District Metals (DMX) Q3 2026 earnings summary

Executive summary

• Reported results for the three and nine months ended March 31, 2026, with all figures in Canadian dollars.

• Maintains a strong cash position and recently completed a significant private placement.

• Focused on advancing the Viken Property, the world's largest undeveloped uranium resource.

Financial highlights

• Held $8.141 million in cash and cash equivalents as of March 31, 2026.

• Raised $10 million in gross proceeds from a non-brokered private placement closed on May 12, 2026.

Outlook and guidance

• Well positioned to execute operational priorities through the remainder of 2026.

• Preliminary Economic Assessment for the Viken Property is progressing, with results expected in Q2 2026.

• Next annual results to be reported on September 25, 2026.