All Articles
Nuclear

District Metals Is Looking Towards The Nasdaq First North Growth Market In Sweden

July 12, 2024
x min read
NASDAQ Flag on a Nuclear Power Reactor from Sweden

District Metals owns one of the most important uranium projects in all of Sweden. And now, they’re looking to debut on one of the leading stock exchanges in Europe.

What’s happening:

  • District Metals (TSXV:DMX) has announced their intention to pursue a listing on the Nasdaq First North Growth Market in Sweden

Why it matters:

  • District Metals owns one of the most historically significant uranium deposits in Sweden known as the Viken Deposit, which spans over 9,000 hectares of land
  • The Swedish government has been under considerable pressure to remove their current ban on uranium mining due to the need for more nuclear power infrastructure in Europe and is expected to provide new policies on uranium mining in the near future

By the numbers:

  • The Viken Deposit previously had historical resource estimates that indicated it contains 1 billion pounds of uranium
  • The country of Sweden holds approximately 25% of all known uranium deposits in Europe

Going deeper:

Disclaimer

The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by District Metals for a media campaign, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of District Metals without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.

Discover the world's most disruptive early stage companies with 25,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.