#Mining/#GreenEnergy #Stock Video alert - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) - Interview with CEO Craig Taylor; @DefenseMetals

#Mining/#GreenEnergy #Stock Video alert - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) - Interview with CEO Craig Taylor; @DefenseMetals

 

Vancouver, British Columbia – April 29, 2021 - Investorideas.com Newswire –Media alert for Defense Metals Corp. ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D). The company was featured in the following video interview on the Stock House Stock Talk Vodcast Series.

 

Defense Metals Corp Video Q&A with CEO Craig Taylor 

https://www.youtube.com/watch?v=c21cq9HrIBM

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04291DEFN-Craig-Taylor-Interview.asp

 

About Defense Metals Corp. https://defensemetals.com/

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Forward Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to finding partnerships, securing potential offtake agreements, and other business opportunities, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) more disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#Solar/#EV #Stock News - Solar Integrated Roofing (OTC: $SIRC) Announces Appointment of Don Lewis as Senior Vice President of Mergers & Acquisitions; @SIRCStock

#Solar/#EV #Stock News - Solar Integrated Roofing (OTC: $SIRC)  Announces Appointment of Don Lewis as Senior Vice President of Mergers & Acquisitions; @SIRCStock

 

Tenured Financial Executive to Focus on Driving Forward Rollup Strategy

 

EL CAJON, CA – April 29, 2021 - Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, today announced the appointment of tenured financial executive Don Lewis as Senior Vice President of Mergers & Acquisitions (M&A), responsible for driving forward the Company’s M&A activities and overall strategic initiatives.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/04291SIRC-Senior-Vice-President.asp

 

Mr. Lewis is a proven leader in strategic financial and organizational planning with over 30 years’ experience with private equity sponsored companies and early-stage roll-ups. He has led or played a key role in over 50 mergers and acquisitions in a wide range of industries. His diverse industry experience includes manufacturing, wholesale, retail distribution, construction, and banking. Since 2015, Mr. Lewis served as Chief Financial Officer and Executive Vice President of SourceLink, one of the top 5 largest privately held omni-channel direct marketing services firms in the country. Previously he served as VP Finance, CAO & Controller of Advance America, a consumer financial services company. Prior to that he served as CFO and other roles at Moore’s Lumber & Building Supplies, Builderway, Pelican Companies and KPMG. He holds a Bachelor of Science Degree in Accounting and graduated Magna Cum Laude.

 

“Don’s deep experience and successful completion of over 50 mergers and acquisitions across numerous end markets makes him an ideal leader to help us further develop our M&A strategy,” said David Massey, CEO of Solar Integrated Roofing Corp. “In this new role, Don will oversee and support our long-term growth through the identification, assessment, and execution of the Company’s mergers, acquisitions, investments, and joint ventures with the objective of scaling revenues and delivering synergies across our suite of services. In addition to targeted organic growth, M&A will continue to be a core pillar of our overall growth strategy to expand market share and maximize long-term value creation for our shareholders.”

 

"I'm excited to join David and the talented team at Solar Integrated Roofing on my first day Monday, May 3^rd," added Don Lewis. “They have created a compelling value proposition with their transition into a national brand and the successful roll-up and integration of several key industry players. I hope to bring additional analytical rigor and a long-term strategic focus to the Company’s corporate development activities, and work with the team to build on a growing legacy of successful acquisitions as we strive to create a national leader.”

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman

Senior Vice President

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#Cleantech/#Crypto #Stock news -Solar Integrated Roofing (OTC: $SIRC) announces it has selected Coinbase Commerce as a #cryptocurrency partner, @SIRCStock

#Cleantech/#Crypto #Stock news -Solar Integrated Roofing (OTC: $SIRC) announces it has selected Coinbase Commerce as a #cryptocurrency partner, @SIRCStock

 

EL CAJON, CA – April 28, 2021 - Solar/Cryptocurrency stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, today announced it has selected Coinbase Commerce as a cryptocurrency partner and has completed the technical and financial integrations to begin testing the acceptance of cryptocurrency payments from customers at its subsidiary Cornerstone Construction.

 

Read this news featuring SIRC in full at  https://www.investorideas.com/news/2021/renewable-energy/04281SIRC-Coinbase.asp

 

Recently acquired Cornerstone Construction is a licensed roofing contractor in South Carolina and has served thousands of clients and gained hundreds of 5 Star Reviews throughout the southeastern United States since 2017 with quality solutions for residential and commercial roofing and solar projects. Roofing services include expert inspection, installation, repair, and replacement services as well as gutters, windows, siding and decking. The company designs and installs traditional solar and solar shingle arrays that integrate seamlessly into new and existing roofing systems.

