Chakana Copper to Commence Drilling at Soledad Project, Peru

Fully-Funded 15,000m Drill Program to Focus on Paloma and Hurancarama Breccia Pipes
 
Vancouver, British Columbia- July 28th, 2020-  Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to announce that it is expected to commence its fully-funded 15,000m drill program at the expanded Soledad Project (Fig. 1) on August 15, 2020. The company has a drill rig on site and initial drilling will focus on the Paloma East and Paloma West breccia pipes before proceeding to the Huancarama Breccia Complex (Fig. 2) and may include other high-priority drill-ready targets.
 
"Our team is very excited to restart drilling at Soledad where surface and trench samples in this newly permitted area have given us several very impressive gold-rich targets. The work program will also include surface channel sampling of multiple breccia pipes that are expected to be included in an initial resource estimate. We will provide further detailed information on targets once the field program and drilling are underway. As we commence this phase of field work, we would like to reassure all stakeholders that we have a full COVID-19 protocol in place and are working with the local authorities to ensure that all of our employees and communities are safe," stated David Kelley, President and CEO.
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District Commences SkyTEM Survey at the Tomtebo Property

VANCOUVER, BC, July 13, 2020 - District Metals Corp. (TSX-V: DMX) ("District" or the "Company") is pleased to announce that an airborne electromagnetic ("EM") and magnetic survey has commenced on the Tomtebo Property ("Tomtebo" or the "Property"), located in the Bergslagen Mining District in south-central Sweden.
 
Garrett Ainsworth, CEO of District, commented: "The Bergslagen Mining District is known for large high grade polymetallic mineralized systems that can be identified by their conductive and magnetic properties.  For such a prolific district, the lack of EM and detailed magnetic coverage is astounding.  The recently commenced SkyTEM312 HP survey represents the first time a deep penetrating airborne EM survey (greater than 200 m depth) has been carried out on the Tomtebo Property.  This is significant because we know that these systems in the Bergslagen Mining District can have mineral resources from surface to depths of 1600 m, such as is the case at Boliden's Garpenberg Mine and Lundin Mining's Zinkgruvan Mine."     
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District Announces Closing of Acquisition of Tomtebo Project

June 30, 2020 – District Metals Corp. (TSX-V: DMX; "District" or the “Company”) is pleased to announce that further to its news release of February 28, 2020 and May 8, 2020, it has completed its acquisition of a 100% ownership of the Tomtebo and Trollberget properties (together, the "Properties") from Viad Royalties AB (the "Seller"), a wholly-owned subsidiary of EMX Royalty Corp. (TSX-V:EMX) ("EMX"). The acquisition of the Properties by the Company is hereinafter referred to as the "Transaction".
 
Garrett Ainsworth, President & CEO of District, commented: “It has been a pleasure working with EMX, from the due diligence phase through to the closing of the Tomtebo and Trollberget transaction. We are pleased to have EMX as a large shareholder, with a 9.9% ownership in the Company. District is well underway with our exploration plans for Tomtebo, located in the prolific Bergslagen Mining District of south-central Sweden, with a strong partner that has been operating in Scandinavia since 2012.” 
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District Announces Closing of $2.4 Million Non-Brokered Private Placement, Grant of Stock Options and Change of Corporate Secretary

VANCOUVER, June 8, 2020  - District Metals Corp. (TSX-V: DMX; "District" or the "Company") is pleased to announce that further to its news release of May 20, 2020 and May 22, 2020, it has closed a non-brokered private placement offering of 20,000,000 common shares of the Company (the "Shares") at a price of CDN$0.12 per share for aggregate gross proceeds of CDN$2.4 million (the "Private Placement").
 
The Private Placement included an affiliate of the Sprott Group who subscribed for 6.0 million Shares, representing 11.31% of the Company's outstanding common shares after completion of the Private Placement.
 
Garrett Ainsworth, President & CEO of District, commented: "I would like to welcome several new and prominent investors into District Metals Corp. through our recently completed and oversubscribed financing, and also thank existing shareholders for their continued support.  We are now well-positioned to execute on our exploration plans to prove up the prospective Polymetallic Tomtebo Property located in south-central Sweden."
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District Announces Update on Acquisition of Tomtebo Project

VANCOUVER, May 8, 2020 - District Metals Corp. (TSX-V: DMX; "District" or the "Company") is pleased to announce that, further to its news release dated February 28, 2020, the Company has received acceptance in principle from the TSX Venture Exchange (the "TSXV") of the Company's acquisition of 100% ownership of the Tomtebo and Trollberget properties (together, the "Properties") pursuant to the previously announced purchase agreement dated February 27, 2020 (the "Purchase Agreement") between the Company and Viad Royalties AB (the "Seller"), a wholly-owned subsidiary of EMX Royalty Corp. (TSX-V:EMX) ("EMX"). The acquisition of the Properties by the Company is hereinafter referred to as the "Transaction".
 
Closing of the Transaction is expected to occur on or before June 22, 2020 subject to the terms of the Purchase Agreement and receipt of final acceptance from the TSXV however, trading in the Company's shares is expected to resume on or about May 12, 2020. 
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