District Studies Voting Outcomes from Its Annual Basic Assembly of Shareholders

District Metals Corp. (TSXV: DMX,OTC:DMXCF) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP); (“District” or the “Firm”) held its annual normal assembly of shareholders on December 10, 2025, in Vancouver, British Columbia (the “Assembly”), and all resolutions have been handed.

Shareholders voted as follows on the issues earlier than the assembly:

Election of Administrators

Shareholders elected the next 4 (4) board members to serve on the Firm’s board of administrators till the subsequent annual assembly of shareholders or till their successors are elected or appointed:

Appointment of Auditors

Shareholders appointed Davidson & Firm LLP, Chartered Skilled Accountants, as auditor of the Firm for the upcoming yr and approved the administrators of the Firm to repair the remuneration of the auditor with 99.772% of shares represented on the assembly voting in favour.

Approval of Inventory Choice Plan

The Firm’s incentive inventory possibility plan was accepted by shareholders with 99.537% of shares represented on the assembly voting in favour.

For additional data concerning the issues thought of on the Assembly, readers are inspired to assessment the Round, a replica of which is out there beneath the profile for the Firm on SEDAR+ (www.sedarplus.ca) and obtainable on the Firm’s web site.

About District Metals Corp.

District Metals Corp. is led by business professionals with a observe report of success within the mining business. The Firm’s mandate is to hunt out, discover, and develop potential mineral properties by way of a disciplined science-based method to create shareholder worth and profit different stakeholders. District is a 2025 TSX Enterprise 50 firm, rating among the many top-performing issuers on the TSX Enterprise Trade prior to now yr.

District is a uranium polymetallic exploration and growth firm centered on its flagship Viken Property in Sweden. The Viken Property covers 100% of the Viken Vitality Metals Deposit, which comprises the most important undeveloped Mineral Useful resource Estimate of uranium on this planetⁱ together with important Mineral Useful resource Estimates of vanadium, molybdenum, nickel, copper, zinc, and different necessary and significant uncooked supplies.

For additional data on the Viken Property, please see the technical report entitled “NI 43-101 Up to date Mineral Useful resource Estimate and Technical Report on the Viken Vitality Metals Challenge, Jämtland County, Sweden” dated efficient April 25, 2025, which is out there on SEDAR+ at www.sedarplus.ca.

Technical Data

All scientific and technical data on this information launch has been ready by, or accepted by Garrett Ainsworth, P.Geo, President and CEO of the Firm. Mr. Ainsworth is a Certified Particular person for the needs of Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Tasks.

Mr. Ainsworth has not verified any of the data concerning any of the properties or tasks referred to herein aside from the Viken Mineral Licenses. Mineralization on some other properties referred to herein just isn’t essentially indicative of mineralization on the Viken Mineral Licenses.

Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

Cautionary Assertion Relating to “Ahead-Trying Data”

This information launch comprises sure statements which may be thought of “forward-looking data” with respect to the Firm throughout the that means of relevant securities legal guidelines. In some circumstances, however not essentially in all circumstances, forward-looking data might be recognized by way of forward-looking terminology comparable to “plans”, “targets”, “expects” or “doesn’t anticipate”, “is anticipated”, “a chance exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “doesn’t anticipate” or “believes”, or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “could”, “might”, “would”, “may”, “will” or “might be taken”, “happen” or “be achieved” and any comparable expressions. As well as, any statements that check with expectations, predictions, indications, projections or different characterizations of future occasions or circumstances comprise forward-looking data. Statements containing forward-looking data are usually not historic info however as an alternative symbolize administration’s expectations, estimates and projections concerning future occasions. Ahead-looking data on this information launch regarding the Firm embody, amongst different issues, statements regarding lifting of the present ban on uranium mining in Sweden.

These statements and different forward-looking data are primarily based on opinions, assumptions and estimates made by the Firm in gentle of its expertise and notion of historic tendencies, present circumstances and anticipated future developments, in addition to different components that the Firm believes are acceptable and affordable within the circumstances, as of the date of this information launch, together with, with out limitation, the reliability of exploration and drill outcomes; reliability of knowledge and the accuracy of publicly reported data concerning present, previous and historic mines within the Bergslagen district and in respect of the Swedish properties; uranium exploration and mining regulation in Sweden; the Firm’s skill to lift adequate capital to fund deliberate exploration actions, keep company capability; stability in monetary and capital markets; the Firm’s skill to finish its deliberate exploration packages; the absence of antagonistic circumstances at mineral properties; no unexpected operational delays; no materials delays in acquiring obligatory permits; the worth of metals remaining at ranges that render mineral properties financial.

Ahead-looking data is essentially primarily based on quite a lot of opinions, assumptions and estimates that, whereas thought of affordable by the Firm as of the date such statements are made, are topic to recognized and unknown dangers, uncertainties, assumptions and different components which will trigger the precise outcomes, stage of exercise, efficiency or achievements to be materially totally different from these expressed or implied by such forward-looking data, together with however not restricted to dangers related to the next: the reliability of historic knowledge on District’s properties; the Firm’s skill to lift adequate capital to finance deliberate exploration; the Firm’s restricted working historical past; the Firm’s unfavorable working money circulation and dependence on third-party financing; the uncertainty of extra funding; the uncertainties related to early stage exploration actions together with normal financial, market and enterprise circumstances, the regulatory course of, failure to acquire obligatory permits and approvals, technical points, potential delays, sudden occasions and administration’s capability to execute and implement its future plans; the Firm’s skill to establish Mineral Assets and Mineral Reserves; the substantial expenditures required to determine Mineral Reserves by way of drilling and the estimation of Mineral Reserves or Mineral Assets; the uncertainty of estimates used to calculated mineralization figures; modifications in governmental laws; compliance with relevant legal guidelines and laws; competitors for future useful resource acquisitions and expert business personnel; reliance on key personnel; title issues; conflicts of curiosity; environmental legal guidelines and laws and related dangers, together with local weather change laws; land reclamation necessities; modifications in authorities insurance policies; volatility of the Firm’s share worth; the unlikelihood that shareholders will obtain dividends from the Firm; potential future acquisitions and joint ventures; infrastructure dangers; fluctuations in demand for, and costs of metals; fluctuations in overseas forex trade charges; authorized proceedings and the enforceability of judgments; going concern danger; dangers associated to the Firm’s data know-how programs and cyber-security dangers; and danger associated to the outbreak of epidemics or pandemics or different well being crises. These components and assumptions are usually not meant to symbolize a whole record of the components and assumptions that might have an effect on the Firm. These components and assumptions, nevertheless, must be thought of fastidiously. Though the Firm has tried to establish components that will trigger precise actions, occasions or outcomes to vary materially from these disclosed within the forward-looking data or data, there could also be different components that trigger actions, occasions or outcomes to not be as anticipated, estimated or meant. Additionally, a lot of such components are past the management of the Firm. Accordingly, readers mustn’t place undue reliance on forward-looking data. The forward-looking data is made as of the date of this information launch, and the Firm assumes no obligation to publicly replace or revise such forward-looking data, besides as required by relevant securities legal guidelines.

ⁱ S&P World Market Intelligence – Market Intelligence Analysis

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