratorium.

  • Market reaction and strong demand: the financing was oversubscribed with $9M in interest and no warrants attached.

  • Recap of the recent Viken resource estimate, the second-largest uranium resource globally.

    • Upcoming catalyst: Judicial review of uranium moratorium legislation expected in May; Swedish Parliament vote in September 2025, airborne geophysics on the uranium projects. 


    Click here to visit the District Metals Website

    ...more
    View all episodesView all episodes
    Download on the App Store
    The KE ReportBy KE Report
    • 4.3
    • 4.3
    • 4.3
    • 4.3
    • 4.3

    4.3

    11 ratings

    More shows like The KE Report

    View all
    The Peter Schiff Show Podcast by Peter Schiff

    The Peter Schiff Show Podcast

    5,684 Listeners

    Macro Voices by Hedge Fund Manager Erik Townsend

    Macro Voices

    3,075 Listeners

    Financial Sense(R) Newshour by Jim Puplava

    Financial Sense(R) Newshour

    377 Listeners

    Sprott Money News by Sprott Money

    Sprott Money News

    148 Listeners

    Quoth the Raven by Quoth the Raven

    Quoth the Raven

    932 Listeners

    Mining Stock Daily by Trevor Hall

    Mining Stock Daily

    93 Listeners

    Palisades Gold Radio by Collin Kettell

    Palisades Gold Radio

    251 Listeners

    Value Hive Podcast by Brandon Beylo

    Value Hive Podcast

    91 Listeners

    The Grant Williams Podcast by Grant Williams

    The Grant Williams Podcast

    1,352 Listeners

    Doug Casey's Take by Matthew Smith

    Doug Casey's Take

    121 Listeners

    Wealthion - Be Financially Resilient by Wealthion

    Wealthion - Be Financially Resilient

    376 Listeners

    Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

    Thoughtful Money with Adam Taggart

    408 Listeners

    The Julia La Roche Show by Julia La Roche

    The Julia La Roche Show

    59 Listeners

    The David Lin Report by The David Lin Report

    The David Lin Report

    46 Listeners

    Monetary Matters with Jack Farley by Jack Farley

    Monetary Matters with Jack Farley

    145 Listeners