Slide 1: Corporate Presentation
Corporate Presentation VIKEN URANIUM-VANADIUM ALUM SHALE PROPERTY August 2025 TOMTEBO POLYMETALLIC VMS / SEDEX PROPERTY TSX-V: DMX Corporate TSX-V: Presentation DMX OTCQB: | DFPP DMXCF FRA: August 2025 DMXSE SDB1 NASDAQ:
Slide 2: Cautionary Statement Regarding Forward Looking Information
Cautionary Statement Regarding Forward Looking Information This docume nt has been prepa re d by District Metals Corp. (“District” or the “Compa ny”) solely for the use in conne ction with the future; the Compa ny’s limited operating history; the Company’s negative operating cash flow and dependence
Slide 3: District Metals: Sweden's Energy Metals Company
District Metals: Sweden’s Energy Metals Company Management and Board have a track Focused within prolific mineral districts in record of success from mineral Sweden, a geopolitically stable and discoveries through to production. established pro-mining jurisdiction. 100% ownership of the Viken Deposi
Slide 4: Management, Board, and Advisors
Management, Board, and Advisors Management Board Technical & Strategic Advisory Garrett Ainsworth President & CEO, Joanna Cameron Galen McNamara Non-Independent Director Independent Director Technical Advisor Alpha Minerals, NexGen Energy NexGen Energy, Osler LLP NexGen Energy, Summa Silver Marlis Y
Slide 5: Share Structure
Share Structure July 31, 2025 4.3% 15.5% Management & Insiders Basic Shares Issued 165,880,381 Retail Stock Options 13,365,000 (Exercise price at $0.17-$0.46) 925,000 RSUs 675,000 DSUs Warrants 10,452,500 Expiry date Exercise price Warrants outstanding March 2, 2026 $ 0.20 and exercisable 2,492,500
Slide 6: Sweden - A Top Mining Jurisdiction
Sweden - A Top Mining Jurisdiction Deep-rooted history of metals mining, production, and manufacturing, with strong support from government and communities. • Mining activities date back • Boliden (significant polymetallic 2400 years1. producers), BHP, Agnico Eagle, LKAB, and Mandalay Resources - •
Slide 7: Uranium Polymetallic Properties
Uranium Polymetallic Properties TSX-V: DMX Corporate Presentation | August 2025
Slide 8: Sweden Has Shifted to Pro-Nuclear
Sweden Has Shifted to Pro-Nuclear Energy security has become an absolute priority for Sweden & other countries in Europe. • Sweden’s new government • A moratorium on uranium has indicated strong support mining and exploration for nuclear power: New center- imposed in 2018. Swedish right coalition go
Slide 9: History and Path to Proposed Lifting of Uranium Moratorium
History and Path to Proposed Lifting of Uranium Moratorium August 1 February 15 March 20 January 1 Moratorium on Swedish Government Written consultation Proposed change uranium mining put commenced inquiry process on inquiry to legislation to into legislation into lifting uranium ban results to be a
Slide 10: Viken Property - Central Sweden
Viken Property - Central Sweden District has consolidated 100% ownership of the Viken Energy Metals Deposit • Located in Jämtland County about • District completed an updated 570 km NW of Stockholm, with mineral resource estimate in 2025. excellent infrastructure including • Despite the current mora
Slide 11: 2025 Viken Deposit Mineral Resource Estimates
2025 Viken Deposit Historical Mineral Resource Estimates (1-8) Tonnes U3O8 V2O5 Mo Ni Cu Zn P2O5 Ce2O3 Y2O3 La2O3 K2O (Million) Ppm Ppm Ppm Ppm Ppm Ppm Ppm Ppm Ppm Ppm Ppm Indicated 456 175 2,836 257 330 113 411 2,461 88 492 7 3.84 Pounds (Million) Tonnes (Million) Contained 176 2,851 258 332 114 41
Slide 12: Sågtjärn Uranium Property
Sågtjärn Uranium Property • Contains the Sågtjärn Uranium Deposit and numerous other uranium occurrences. • The Sågtjärn Deposit has an historical inferred mineral resource estimate of 756,000 tonnes grading 0.068% U 3O8 containing 1,137,585 lbs of U3O8 using a 200 ppm uranium cut off. • The Sågtjär
Slide 13: Nianfors Uranium Property
Nianfors Uranium Property • Contains the Majsaberget uranium-yttrium-molybdenum occurrence that consists of 889 mineralized boulders over an approximate area of 500 m by 200 m 1,4. • Assays from the Majsaberget mineralized boulders returned a weighted average of 0.16% U 3O8 and 0.08% Y1,4. • A 1982
