District Metals Inc. (OTC: DMXCF) Stock Gains Further Momentum

In light of the news that hit the wires last Friday, the District Metals Inc. (OTC: DMXCF) stock could be the one to watch this week. The company hit the news cycle at the time after it made a key announcement with regards to a stock listing breakthrough. It could be a good idea to take a closer look into the development.

New Announcement

On January 17, District Metals announced that on December 12 last year, the NASDAQ Stockholm AB had approved the company’s application to be admitted for trading its depository receipts on the NASDAQ First North Growth Market. The company noted that on the day of the announcement, District Metals published a company description in line with the rules for application of the NASDAQ First North. Additionally, it was also noted that the first day of trading the securities on the exchange would be January 23, 2023.

Key Details

However, that would be dependent on District Metals managing to meet all the conditions that had been laid down on December 17, 2024. The company also published the company description and provided a web link to the same in the news release. Following the listing, the company would no longer be designated as a venture issuer.