District Updates on Change of Control, Equity Grant and Proceeds from Warrant Exercises

  • Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") announces the amendment to certain change of control provisions for the CEO and CFO of the Company, equity incentive grants and proceeds received on the exercise of warrants. Effective June 27, 2025, the Company approved certain amendments to change of control or termination benefits within Garrett Ainsworth's executive employment agreement and Marlis Yassin's executive consulting agreement (each, the "Executive Agreement").