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A federal judge on Friday rejected the US Securities and Exchange Commission's request to sanction Elon Musk after he failed to appear for court-ordered testimony for the regulator's probe into his $44-billion takeover of Twitter. US District Judge Jacqueline Scott Corley in San Francisco said sanctions over Musk's 10 September absence were unnecessary, after the world's richest person testified on 3 October and agreed to pay the SEC's $2 923 of travel costs. READ | 'Backdoor control': Elon Musk blasts Australia's proposed ban on social media for children "Because the present circumstances forestall any occasion for meaningful relief that the court could grant, the SEC's request is moot," Corley wrote. The SEC had sought a declaration that Musk violated a 31 May court order to provide... news24ST. JOHN'S, N.L. - Former Newfoundland and Labrador premiers say a draft energy agreement signed Thursday with Quebec marks a historic break in a long-standing political standoff. Read this article for free: Already have an account? To continue reading, please subscribe: * ST. JOHN'S, N.L. - Former Newfoundland and Labrador premiers say a draft energy agreement signed Thursday with Quebec marks a historic break in a long-standing political standoff. Read unlimited articles for free today: Already have an account? ST. JOHN’S, N.L. – Former Newfoundland and Labrador premiers say a draft energy agreement signed Thursday with Quebec marks a historic break in a long-standing political standoff. Brian Tobin, who was premier from 1996 to 2000, describes the sweeping new energy contract as a long-awaited “breaking of political gridlock” between Newfoundland and Labrador and Quebec. Tobin says he has no doubt that ending the 1969 deal that gave Quebec nearly free electricity from Labrador was a top priority for every premier since Joey Smallwood, the man who signed the contract. Roger Grimes ran the province between 2001 to 2003, and he says all of the province’s premiers wished they had found a willing partner in Quebec to reshape the agreement. Pointing to the province’s unsuccessful attempts to challenge the deal in court, he says Quebec Premier François Legault had no obligation to throw out the contract but saw a good opportunity and showed political will. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. The two provinces signed an agreement in principle Thursday under which Quebec will pay higher rates for power and partner with Newfoundland and Labrador on new hydroelectric projects in Labrador. This report by The Canadian Press was first published Dec. 13, 2024. Advertisement AdvertisementDavid Sacks —AFP WASHINGTON—US President-elect Donald Trump on late Thursday named former PayPal chief operating officer David Sacks as White House “AI and crypto czar.” The wealthy tech entrepreneur will take on a newly created role advising the Trump administration on cryptocurrency and artificial intelligence (AI). “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,” Trump said in a social media post. “He will safeguard Free Speech online and steer us away from Big Tech bias and censorship.” Sacks will also lead a presidential council of advisors on science and technology, according to Trump. The entrepreneur, whose wealth has been estimated in the billions of dollars, is considered part of a so-called PayPal Mafia cadre of influential tech entrepreneurs that includes Elon Musk and Peter Thiel. The group was part of that company’s founding era and members have thrown their clout behind conservative political policies and candidates. READ: Trump going berserk, targets birthright, naturalized citizens Sacks backed JD Vance as Trump’s running mate in the recent US presidential election, hosting Vance on his podcast in the process. After PayPal was bought by eBay in 2002, Sacks went on to help create other tech firms, including Yammer, which was bought by Microsoft. Sacks, who like Musk was born in South Africa, also took to investing in start-ups. Musk met with US lawmakers Thursday to discuss his plans for overseeing radical government spending cuts under the incoming administration. Trump rewarded the Tesla, X and SpaceX chief for his support during the White House campaign by naming him head of the newly created Department of Government Efficiency, along with another wealthy ally, Vivek Ramaswamy. Although the office, dubbed Doge, has a purely advisory role, Musk’s star power and intense influence in Trump’s inner circle bring political clout. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . During Trump’s election campaign, Musk vowed to reduce federal spending by $2 trillion.