 

The addition of a cryptocurrency payment integration allows Cornerstone to accept Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin and USD Coin for all customer purchases including roofing and solar projects as well as related products and services.

 

“Accepting cryptocurrency offers us a significant opportunity to better service a new, affluent customer base and participate in the continuously expanding cryptocurrency economy,” said David Massey, CEO of Solar Integrated Roofing Corporation. “With younger homeowners increasingly demanding alternative options for payments, Coinbase Commerce. allows us to accept cryptocurrency as a form of payment, yet receive U.S. dollars as we normally would, all without having to hold cryptocurrencies.

 

“During this trial phase, Cornerstone will be evaluating the cost savings from accepting cryptocurrency that include avoiding the high fees of traditional payment methods and reducing or eliminating issues related to fraud-related chargebacks or mistakes. This new purchasing option will add an additional competitive element to our growth strategy and will be a key marketing highlight for our millennial customers. If successful we expect to add this payment option at other subsidiaries to add value to our customers, and in turn, our shareholders and investors,” concluded Massey.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman

Senior Vice President

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#RareEarth #Metals Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF)- Video Interview with CEO Craig Taylor; @DefenseMetals

 

Vancouver, British Columbia – April 28,  2021 - Investorideas.com Newswire –Media alert for Defense Metals Corp. ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D). The company was featured in the following video interview on the Stock House Stock Talk Vodcast Series.

 

Defense Metals Corp Video Q&A with CEO Craig Taylor 

https://www.youtube.com/watch?v=c21cq9HrIBM

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04281DEFN-CEO-Interview.asp

 

About Defense Metals Corp. https://defensemetals.com/

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Forward Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to finding partnerships, securing potential offtake agreements, and other business opportunities, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) more disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Media alert – “Defense Metals Corp. (TSXV: $DEFN.V) (OTCQB: $DFMTF) is taking a number of steps to advance its 100%-optioned Wicheeda Light #RareEarths Elements (LREE) property in BC” @DefenseMetals

Media alert – “Defense Metals Corp. (TSXV: $DEFN.V) (OTCQB: $DFMTF) is taking a number of steps to advance its 100%-optioned Wicheeda Light #RareEarths Elements (LREE) property in BC” @DefenseMetals

 

Vancouver, British Columbia –  April  27, 2021 - Investorideas.com Newswire –Media alert for Defense Metals Corp. ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D). The company was featured in the following article: “Chinese demand to fuel Rare Earths market demand for years to come.”

 

Read this alert featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04271DEFN-Wicheeda-Light-BC.asp

 

Full article link

https://resourceworld.com/?p=64289&preview=1&_ppp=af1c509aed

 

By David Duval

 

Excerpt

Few industrial commodities have the exotic appeal of Rare Earth Elements (REEs), a group of 17 elements referred to as the lanthanide series in the periodic table of elements. They are widely used in a variety of industrial applications, with the manufacturing of permanent magnets representing the single largest and most important end use for REEs. This market segment alone accounts for 38% of total forecasted demand.

 

A recent report in the Financial Times alleged that China is considering the placement of export controls on REEs in order to damage U.S. industry and more specifically defense production. Perhaps with this threat in mind, during the last days of the Trump administration over US$800 million was allocated for REE and strategic minerals research in a pandemic stimulus package.

 

Defense Metals Corp. ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D) is taking a number of steps to advance its 100%-optioned Wicheeda Light Rare Earths Elements (LREE) property in British Columbia.

 

Rare earth elements are a group of 15 elements with tongue-twisting names like praseodymium, neodymium, terbium and dysprosium, and which are vital to green technology and high-tech applications. They fall into two sub-groups: light and heavy, with the heavies being more scarce.

 

Since the U.S. relies on China, the dominant global supplier, for about 80% of its rare earths imports, security of supply became an issue at the beginning of the last decade when China imposed export restrictions, a move that sparked renewed investor interest in the sector.

 

China has dominated the rare earths industry for 30 years and there is little indication that this will change any time soon, industry officials say. Now, with a dramatic increase in demand for rare earth magnets needed to drive electric transportation and produce clean energy solutions, the industrial world remains exposed to Chinese dominance.

 

It means there is a big opportunity for a company like Defense Metals. Its key asset is the 1,708-hectare Wicheeda Light Rare Earth Element Property located approximately 80 kilometres northeast of Prince George, B.C. The property is accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, the CN railway and major highways.

