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District Metals Secures Nasdaq First North Listing Approval

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District Metals Secures Nasdaq First North Listing Approval

Confident Investing Starts Here:

District Metals ( (TSE:DMX) ) has provided an announcement.

District Metals Corp. has announced the approval of its application to list its depositary receipts on the Nasdaq First North Growth Market in Sweden, with the first day of trading expected on January 23, 2025. This move signifies the company’s strategic shift from being a ‘venture issuer’ under Canadian securities laws to seeking a broader market presence, though it continues to seek exemptive relief to maintain its current status in Canada.

More about District Metals

District Metals Corp. operates in the metals industry, focusing on trading depositary receipts on international markets. The company aims to expand its presence and visibility by listing on the Nasdaq First North Growth Market in Sweden, which highlights its commitment to global market engagement.

YTD Price Performance: -3.57%

Average Trading Volume: 91,578

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $34.91M

For a thorough assessment of DMX stock, go to TipRanks’ Stock Analysis page.

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