Business
District Announces Trading on OTCQB Venture Market
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - District Metals Corp. (TSXV...
About this update from District Metals Corp.
[{"type":"text","content":"District Announces Trading on OTCQB Venture MarketVancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); (\"District\" or the \"Company\") is pleased to report that the Company has qualified to trade on the OTCQB and has begun trading under the symbol DMXCF. District's common shares will continue to trade on the TSX Venture Exchange under the symbol DMX, as well as on the Frankfurt Stock Exchange under the symbol DFPP.Garrett Ainsworth, CEO of District, commented: \"We expect that trading on the OTCQB market in the United States will help increase the Company's visibility to U.S. investors and potentially help improve liquidity to our shareholders and broaden our investor base. Our new OTCQB listing will provide easier access and exposure to District as we continue to explore and develop our polymetallic properties in Sweden with our highly experienced technical team.\"About the OTC Markets Group Inc.OTC Markets Group Inc. (\"OTC Markets\") operates the OTCQX Best Market, the OTCQB Venture Market, and the Pink Open Market for 12,000 U.S. and global securities. Through its regulated OTC Link Alternative Trading Systems, OTC Markets connects a diverse network of broker-dealers that provide liquidity and execution services. OTC Markets enables investors to easily trade through the broker of their choice and empowers companies to improve the quality of information available for investors.About District Metals Corp.District Metals Corp. is led by industry professionals with a track record of success in the mining industry. The Company's mandate is to seek out, explore, and develop prospective mineral properties through a disciplined science-based approach to create shareholder value and benefit other stakeholders.District is a polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. The Viken Property covers 68% of the uranium-vanadium Viken Deposit, which is an asset with substantial exploration and development expenditures that resulted in the definition of large historic polymetallic resource estimates and positive economic studies in 2010 and 2014. The Viken Deposit is amongst the largest deposits by total historic mineral resources of uranium and vanadium in the world.The advanced exploration stage Tomtebo P...