Mr. Garrett Ainsworth reports

DISTRICT ANNOUNCES UPGRADE TO OTCQX

District Metals Corp.'s common shares are now trading on the OTCQX Best Market under the ticker symbol DMXCF. The company's common shares have been upgraded to the OTCQX Market from the OTCQB Market in the United States. District's common shares will continue to trade on the TSX Venture Exchange under the symbol DMX and on the Nasdaq First North Growth Market under the symbol DMXSE.

The OTCQX Best Market is the highest market of OTC Markets, and trading on OTCQX will enhance the visibility and accessibility of the company to United States investors. To qualify for OTCQX, companies must meet high financial reporting standards, follow best practices with respect to corporate governance and demonstrate compliance with applicable securities laws.

About District Metals Corp.

District Metals is led by industry professionals with a record of success in the mining industry. The company's mandate is to seek out, explore and develop prospective mineral properties through a disciplined science-based approach to create shareholder value and benefit other stakeholders. District is a 2025 TSX Venture 50 company, ranking among the top-performing issuers on the TSX Venture Exchange in the past year.

District is a polymetallic exploration and development company focused on the Viken and Tomtebo properties in Sweden. The Viken property covers 100 per cent 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.

We seek Safe Harbor.