Can FRSC sustain civility in face of growing incivility of drivers?Share Tweet Share Share Email The intersection of blockchain, music, and memes has found its pioneer. Beats of Meow ($BEME) is not just another cryptocurrency – They are the world’s first memeable Web3 music label, reshaping the industry landscape. A Paradigm Shift for the Music Industry Beats of Meow addresses the fundamental inefficiencies plaguing the music sector. From unfair artist payouts to passive listener engagement, BeMeow introduces a transformative model. Fungible tax tokens now power song releases, creating an ecosystem where artists, listeners, and investors thrive together. This is not just innovation – it’s a reinvention. $BEME: A Token with Massive Utility and Growth Potential Investing in $BEME positions you at the convergence of music, and viral meme culture. With every new music token traded, fees fuel continuous buybacks of $BEME, driving sustainable value growth. The token’s design leverages the outreach of music combined with enormous trading volumes of memecoins, making it a unique asset class to forward-thinking investors. Community-Centric Growth with Real-World Impact Beats of Meow is about empowering a vibrant, engaged community. From AI-generated, community-driven music to exclusive club events and festivals, BeMeow bridges the gap between Web2 and Web3 audiences. In a time of digital isolation, BeMeow fosters meaningful connections, both online and offline, to create a network connected with a deeper level of engagement and trust. Cutting-Edge Technologies to Innovate Market Merging BeMeow utilizes decentralized music tokenization across the blockchains of Solana, Arweave, and Bitcoin, creating a secure store of value. Revenues from token taxes fund groundbreaking innovations, including copyright tokens, music portfolio tokens, and an AI-powered play-to-earn (P2E) music game. BeMeow aligns its tech roadmap with emerging trends – today it’s memecoins, tomorrow it’s the next big thing. Why $BEME is a Must-Have Investment BeMeow isn’t just following trends, they are shaping music and Web3. Early investors benefit from exclusive opportunities to grow alongside this movement. The $BEME presale is live, with limited tokens available. The official Raydium launch is set for January 2025. A profitable referral program tops up the deal for ICO participants. Seize Your Spot in the Web3 Music Revolution Don’t miss your chance to join this project determined to disrupt the industry! Buy $BEME now! And claim +15% on all your buys in the ICO by using this link: https://bemeow.club/ref-VMJm1WPuhg Learn more about Beats of Meow: https://bemeow.club Connect with the BeMeow community: https://t.me/beatsofmeow Explore music and socials: https://linktr.ee/beatsofmeow Related Items: Share Tweet Share Share Email Comments
Bethlehem marks a second subdued Christmas Eve during the war in Gaza BETHLEHEM, West Bank (AP) — Bethlehem is marking another somber Christmas Eve under the shadow of war in Gaza. Manger Square lacked its usual festive lights and crowds of tourists on Tuesday. Instead, the area outside the Nativity Church was quiet. The church was built atop the spot where Jesus is believed to have been born. The war, the violence in the occupied West Bank it has spurred and the lack of festivities has deeply hurt Bethlehem's economy. The town relies heavily on Christmas tourism. The economy in the West Bank was already reeling because of restrictions placed on laborers preventing them from entering Israel during the war. Pope Francis kicks off a yearlong Jubilee that will test his stamina and Rome's patience VATICAN CITY (AP) — Pope Francis has opened the great Holy Door of St. Peter's Basilica. The ceremony kicks off the 2025 Holy Year. It's a celebration of the Catholic Church that is expected to draw some 32 million pilgrims to Rome. And it will test the pope’s stamina and the ability of the Eternal City to welcome them. This begins the Christmas Eve Mass. The ceremony inaugurates the once-every-25-year tradition of a Jubilee. Francis has dedicated the 2025 Jubilee to the theme of hope. Trump vows to pursue executions after Biden commutes most of federal death row FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump says he'll “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole. Trump said that he will direct the Department of Justice to pursue the death penalty “as soon as I am inaugurated.” Trump was vague on what specific actions he may take. 21 dead as Mozambique erupts in violence after election court ruling MAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country’s highest court confirmed ruling party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections has killed at least 21 people, including two police officers. Mozambique Interior Minister Pascoal Ronda told a news conference in Maputo late Tuesday that a wave of violence and looting was sparked by the court’s announcement a day earlier. He said it was led by mostly youthful supporters of losing candidate Venancio Mondlane, who received 24% of the vote, second to Chapo, who got 65%. Spain's monarch pays tribute to the victims of Valencia floods in his Christmas Eve speech MADRID (AP) — Spanish King Felipe VI has used his traditional Christmas Eve speech to remember