District Metals (DMX) Q4 2026 earnings summary

Executive summary

• Reported year-end results for the period ended June 30, 2026, with a strong cash position and successful capital raise.

• Focused on exploration and development of the Viken Property in Sweden, which hosts the world's largest undeveloped uranium resource.

Financial highlights

• Held $16.187 million in cash and cash equivalents as of June 30, 2026.

• Raised $10 million in gross proceeds from a non-brokered private placement in May 2026.

Outlook and guidance

• Plans to release Q1 2027 results on November 27, 2026, and hold the annual general meeting on December 9, 2026.

• Preliminary Economic Assessment (PEA) for the Viken Deposit projects an after-tax NPV8% of US$2.88 billion, IRR of 45.9%, and a payback period of 2.1 years.