District Launches New Website for Swedish Subsidiary Bergslagen Metals AB to Enhance Community Engagement and Transparency

Rhea-AI Summary

District Metals (OTCQX: DMXCF) launched a new website for its wholly owned Swedish subsidiary, Bergslagen Metals AB, on November 19, 2025. The site is designed as a public hub for information on mineral exploration, governance, environmental stewardship, and community engagement, and includes a dedicated Q&A section. The site provides a confidential contact channel for community members, landowners, and stakeholders to submit questions, feedback, or concerns.

Management says the site supports transparency, social license-building, and collaborative engagement as part of the company’s exploration activities in Sweden and contribution to critical raw materials for Europe’s energy transition. The website is live at www.bergslagenmetals.com.

Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce the launch of a new website for its wholly owned Swedish subsidiary, Bergslagen Metals AB. The new platform is designed to strengthen communication, transparency, and trust between the Company and local communities and other stakeholders.

The Bergslagen Metals AB website is designed to serve as an informative hub, providing accessible details about our mineral exploration, governance, environmental stewardship, and community engagement. The dedicated Q&A aims to address frequently asked questions about the business of mineral exploration and development in Sweden.

Importantly, the website allows any individual to contact the Company directly and confidentially, providing community members, landowners, and other stakeholders a means of easily asking questions, providing feedback, or expressing concerns in a timely, secure and respectful manner.

Garrett Ainsworth, CEO of District, commented: "Launching the Bergslagen Metals AB website represents an important milestone in our ongoing commitment to transparency, community engagement, and responsible mineral exploration and resource development in Sweden. We recognize that earning and maintaining a strong social license depends on building genuine trust with the communities in which we operate.

"We are dedicated to listening, learning, and working collaboratively to ensure that our exploration and development efforts respectfully deliver shared value with local communities all while contributing to the sustainable development of critical raw materials that are vital to Sweden and Europe's green energy transition."

The website is now live and can be accessed at: www.bergslagenmetals.com.

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 2025 TSX Venture 50 company, ranking among the top-performing issuers on the TSX Venture Exchange in the past year.

District is a polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. The Viken Property covers 100% of the Viken Energy Metals Deposit, which contains the largest undeveloped Mineral Resource Estimate of uranium in the worldⁱ along with significant Mineral Resource Estimates of vanadium, molybdenum, nickel, copper, zinc, and other important and critical raw materials.

For further information on the Viken Property, please see the technical report entitled "NI 43-101 Updated Mineral Resource Estimate and Technical Report on the Viken Energy Metals Project, Jämtland County, Sweden" dated effective April 25, 2025, which is available on SEDAR+ at www.sedarplus.ca.

Technical Information

All scientific and technical information in this news release has been prepared by, or approved by Garrett Ainsworth, P.Geo, President and CEO of the Company. Mr. Ainsworth is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

On Behalf of the Board of Directors

"Garrett Ainsworth"

President and Chief Executive Officer
(604) 288-4430

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding "Forward-Looking Information"

This news release contains certain statements that may be considered "forward-looking information" with respect to the Company within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and any similar expressions. In addition, any statements that refer to expectations, predictions, indications, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward-looking information in this news release relating to the Company include, among other things, proposed benefits from the OTCQX listing; exploration potential; and similarities of exploration properties to other mineral deposits.

These statements and other forward-looking information are based on opinions, assumptions and estimates made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate and reasonable in the circumstances, as of the date of this news release, including, without limitation the reliability of exploration and drill results; assumptions with respect to similarities of exploration properties to other mineral deposits; reliability of data and the accuracy of publicly reported information regarding current, past and historic mines in the Bergslagen district and in respect of the Swedish properties; that the Swedish government will eventually lift or amend its moratorium on uranium exploration and mining in Sweden; the Company's ability to raise sufficient capital to fund planned exploration activities, maintain corporate capacity; stability in financial and capital markets; the Company's ability to complete its planned exploration programs; the absence of adverse conditions at mineral properties; no unforeseen operational delays; no material delays in obtaining necessary permits; the price of metals remaining at levels that render mineral properties economic.

Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks associated with the following: the reliability of historic data on District's properties; the Company's ability to raise sufficient capital to finance planned exploration; that the Swedish government maintains its moratorium on uranium exploration and mining in Sweden for the foreseeable future; the Company's limited operating history; risks related to the Company's geological interpretations; the Company's negative operating cash flow and dependence on third-party financing; the uncertainty of additional funding; the uncertainties associated with early stage exploration activities including general economic, market and business conditions, the regulatory process, failure to obtain necessary permits and approvals, technical issues, potential delays, unexpected events and management's capacity to execute and implement its future plans; the Company's ability to identify Mineral Resources and Mineral Reserves; the substantial expenditures required to establish Mineral Reserves through drilling and the estimation of Mineral Reserves or Mineral Resources; the uncertainty of estimates used to calculated mineralization figures; changes in governmental regulations; compliance with applicable laws and regulations; competition for future resource acquisitions and skilled industry personnel; reliance on key personnel; title matters; conflicts of interest; environmental laws and regulations and associated risks, including climate change legislation; land reclamation requirements; changes in government policies; volatility of the Company's share price; the unlikelihood that shareholders will receive dividends from the Company; potential future acquisitions and joint ventures; infrastructure risks; fluctuations in demand for, and prices of metals; fluctuations in foreign currency exchange rates; legal proceedings and the enforceability of judgments; going concern risk; risks related to the Company's information technology systems and cyber-security risks; and risk related to the outbreak of epidemics or pandemics or other health crises. For additional information regarding these risks, please see the Company's MD&A for the fiscal year ended June 30, 2025, under the heading "Risks and Uncertainties", which is available at www.sedarplus.ca. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company. These factors and assumptions, however, should be considered carefully. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of such factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to publicly update or revise such forward-looking information, except as required by applicable securities laws.

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ⁱ S&P Global Market Intelligence - Market Intelligence Research

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275115

FAQ

What did District Metals (DMXCF) announce on November 19, 2025 about Bergslagen Metals AB?

District Metals announced the launch of a new website for its Swedish subsidiary, Bergslagen Metals AB, to improve transparency and community engagement.

How can community members contact Bergslagen Metals AB via the new website?

The website provides a confidential contact channel allowing community members, landowners, and stakeholders to submit questions, feedback, or concerns directly.

What information is available on the Bergslagen Metals AB website for investors researching DMXCF?

The site includes details on mineral exploration, governance, environmental stewardship, community engagement, and a Q&A addressing common exploration questions.

Does the Bergslagen Metals AB website include environmental and governance details relevant to DMXCF shareholders?

Yes; the website is designed to provide accessible information on governance and environmental stewardship relevant to the company’s Swedish operations.

Where can I access the new Bergslagen Metals AB website announced by District Metals (DMXCF)?

The website is live and accessible at www.bergslagenmetals.com.