the victims of the catastrophic Valencia flash floods. He also urged the country to remain calm despite public debates around hot-button issues such as immigration and housing affordability. Felipe acknowledged the frustration of many of the flood victims at the government's handling of the disaster in a pre-recorded speech that usually reviews the year’s most relevant issues. He also addressed immigration and the country’s housing crunch and high rents, which have become leading concerns in the southern European Union country that is the eurozone's fourth-largest economy. The speech was broadcast on Tuesday. Prosecutors find workers in 'slavery like' conditions at Chinese car company site in Brazil RIO DE JANEIRO, Brazil (AP) — A task force led by Brazilian prosecutors says it has rescued 163 Chinese nationals working in “slavery-like” conditions at a construction site in northeastern Brazil, where Chinese electric vehicle company BYD is building a factory. The Labor Prosecutor’s Office released videos of the dorms where the construction workers were staying, which showed beds with no mattresses and rooms without any place for the workers to store their personal belongings. In a statement issued Monday, the prosecutor’s office said the workers had been hired in China by Jinjian Group, one of the contractors on the site, which is located in Camaçari, a city in the Salvador metropolitan region. Haiti gangs fire on journalists covering a planned hospital reopening, leaving casualties PORT-AU-PRINCE, Haiti (AP) — Suspected gang members have opened fire on journalists in Haiti’s capital as they were covering the attempted reopening of the country’s largest hospital, wounding or killing an unknown number of people. The country's interim president, Leslie Voltaire, said in an address to the nation that journalists and police were among the victims of the vicious Christmas Eve attack. He did not specify how many casualties there were, or give a breakdown for the dead or wounded. Radio Télé Métronome said earlier on Tuesday that seven journalists and two police officers were wounded in the shooting. Street gangs have taken over an estimated 85% of Haiti’s capital, Port-au-Prince. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about an hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by vendor technology in its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. NFL players who use platform to share their faith say it's their duty to spread their love of Jesus ALLEN PARK, Mich. (AP) — Jake Bates was standing on the turf in his hometown of Houston when asked to reflect on an unlikely journey from learning how to sell bricks to making game-winning kicks for the Detroit Lions. Bates used his platform as an NFL player to spread his love of Jesus. A month later, Bates told The Associated Press it is a duty to share his faith. The NFL is filled with players and coaches who feel the same way, such as Houston's C.J. Stroud, Atlanta's Kirk Cousins, and Lamar Jackson and John Harbaugh of the Baltimore Ravens. Stunning photos show lava erupting from Hawaii's Kilauea volcano HONOLULU (AP) — Lava is erupting from Hawaii’s Kilauea volcano for the second straight day. The eruption has stayed within Kilauea’s summit caldera inside Hawaii Volcanoes National Park and no homes are threatened. Molten rock began spewing out of the volcano before dawn on Monday when fissures opened in the caldera floor and shot lava high into the air. It then oozed across the caldera floor. Scientists expect activity to fluctuate in coming days. The lava paused Monday afternoon but fountains reemerged Tuesday morning. The eruption has occurred in an area that’s been closed to the public since 2007 due to hazards including crater wall instability and rockfalls.U.S. Olympic finalist Forrest Molinari explains why she believes more women’s wrestlers haven’t flocked to MMA yet
Widening loan defaults and foreclosures haunted Bay Area properties in 2024, but a late-year flurry of significant tech industry leases offered hope for the battered South Bay office sector. Throughout the year, sky-high vacancy levels jolted Bay Area buildings, a dearth of business travelers posed problems for hotels and expensive financing afflicted the suddenly shaky apartment market. However, as the year closed, impactful office deals by high-profile tech companies may have foreshadowed a rebound in the sputtering sector in 2025. Several big leases — one of them a huge rental agreement that could accommodate thousands of workers — occurred in the South Bay alone. Among the significant rental deals: • Snowflake subleased 773,000 square feet of office space in Menlo Park, enough room for 3,800 workers. • Amazon reached an agreement to occupy 217,000 square feet of space in Mountain View. • Nvidia leased 101,600 square feet of office and research space in North San Jose. • Netgear leased an office building totaling 89,400 square feet in North San Jose. And it wasn’t just leases. A few