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Enter Symbol
or Name
USA
CA



District Mines Ltd (2)
Symbol DIG
Shares Issued 12,889,152
Close 2023-08-18 C$ 0.085
Market Cap C$ 1,095,578
Recent Sedar Documents

District Mines cancels $500,000 financing

2023-08-22 18:17 ET - News Release

Subject: District Mine Ltd. (the "Company") - News Release Dissemination [BLC-ACTIVE.FID1650696] PDF Document File: Attachment NR_Aug222023.pdf District Mines Ltd. Announces Termination of Non-Brokered Private Placement Vancouver, British Columbia August 22, 2023 District Mines Ltd. ("District Mines" or the "Company") (NEX:DIG.H) announces the termination of the proposed non-brokered private placement that the Company previously announced on May 3, 2023 for up to 10,000,000 units of the Company (each a "Unit") at a price of $0.05 per Unit for gross proceeds of up to $500,000 (the "Offering"). The Company has determined to terminate the Offering due to current market conditions. FOR FURTHER INFORMATION PLEASE CONTACT: Anthony Paterson (604) 910-1804 Anthonyp@Tkoconsulting.ca Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Statements This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, that the Company will receive all required regulatory and exchange approvals. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Such forward-looking statements and information are subject to risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement. Specific risks included that we may not obtain regulatory approval. General risks include the reliance on available data and assumptions and judgments used in the interpretation of such data, the speculative and uncertain nature of exploration and development, exploration and development costs, capital requirements and the ability to obtain financing, volatility of global and local economic climates, share price volatility, estimate price volatility, changes in equity markets, increases in costs, exchange rate fluctuations and other risks involved in the mineral exploration and development industry. There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond our control. Accordingly, readers should not place undue reliance on forward-looking statements or information. AC/9584801.1 Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis that is available on the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. AC/9584801.1

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