District Receives Drill Permit for the Österkälen Mineral License at the Alum Shale Properties in Sweden

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Vancouver, British Columbia--(Newsfile Corp. - June 17, 2026) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has a valid work plan to conduct diamond drilling on the Österkälen Mineral License, which forms part of the Company's 100%-owned Alum Shale Properties in central Sweden. Arctic DS AB ("Arctic"), a Swedish subsidiary of Arctic Drilling AS,