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District Metals Corp. V.DMX

Alternate Symbol(s):  DMXCF

Metals & Mining Industrial Metals & Minerals
District Metals Corp is a Canada-based mineral exploration company that is engaged in the business of acquiring, exploring, and evaluating natural resource properties. The Company's main focus is the high grade polymetallic Tomtebo Property located in the Bergslagen District in Sweden, which is situated between the historic Falun Mine and Boliden’s Garpenberg Mine. Two historic polymetallic mines and numerous showings are located on the Tomtebo Property along an approximate 17 km trend.


TSXV:DMX - Post by User

District Metals Corp.
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Post by Betteryear2on Feb 02, 2024 10:44am
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Post# 35859406

Closing $4.5 Million Bought Deal Private Placement

Closing $4.5 Million Bought Deal Private Placement Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has completed its previously announced bought deal private placement financing raising aggregate gross proceeds of C$4,510,000 (the "Offering"). Under the terms of the Offering, the Company issued an aggregate of 20,500,000 units (the "Units") at a price of C$0.22 per Unit (the "Offering Price"). The Offering was led by PI Financial Corp. ("PI Financial") as lead underwriter and bookrunner, on a behalf of a syndicate of underwriters including Haywood Securities Inc. (the "Underwriters").

District Metals Announces Closing $4.5 Million Bought Deal Private Placement Financing (newsfilecorp.com)
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