Slide 14: Ardnasvarre Uranium Property
Ardnasvarre Uranium Property • Straddles the unconformity • A single hole (LAB08-001) drilled in between exposed Svecofennian 2008 by Continental Precious basement rocks and overlying Minerals returned 7.0m at 0.17% Caledonide sedimentary rocks U3O8 from 50.0 to 57.0m, including where targets includ
Slide 15: Alum Shale Properties
Alum Shale Properties • The Tåsjö nr 101 to 108, Malgomaj nr • The Tåsjö area hosts one of 1001 to 1003, and Österkälen nr 101 the thickest units of Alum mineral licenses are highly Shale in Sweden that can prospective for Alum Shale energy reach up to 400 meters in metals deposit targets1. thicknes
Slide 16: Polymetallic Properties (Zn-Pb-Ag-Cu-Au)
Polymetallic Properties (Zn-Pb-Ag-Cu-Au) TSX-V: DMX Corporate Presentation | August 2025
Slide 17: A World Class Polymetallic Mining District: Bergslagen, Sweden
A World Class Polymetallic Mining District: Bergslagen, Sweden Falun Mine1: • 28.1 Mt Production at 2-4% Cu, 2-4 g/t Au, 4% Zn, 1.5% Pb, 13-25 g/t Ag Garpenberg Mine2: • 70.0 Mt Production at 126 g/t Ag, 4.5% Zn, 1.9% Pb, 0.3 g/t Au • 105.7 MtP&P: 88 g/t Ag, 2.5% Zn, 1.2% Pb, 0.3 g/t Au, 0.04% Cu •
Slide 18: Boliden-District Collaboration on Tomtebo-Stollberg Properties
Boliden-District Collaboration on Tomtebo-Stollberg Properties Located in the heart of the prolific Bergslagen District. • Boliden and District executed definitive agreement in October 2023 on the Tomtebo and Stollberg Properties. • Boliden will fund $10.0M of exploration expenditures over four year
Slide 19: Tomtebo Property
Tomtebo Property • Tomtebo covers an area of 5,144 ha, ~2.5 hour drive from Stockholm. • Boliden’s Garpenberg Mine is located 25 km to the SE, and the historic Falun Mine is located 25 km to the NW. • Tomtebo contains similar host rocks, structure, alteration, and mineralization styles as Garpenberg
Slide 20: Conceptual Long Section of Tomtebo Property
Conceptual Long Section of Tomtebo Property 12.2 km Surface 0.64 km 4.5 km 0.3 km -500m Tomtebo Mine Lövås Mine -1000m -1500m -2000m Garpenberg Mine TSX-V: DMX Corporate CorporatePresentation Presentation| |August August 2025 20
Slide 21: Plan View 2021-2024 Drilling at Steffenburgs Zone, Tomtebo Mine
Plan View 2021-2024 Drilling at Steffenburgs Zone, Tomtebo Mine • TOM21-001 intersected 11.95 m at 7.2% Zn, 3.1% Pb, 46.9 g/t Ag, 0.1% Cu,1.2 g/t Au (62.0 to 73.95 m)1. • TOM21-025 intersected 14.3 m at 9.5% Zn, 2.3% Pb, 40.0 g/t Ag, 0.2% Cu, 0.4 g/t Au (210.0 to 224.3 m) drilled 118 m beneath TOM21
Slide 22: Oblique Section of 2021-2024 Drilling at Steffenburgs Zone
Oblique Section of 2021-2024 Drilling at Steffenburgs Zone • TOM24-042 intersected copper-rich semi-massive to massive sulphide mineralization over approximately 17.0 m (309.0 to 326.0 m)1. • TOM24-042 intersected 29.25 m at 1.0% Cu, 0.7 g/t Au 1.6% Zn, 0.8% Pb, 30 g/t Ag (299.0 to 328.25 m) as an a
Slide 23: Milestones & Upcoming Catalysts
Milestones & Upcoming Catalysts Q3 • Commence airborne MobileMT Survey at Viken and Alum Shale Properties Early in 2025 H1 January 1, 2026 Target to start Commence drilling • Commence airborne Drone Radiometric & Magnetic Probable change trading on the at the Tomtebo Survey at Sågtjärn, Nianfors, an
Slide 24: Investment Highlights
Investment Highlights • Strong Team with Experience in Uranium and Base Metals Discovery and Development • Focused in Sweden - a Top District Metals Mining Jurisdiction We Are Sweden’s Energy Metals Company • Assembled Portfolio Focused on Uranium Polymetallic Properties • Additional Base Metals Pol
Slide 25: Thank You!
TSX-V: DMX OTCQB: DMXCF FRA: DFPP NASDAQ: DMXSE SDB Thank You! 907 - 1030 West Georgia Street, Vancouver, BC, V6E 2Y3 Phone: (604) 288-4430 I info@districtmetals.com districtmetals.com TSX-V: DMX Corporate Presentation | August 2025
Slide 26: Historical Estimates
Historical Estimates Sågtjärn Uranium Property Nianfors Uranium Property • See report titled “Revised Introductory Technical Report on Eight Uranium Properties in Northern Sweden” prepared for Contine ntal Precious • See F orsberg, L-O., Kullman, F., Lofroth, B., 1985: Description of SKBS M ineral R