District Metals (DMX) Nordic Funds & Mines Conference 2025 summary

Company overview and strategic focus

• Focused exclusively on uranium and polymetallic projects in Sweden, leveraging a strong technical and management team with extensive exploration and development experience.

• Holds a robust shareholder base with significant institutional and insider ownership from Sweden, the EU, Canada, and the U.S.

• Listed on the NASDAQ First North Growth Market, with a history of successful project advancement and capital market engagement.

Project portfolio and resource highlights

• Flagship Viken property is the world's largest undeveloped uranium deposit, containing significant quantities of vanadium, molybdenum, nickel, copper, zinc, potash, phosphate, and rare earth elements.

• Recent airborne geophysical surveys indicate potential for multiple additional Viken-scale deposits within the property.

• Additional advanced uranium projects include Sågtjärn, Nianfors, and Ardnasvare, each with unique geological characteristics and exploration upside.

• Ongoing exploration includes drone and Mobile MT surveys, with new results and potential drilling planned for the coming year.

Political and regulatory developments

• Sweden's uranium mining moratorium, in place since 2018, is expected to be lifted with legislation effective January 1, 2026, following a parliamentary vote.

• The government is pro-nuclear, aiming to build 10 new reactors by 2045, and recent political moves have advanced the proposal to lift the uranium ban.

• The legislative process is in its final committee stage, with a majority expected to approve the change.