District Metals Corp (TSE:DMX) has released an update.
District Metals Corp. has expressed optimism about the Swedish Government’s steps to potentially lift the ban on uranium mining, which could significantly benefit the company due to its ownership of the Viken Energy Metals Deposit. The deposit is one of the largest for uranium and vanadium, and the government’s support for nuclear power suggests a favorable shift for District’s operations in Sweden. The company is poised to take advantage of the potential regulatory changes, with a rapid investigation into the matter expected to conclude by May 15.
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