technology powerhouses also pulled off some of the biggest property purchases in the Bay Area, particularly in the South Bay — transactions that helped to buoy the sinking commercial real estate sector in the nine-county region and portend a back-to-the-office trend for next year. “More and more companies in Silicon Valley will have people working in offices in 2025,” said Chad Leiker, a first vice president with Kidder Mathews, a commercial real estate firm. “If that happens, it will bring us closer to where we were in the old days” before the COVID-19 outbreak. The year began ominously, providing an early glimpse of what became a trend throughout 2024: A big office building was facing foreclosure due to a delinquent loan. Located at 3100 North First St., the site in San Jose fell into a loan default and was eventually seized by its lender through foreclosure before it was sold — a reminder of the boom-bust cycle of Silicon Valley and the battered commercial real estate market. In January, it was valued at $32.1 million. The foreclosure in May slashed its value to $19 million. In September, a biotech firm bought it for $17.5 million. The building’s fate illustrated the general struggles of the office market and was a reminder that despite relentless layoffs, companies continued to scout for purchases that could help them solidify their footprints in Silicon Valley. Here are the biggest property purchases of 2024 in the Bay Area: • Nvidia paid $374.3 million in May for eight buildings in Santa Clara that are near the company’s campus. • Microsoft paid $330 million in September for a Mountain View property it had occupied since 2019. • Fortinet paid $192 million for a Santa Clara tech campus that it bought from Texas Instruments. Despite some successes, dozens of office buildings, apartment complexes and hotels throughout the Bay Area toppled into various stages of loan delinquencies or seizures. Those that escaped foreclosure were bought at prices that were a fraction of their prior worth, unleashing a dramatic reset in property values. The Courtyard Oakland Downtown, a prominent hotel in the urban heart of the East Bay’s largest city, was bought in October for $10.6 million, 76% less than the $43.8 million that the seller paid in 2016. In downtown San Jose, the historic Hotel De Anza was purchased for $11.6 million, or roughly half of its prior value. The owner of the 686-room, 36-story Hyatt Regency San Francisco Downtown SoMa hotel walked away and gave back the keys to the lender. The hotel had been bought in 2018 for $315 million, but the foreclosure showed it was worth no more than $290 million. A plunge in values also created plenty of opportunities to capitalize on countless bargain basement properties. George Mersho, top boss at Shoe Palace, is one such bargain hunter. Mersho-led groups purchased two office complexes in downtown San Jose at a fraction of their prior value. In February, a Mersho-led group paid $34.2 million for a downtown complex that was 77% below the $141.4 million the sellers shelled out in 2019. But despite a slumping real estate market, some high-profile commercial hubs are thriving. Westfield Valley Fair in San Jose continues to land new tenants, including a new Alamo Drafthouse movie theater and numerous merchants that will expand the shopping, restaurant and entertainment center’s collection of luxury stores. Santana Row, a mixed-use destination neighborhood in San Jose, remains a magnet for new restaurants and shops. The One Santana West office building is now more than half full after several firms leased spaces. One of the tenants that headed to One Santana West was a unit of PwC, a global professional services company. PwC exited downtown San Jose to take space at Santana Row, which was deemed to be a blow to the city’s urban core. However, the building at 488 South Almaden Blvd. that lost PwC subsequently landed the Santa Clara Valley Transportation Authority as its principal tenant. Across the street at a different Santana Row site, Cisco Systems officially moved into an office in November where it will jointly operate with its subsidiary Splunk. Some 3,900 Cisco and Splunk employees will work in the building. Looking toward the future, downtown San Jose is ready to welcome an ambitious and massive effort to produce thousands of homes alongside data centers, with key support from PG&E. Construction is slated to launch in 2025. Global developer Westbank, PG&E and the city of San Jose have allied to speed the development of eco-friendly housing towers whose energy would be powered by surplus heat from the nearby data centers. In another unique downtown project, a former hotel tower was converted this year into a housing high-rise for San Jose State University students. The project helped meet housing needs and improved hotel vacancy levels in the South Bay. Downtown San Jose has also attracted an array of one-of-a-kind merchants. They include Urban Putt, a miniature golf course site; Unofficial