District Metals (DMX.V): Announces $3 Million Private Placement Financing

VANCOUVER, BC, Dec. 10, 2020 /CNW/ – 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“).

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