June 25, 2020 Viad Royalties AB c/o Nordfors Consulting AB S:t Eriksgatan 117, plan 4 Attention: Eric Jensen, General Manager, Exploration Dear Sirs: Re: Purchase and Sale Agreement

June 25, 2020

Viad Royalties AB

c/o Nordfors Consulting AB
S:t Xxxxxxxxxx 000, xxxx 0

113 43 Stockholm
Sweden

Attention: Xxxx Xxxxxx, General Manager, Exploration

Dear Sirs:

Re: Purchase and Sale Agreement

We refer to the purchase and sale agreement dated February 27, 2020 and that letter agreement dated May 7, 2020 and June 19, 2020 (together, the "Purchase Agreement"), each among District Metals Corp. (on its own behalf, "Buyer Guarantor" and in trust for and on behalf of a wholly- owned subsidiary to be incorporated under the laws of Sweden, "Buyer") and Viad Royalties AB (the "Seller"). All capitalized terms not otherwise defined in this letter agreement (the "Letter Agreement") shall have the meanings ascribed thereto in the Purchase and Sale Agreement.

The parties hereby agree, for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged as follows:

1. That pursuant to Section 10.5 of the Purchase and Sale Agreement, both instances of "June 22, 2020" in Section 6.1 of the Purchase and Sale Agreement are deleted and replaced with "July 1, 2020".

2. The Parties confirm that the Purchase and Sale Agreement, as amended by this Letter Agreement, remains in full force and effect.

3. From the date hereof, the Purchase and Sale Agreement and this Letter Agreement shall be read together to the extent reasonably possible as though all of the terms of both documents were contained in one instrument.

4. This Letter Agreement shall enure to the benefit of and be binding upon the Parties hereto and their respective successors and permitted assigns.

5. This Letter Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia and any applicable federal laws of Canada.

6. This Letter Agreement may be executed in counterparts and evidenced by an electronic copy thereof and all such counterparts or electronic counterparts shall constitute one document.

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Yours very truly,

DISTRICT METALS CORP. (on its
behalf and in trust for and on behalf
of Buyer Subco)

Per:	/s/ Xxxxxxx Xxxxxxxxx
	Name: Xxxxxxx Xxxxxxxxx Title: President, CEO, Director

THE TERMS OF THIS LETTER AGREEMENT are hereby accepted as of the 25th day of June, 2020.

VIAD ROYALTIES AB

Per:	/s/ Xxxxx X. Xxxx
	Name:  Xxxxx X. Xxxx Title:    President and CEO