Logging, an ax-throwing venue; and Eos & Nyx, a top-notch restaurant and bar. Pete Be Center also is preparing a music, entertainment and live events venue. The state of the Bay Area property market also may have helped to unravel the increasingly shaky real estate empire that China-based Z&L Properties had fashioned in San Jose. Z&L has neglected its properties, creating blighted conditions at three of the downtown sites it owns. After it had proposed several housing towers, it eventually presided over failed development efforts. The only project Z&L has completed, a 600-unit double-tower residential complex, is in default on its loan and could be seized by its lender. Even with commercial real estate struggles, some merchants are taking over spaces that were occupied by failed retailers. In San Jose, Hobby Lobby leased a space vacated by Bed, Bath and Beyond at Almaden Plaza. In the same center, Sports Basement is renting a site occupied by bookseller Barnes and Noble, which is planning to leave. A few miles away at The Plant shopping and restaurant center in San Jose, family-owned Mexican grocery chain Vallarta Supermarkets is opening its first Bay Area store. It will replace a long-shuttered Toys ‘R Us and Babies ‘R Us location. The collapse in valuations affects more than property owners — it is also poised to unleash widespread impacts on public agencies. The nosedive in real estate prices raised the specter that property taxes could erode and diminish the revenue flow to cities, counties, school districts and other government agencies. Still, some green shoots have begun to sprout amid the grim rubble of the commercial real estate landscape. The Plaza at Walnut Creek, a downtown Walnut Creek office complex described as a “trophy” real estate property, was bought for $162 million. The price of $477 a square foot is deemed to be a “top dollar” amount.
A total of 11,885,478 common shares were voted at the meeting, representing 9.10% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows: The shareholders also approved (1) the appointment of Davidson & Company LLP, Chartered Professional Accountants as auditor of the Company for the ensuing year and authorized the Board of Directors to fix the remuneration of the auditor; and (2) the adoption of an omnibus incentive plan (the "Omnibus Plan"). Results of the shareholder votes on these items are set forth below: The Omnibus Plan is a ten percent (10%) rolling plan, pursuant to which the Board of Directors may grant to eligible participants stock options, restricted share units, performance share units and deferred share units to acquire common shares of the Company (each, a "Share"). An aggregate of 13,056,587 Shares are issuable under the Omnibus Plan, representing ten percent (10%) of the issued and outstanding Shares as of December 12, 2024. The Omnibus Plan replaces the previous ten percent (10%) rolling stock option plan. Please see the Circular for further information on the Omnibus Plan. For further information regarding the matters considered at the Meeting, readers are encouraged to review the Circular, a copy of which is available under the profile for the Company on SEDAR+ ( ) and available on the Company's website . Technical Information All scientific and technical information in this news release has been prepared by, or approved by Garrett Ainsworth, PGeo, President and CEO of the Company. Mr. Ainsworth is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The data disclosed in this news release is related to historical results. District has not undertaken any independent investigation of the sampling nor has it independently analyzed the results of the historical exploration work in order to verify the results. District considers these historical results relevant as the Company is using this data as a guide to plan exploration programs. The Company's current and future exploration work includes verification of the historical data through drilling. Mr. Ainsworth has not verified any of the information regarding any of the properties or projects referred to herein other than District's properties. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on District's properties. About District Metals Corp. District is led by industry professionals with a track 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 polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. The Viken Property covers 100% of the uranium-vanadium Viken Deposit, which is an asset with substantial exploration and development expenditures that resulted in the definition of large historic polymetallic resource estimates in 2010 and 2014. The Viken Deposit is amongst the largest deposits by total historic mineral resources of uranium and vanadium in the world. The advanced exploration stage Tomtebo Property is located in the Bergslagen Mining District of south-central Sweden and is situated between the historic Falun Mine and Boliden's Garpenberg Mine that are located 25 km to the