District signs definitive agreement to acquire 2.0% nsr royalty on viken energy metals deposit in sweden

Vancouver, british columbia--(newsfile corp. - january 8, 2025) - district metals corp. (tsxv: dmx) (otcqb: dmxcf) (fse: dfpp); ("district" or the "company") is pleased to announce that it has entered into a definitive royalty purchase agreement (the "purchase agreement") with an arm's length vendor (the "vendor") to acquire the 2.0% net smelter returns ("nsr") royalty previously granted by the company over the remaining four mineral licences (norra leden, norr viken, lill viken, and storviken) covering the viken deposit (figure 1) located in jÄmtland county, central sweden (see news release january 15, 2024). as a result, subject to closing, district's 100% owned viken deposit is now completely free of any nsr royalty.
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