District Responds to Swedish Government’s Uranium Mining Announcement: Legislative Proposal Heads to Parliament

District Metals (DMXCF) announced that the Swedish Government intends to submit a proposal to Parliament in Q4 2025 to remove the uranium mining ban, potentially effective January 1, 2026. This would allow uranium exploration and extraction under the Minerals Act, treating it like other minerals. The move follows a government inquiry and would enable permit applications under specific conditions. CEO Ainsworth is optimistic, citing increased investor attraction, though parliamentary approval and permit details are still pending.

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District Metals (OTCQB: DMXCF) announces that the Swedish Government plans to submit a Legislative Proposal to Parliament in Q4 2025 to remove the current ban on uranium mining. If approved, the new legislation will take effect on January 1, 2026, allowing uranium exploration and extraction under the Swedish Minerals Act.

The announcement follows a government inquiry concluded in December 2024 and a submission to the Council on Legislation in June 2025. The proposed changes would enable applications for exploration permits and processing concessions for uranium under specific conditions, treating uranium similarly to other metals and minerals under the Minerals Act.

District Metals (OTCQB: DMXCF) annuncia che il Governo svedese intende presentare al Parlamento una proposta di legge nel quarto trimestre del 2025 per rimuovere l’attuale divieto di estrazione di uranio. Se approvata, la nuova normativa entrerà in vigore il 1° gennaio 2026, consentendo esplorazione e sfruttamento dell’uranio ai sensi della Legge mineraria svedese.

L’annuncio segue un’indagine governativa conclusa nel dicembre 2024 e una trasmissione al Consiglio per la Legislazione nel giugno 2025. Le modifiche proposte permetterebbero di presentare richieste di permessi di esplorazione e concessioni di trattamento per l’uranio in condizioni specifiche, trattando l’uranio alla stregua di altri metalli e minerali disciplinati dalla Legge mineraria.

District Metals (OTCQB: DMXCF) anuncia que el Gobierno sueco planea presentar al Parlamento una propuesta legislativa en el cuarto trimestre de 2025 para levantar la prohibición vigente sobre la minería de uranio. Si se aprueba, la nueva ley entrará en vigor el 1 de enero de 2026, permitiendo la exploración y extracción de uranio bajo la Ley de Minerales de Suecia.

El anuncio sigue a una investigación gubernamental concluida en diciembre de 2024 y a una remisión al Consejo de Legislación en junio de 2025. Los cambios propuestos permitirían solicitar permisos de exploración y concesiones de procesamiento para uranio bajo condiciones específicas, tratando el uranio de forma similar a otros metales y minerales regulados por la Ley de Minerales.

District Metals (OTCQB: DMXCF)는 스웨덴 정부가 2025년 4분기에 의회에 우라늄 채굴 금지 조치를 철폐하는 법안(입법안)을 제출할 계획이라고 발표했습니다. 승인될 경우 새로운 법안은 2026년 1월 1일부터 시행되어 스웨덴 광물법에 따라 우라늄 탐사와 채굴이 허용됩니다.

이번 발표는 2024년 12월에 종료된 정부 조사와 2025년 6월에 법률심사위원회에 제출된 결과에 따른 것입니다. 제안된 변경안은 특정 조건하에 우라늄에 대한 탐사 허가와 가공권 신청을 가능하게 하며, 우라늄을 광물법상 다른 금속 및 광물과 유사하게 취급하도록 규정합니다.

District Metals (OTCQB: DMXCF) annonce que le gouvernement suédois prévoit de soumettre au Parlement, au 4e trimestre 2025, une proposition de loi visant à lever l’interdiction actuelle de l’extraction d’uranium. Si elle est approuvée, la nouvelle législation entrera en vigueur le 1er janvier 2026, permettant l’exploration et l’exploitation de l’uranium en vertu de la loi minière suédoise.

Cette annonce fait suite à une enquête gouvernementale achevée en décembre 2024 et à une saisine du Conseil de la législation en juin 2025. Les modifications proposées permettraient de déposer des demandes de permis d’exploration et de concessions de traitement pour l’uranium sous des conditions spécifiques, traitant l’uranium de la même manière que les autres métaux et minéraux régis par la loi minière.

District Metals (OTCQB: DMXCF) gibt bekannt, dass die schwedische Regierung beabsichtigt, im 4. Quartal 2025 einen Gesetzesentwurf dem Parlament vorzulegen, der das derzeitige Verbot des Uranbergbaus aufheben soll. Sollte er angenommen werden, tritt die neue Gesetzgebung am 1. Januar 2026 in Kraft und erlaubt die Uranexploration und -gewinnung nach dem schwedischen Berggesetz.