northwest and southeast, respectively. Two historic polymetallic mines and numerous polymetallic showings are located on the Tomtebo Property along an approximate 17 km trend that exhibits similar geology, structure, alteration and VMS/SedEx style mineralization as other significant mines within the district. For further information on the Tomtebo Property, please see the technical report entitled "NI 43-101 Update Technical Report on the Tomtebo Project, Bergslagen Region of Sweden" dated effective October 15, 2020 and amended and restated on February 26, 2021, which is available on SEDAR+ at . On Behalf of the Board of Directors "Garrett Ainsworth" President and Chief Executive Officer (604) 288-4430 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding "Forward-Looking Information" This news release contains certain statements that may be considered "forward-looking information" with respect to the Company within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and any similar expressions. In addition, any statements that refer to expectations, predictions, indications, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward-looking information in this news release relating to the Company include, among other things: statements relating to the Company's Swedish polymetallic properties; and the Company's interpretations and expectations about the results on the Swedish properties. These statements and other forward-looking information are based on opinions, assumptions and estimates made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate and reasonable in the circumstances, as of the date of this news release, including, without limitation, assumptions about: the reliability of historical data and the accuracy of publicly reported information regarding past and historic mines in the Bergslagen district; in respect of the intention of the Swedish government to eventually lift or amend its moratorium on uranium exploration and mining in Sweden; the Company's ability to raise sufficient capital to fund planned exploration activities, maintain corporate capacity; and stability in financial and capital markets. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks associated with the following: the reliability of historic data on District's properties; the Company's ability to raise sufficient capital to finance planned exploration; that the Swedish government maintains its moratorium on uranium exploration and mining in Sweden for the foreseeable future; the Company's limited operating history; the Company's negative operating cash flow and dependence on third-party financing; the uncertainty of additional funding; the uncertainties associated with early stage exploration activities including general economic, market and business conditions, the regulatory process, failure to obtain necessary permits and approvals, technical issues, potential delays, unexpected events and management's capacity to execute and implement its future plans; the Company's ability to identify any mineral resources and mineral reserves; the substantial expenditures required to establish mineral reserves through drilling and the estimation of mineral reserves or mineral resources; the uncertainty of estimates used to calculated mineralization figures; changes in governmental regulations; compliance with applicable laws and regulations; competition for future resource acquisitions and skilled industry personnel; reliance on key personnel; title matters; conflicts of interest; environmental laws and regulations and associated risks, including climate change legislation; land reclamation requirements; changes in government policies; volatility of the Company's share price; the unlikelihood that shareholders will receive dividends from the Company; potential future acquisitions and joint ventures; risks related to existing earn-in and joint venture with Boliden; infrastructure risks; fluctuations in demand for, and prices of metals; fluctuations in foreign currency exchange rates; legal proceedings and the enforceability of judgments; going concern risk; risks related to the Company's information technology systems and cyber-security risks; and risk related to the outbreak of epidemics or pandemics or other health crises. For additional information regarding these risks, please see the Company's Annual Information Form dated July 11, 2022, under the heading "Risk Factors", which is available at . These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company. These factors and assumptions, however, should be considered carefully. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of such factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to publicly update or revise such forward-looking information, except as required by applicable securities laws. To view the source version of this press release, please visit SOURCE: District Metals Corp. MENAFN13122024004218003983ID1108991789 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
