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District Appoints Hein Raat as Country Manager of Sweden
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District Metals Corp. (TSXV: DMX) (FRA: DFPP)
; ( District or the Company ) is pleased to announce a key appointment that will strengthen and expand the Company s presence and operational efficiency in Sweden. Hein Raat has been appointed as Country Manager of Sweden, which is an important role given the upcoming 5,000 m drill program at the Company s high grade polymetallic Tomtebo Property that is scheduled to commence in Q1 2021.
Mr. Raat is a professional geologist (EurGeol) with extensive experience exploring for base and precious metal deposits in Scandinavia and Europe. He was a Geologist for the Boliden Group in Sweden for eight years with the last four years being focused on polymetallic projects in the Bergslagen Mining District. Mr. Raat spent much of his time in the Bergslagen working on the polymetallic Stollberg Project, which is located approximately 40 km so
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VANCOUVER, BC, Dec. 14, 2020 /CNW/ -
District Metals Corp. (TSXV:DMX) (FRA: DFPP)
;
( District or the Company ) is pleased to announce that, in connection with its previously announced brokered private placement financing (the
Offering ), it has entered into an agreement with Haywood Securities Inc. (the
Agent ) to increase the size of the Offering up to 15,000,000 units (the
Units ) at a price of $0.30 per Unit (the
Issue Price ) to raise aggregate gross proceeds of up to $4,500,000 (the
Offering ).
Each Unit will consist of one common share in the capital of the Company (a
Unit Share ) and one-half of one common share purchase warrant (each whole such purchase warrant, a
Share:
District Metals Corp. (TSXV:DMX) (FRA: DFPP);
( District or the Company ) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as sole lead agent (the
Agent ), who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 10,000,000 units (the
Units ) at a price of $0.30 per Unit (the
Issue Price ) to raise aggregate gross proceeds of up to $3,000,000 (the
Offering ).
Each Unit will consist of one common share in the capital of the Company (a
Unit Share ) and one-half of one common share purchase warrant (each whole such purchase warrant, a
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