 

Favourable mineralogy and lanthanide distribution make Wicheeda a very attractive LREE deposit, the company has said. Two specific rare earth minerals Monzanite and Synchysite/Parasite-Bastanaesite are present in equal proportions.

 

The project hosts an indicated mineral resource of 4.89 million tonnes averaging 3.02% LREO (Light Rare Earth Oxide) and an inferred mineral resource of 12.1 million tonnes averaging 2.9% LREO. The 2020 estimate marks a 40% increase in overall tonnage and 30% increase in the overall average grade compared to the 2019 maiden resource estimate. The company is targeting a potential +15-year mine life at a 2.0 million tonne/year throughput.

 

Meanwhile, Defense Metals is working in parallel on all facets of project development including baseline environmental, pilot-scale metallurgical studies; in addition to economic modelling and scenario analysis as it moves towards completion of a preliminary economic assessment (PEA) during 2021.

 

Defense Metals has engaged SRK Consulting (Canada) Inc. to conduct an economic scenario analysis of its Wicheeda Project that will facilitate decision making related to performing a PEA. The scenario analysis will evaluate the potential of multiple mine development scenarios through the completion of economic trade-off studies, which, subject to results, will form the basis for the PEA.

 

Positive flotation and hydrometallurgical test work achieved a high-grade 50% LREO concentrate at above 85% recovery. Hydrometallurgical test work demonstrated 90% REE extraction with opportunities for further improvement.

 

Defense Metals recently commissioned the Saskatchewan Research Council (SRC) to complete an X-Ray Transmission (XRT) sorting amenability study on Wicheeda REE mineralization.

 

The move comes after Defense Metals and SRC were awarded National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) funding, a Government of Canada funded program mandated to provide financial support for technology innovation.

Funding awarded under the NRC IRAP will cover approximately 70% of the estimated cost of the XRT amenability study test-work, the company said.

 

The objective of the SRC amenability study is to investigate XRT sorting for the purpose of upgrading Wicheeda REE mineralization prior to downstream processing. Sensor-based sorting has several advantages when applied to REE mining projects in that beneficiation occurs without water and with reduced grinding requirements. (Beneficiation is any process that improves (benefits) the economic value of the ore by removing gangue minerals (unmineralized waste).

 

The investigation will assess how much gangue can be removed from the head feed.

It will also carry out an iterative study of different sorting sizes to process in the XRT sorter assessing both the grade of the upgraded concentrate and the grade of waste for economic studies whereby the optimum operational parameters can be determined.

 

XRT sorting has the potential to realize several significant project benefits, including:

 

·        Relatively low-cost gangue (unmineralized waste) removal and volume reduction at the front-end of the Wicheeda REE processing stream.

·        Potential to have a significant positive benefit on downstream flotation and hydrometallurgical processes via reduced water, heating and reagent consumption costs.

·        Depending on the success of the test-work, these reductions may contribute to overall lower size/ throughput and capital cost of potential future commercial REE concentration and refining facilities at Wicheeda.

 

“Defense Metals looks forward to investigating the potential of low-cost front-end upgrading of Wicheeda REE mineralization via XRT sorting,” said Defense Metals CEO Craig Taylor. “We are working on a PEA, looking forward to another exciting drill program, more environmental work and possibly a PFS by year end.”

 

The company was notified by its Asia-based adviser, Golden Dragon Capital Ltd., that it has received requests from two leading global REE smelting and separator enterprises to provide samples of Wicheeda REE mineral concentrate for evaluation prior to negotiations of an initial memorandum of understanding (MOU) and subsequent potential mineral concentrate offtake agreements. These requests are the third and fourth REE concentrate evaluation requests received to date, and discussions are currently continuing with several other parties.

 

Defense Metals recently received the formal Wicheeda rare earth element (REE) project continuous hydrometallurgical pilot plant proposal from SGS Canada Inc. The company’s successful 26-tonne flotation pilot plant campaign, also completed at the SGS Lakefield, Ontario metallurgical test facility, yielded approximately 1,200 kilograms of high-grade REE mineral concentrate. Initiation of the hydrometallurgical pilot plant test program is the next step in establishing overall flowsheet operability at scale.

 

These developments are part of a plan to advance Wicheeda along the road to production. The Wicheeda deposit hosts neodymium and praseodymium LREEs and Defense Metals is positioning itself to meet the growing demand for these North American-sourced Light Rare Earth Elements.

 

On April 23, 2021, Defense Metals shares were trading at .415 cents in a 52-week range of 75 cents and $0.115, leaving the company with a market cap of $26.7 million based on 64,440,000 shares outstanding.

 

About Defense Metals Corp. https://defensemetals.com/

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

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