Die Mitteilung erfolgt nach einer Regierungsuntersuchung, die im Dezember 2024 abgeschlossen wurde, und einer Vorlage beim Gesetzgebungsrat im Juni 2025. Die vorgeschlagenen Änderungen würden unter bestimmten Bedingungen Anträge auf Erkundungsgenehmigungen und Aufbereitungszonen für Uran ermöglichen und Uran ähnlich wie andere Metalle und Mineralien im Berggesetz behandeln.

Positive

  • Potential removal of uranium mining ban in Sweden could open new business opportunities
  • Legislative changes would allow uranium exploration and extraction permits
  • Improved ability to attract investors for uranium polymetallic projects

Negative

  • Final approval from Parliament still pending
  • Specific conditions for uranium permits yet to be detailed

09/02/2025 – 02:00 AM

Vancouver, British Columbia – September 2, 2025 – District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP) (“District” or the “Company”) is poised to potentially benefit from a significant shift in Swedish energy policy. The company announced that the Swedish government, spearheaded by Minister for Environment and Climate Romina Pourmokhtari, intends to submit a legislative proposal to Parliament in Q4 2025 that could lift the current ban on uranium mining. If approved, the new legislation, slated to take effect on January 1, 2026, would open the door for uranium exploration and extraction under the Swedish Minerals Act, treating it akin to other metals and minerals.

This move comes after a comprehensive government inquiry concluded in December 2024 that the uranium mining ban should be abolished. A subsequent submission to the Council on Legislation in June 2025 further solidified this direction.

Garrett Ainsworth, CEO of District Metals, expressed optimism about the development. “We are pleased to see that the Swedish government is moving forward with the removal of the uranium ban. The Government’s ambition to create a regulatory framework where uranium is treated in the same fashion as other metals and minerals and with the same permitting requirements is apparent. If approved, the lifting of the uranium ban will create long-term clarity for us and increase our ability to attract investors, a necessity to continue to develop our uranium polymetallic projects going forward.”

The implications of this policy shift are noteworthy. The prospect of uranium mining in Sweden could not only unlock new energy solutions for the country, but also attract significant investment in the sector. For companies like District Metals, which hold properties with uranium resources, the potential policy change represents a significant opportunity for growth and value creation. However, it’s crucial to note that the proposal still requires parliamentary approval, and the specific conditions for uranium permits remain to be defined. These factors introduce a degree of uncertainty that investors will likely monitor closely.

District Metals Corp. is focused on the Viken and Tomtebo Properties in Sweden. The Viken Property covers 100% of the Viken Energy Metals Deposit, which contains the largest undeveloped Mineral Resource Estimate of uranium in the world along with significant Mineral Resource Estimates of vanadium, molybdenum, nickel, copper, zinc, and other important and critical raw materials.

The advanced exploration stage Tomtebo Property is located in the Bergslagen Mining District of south-central Sweden and is situated between the historical Falun Mine and Boliden’s Garpenberg Mine that are located 25 km to the northwest and southeast, respectively. Two historic polymetallic mines and numerous polymetallic showings are located on the Tomtebo Property along an approximate 17 km trend that exhibits similar geology, structure, alteration and VMS/SedEx style mineralization as other significant mines within the district.

FAQ

When will Sweden’s new uranium mining legislation take effect if approved?

If approved by Parliament, the new legislation permitting uranium mining and exploration in Sweden will take effect on January 1, 2026.

What changes does the Swedish Government propose for uranium mining?

The government proposes to remove the current ban on uranium mining and allow uranium extraction and exploration under the Swedish Minerals Act, with specific conditions for exploration permits and processing concessions.

How will the uranium ban removal affect District Metals (DMXCF)?

The removal of the uranium ban would create long-term clarity for District Metals and enhance their ability to attract investors for developing their uranium polymetallic projects.

What is the timeline for Sweden’s uranium mining legislation proposal?

The Swedish Government plans to submit the Legislative Proposal to Parliament in Q4 2025, following a December 2024 inquiry and June 2025 submission to the Council on Legislation.

Who announced the uranium mining legislation changes in Sweden?

The announcement was made by Swedish Minister for Environment and Climate, Romina Pourmokhtari, during a media briefing on August 28, 2025.

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