Wednesday, August 18, 2021

#Solar #Stock News - Solar Integrated Roofing Corp. (OTC: $SIRC) Signs Joint Venture to Host Nationwide Solar Educational Events; @SIRCStock

#Solar #Stock News - Solar Integrated Roofing Corp. (OTC: $SIRC) Signs Joint Venture to Host Nationwide Solar Educational Events; @SIRCStock

 

Company Forms Non-Dilutive Partnership to Launch Educational Event Series Nationwide, Driving New Contractors to Join SIRC Subsidiary USA Solar Networks

 

Each Event Expected to Generate $1.5M in Recurring Monthly Revenue from SIRC Subsidiary USA Solar Networks; New Events to be Held Monthly

 


EL CAJON, CA / August 18, 2021 /
 Solar 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, announced today that it has signed a joint venture agreement with American Contractor and ContractorCoachPRO to market and produce elite solar educational events for prospective solar installers each month in key markets nationwide – which the Company expects could generate $1.5 million in recurring monthly revenue per event from contractors who join SIRC subsidiary USA Solar Networks.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/08181SIRC-Solar-Educational-Events.asp

 

American Contractor is a national media company that hosts the American Contractor Show, a hybrid of live and recorded segments to create a discussion around topics that help contractors grow and elevate their businesses by exposing them to amazing minds and the tactics used to grow. ContractorCoachPRO guides clients through systems and processes to take control of their business, experience explosive growth and achieve the financial freedom to pursue their dreams.

 

Under the terms of the agreement, beginning in September 2021 the partners will host complimentary monthly events in nationwide “solar friendly” markets affording the opportunity to contractors to either convert to or add solar to their business plan by joining USA Solar Networks, a subsidiary of Solar Integrated Roofing. The memorable two-to-three-hour educational seminar and bootcamp will also include elite networking opportunities. Revenue from the events will be generated both from contractors choosing to join USA Solar Networks as well as from business, sales and marketing educational videos.

 

“American Contractor and ContractorCoachPRO have become well-known brands that deliver entertaining, educational content aimed at coaching contractors and those interested in contracting,” said David Massey, Chairman and Chief Executive Officer of Solar Integrated Roofing Corp. “Our partnership was a natural fit to introduce contractors to the benefits and opportunities of including solar products and services in their business plan through our USA Solar Networks subsidiary. With the growing capabilities spanning the SIRC family of companies, we believe that we can effectively cover all aspects of creating a best-in-class business platform for contractors looking to dive into solar under our umbrella.The key to this program is the synergy between USA Solar Networks, American Contractor and ContractorCoachPRO. With USA Solar Networks' experience and knowledge of the solar industry, and network administrative support, American Contractors ability to market, produce and create a memorable event experience and ContractorCoachPRO’s ability to support the network with business best practices, sales, and marketing for the member dealers, this partnership will provide the highest likelihood of success for member dealers.”

“Our monthly events will serve as an ideal introduction to our family of companies and has the potential to produce significant recurring revenue and profit. We are targeting a monthly attendance of 50 contractors and project 20% of event attendees will choose to join us. If each contractor then contributes an average of 5 deals a month at an average of $40,500 per deal, each event could conservatively generate over $1.5 million in recurring revenue per month – which adds up quickly over several events. We look forward to working closely with the team at American Contractor and ContractorCoachPRO to host these highly beneficial and educational events to contractors around the country while growing value for our shareholders in a non-dilutive manner,” Massey concluded.

 

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 serves communities by delivering the best experience through constant innovation & legacy-focused leadership. 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.

 

About American Contractor LLC.

American Contractor LLC is an industry-specific media company focused on providing entertainment and education to all contractors who want to achieve the American Dream. The company serves all contractors as an outlet to find new products, best practices and key advice through its various social media outlets and industry events. In addition to serving other industry events across the country focused on contractors, American Contractor produces its own events in the form of virtual summits, TOP REP Intensive Sales Training and now the American Contractor Solar Jumpstart. Please visit the company’s website at www.americancontractorshow.com.

 

About ContractorCoachPRO LLC.

ContractorCoachPRO LLC is an industry-specific business consulting company focused on the home services contractor niche. ContractorCoachPRO has coached 300+ companies who have generated over 3 billion dollars in revenues over the last 8 years. ContractorCoachPRO has a staff of executive level coaches who work through their proprietary “Contractor Blueprint” to provide Leadership, Culture, Process, Human Resources, Finance, Accountability, Technology, Marketing, Sales, Production, Training and Recruiting to their clients. ContractorCoachPRO’s services are delivered through 1-on-1 coaching, group coaching, the Contractor’s Training Room learning platform and the Contractor Strategy Conference. Please visit the company’s website at www.contractorcoachpro.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
Director
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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Friday, August 13, 2021

#Cleantech and #ClimateChange #Podcast: Exclusive Interview with Jamie MacDonald, Reseller of dynaCERT Inc.'s (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) #Hydrogen #CarbonEmission Reduction #Technology; @dynaCERT

#Cleantech and #ClimateChange #Podcast: Exclusive Interview with Jamie MacDonald, Reseller of dynaCERT Inc.'s (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) #Hydrogen #CarbonEmission Reduction #Technology; @dynaCERT

 

Point Roberts, WA, Delta, BC, August 13,  2021 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues an exclusive Cleantech and Climate Change Podcast interview with Jamie MacDonald, President of Mobile Emissions Testing Inc. and an authorized reseller of dynaCERT Inc.‘s (TSX: DYA) (OTCQX: DYFSF(FRA: DMJ).HydraGEN™ Carbon Emission Reduction Technology.

 

Jamie passionately discusses the real world impact of the technology in the trucking industry and how he has witnessed first-hand the benefits of its clean technology.

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/081121-CleanTech-dynaCERT.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cleantech-climatechange/08131dynaCERT-Exclusive-Interview.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Talking about how HydraGEN™ Carbon Emission Reduction Technology has been shown to meet EPA  emission standards and save companies substantial financial damage from lawsuits, he explained, “The government put in place these massive reductions of Nitrogen oxide (NOx) and particulate matter that became law in 2007 but the technology wasn't really there to be able to make these vehicles run reliably. And as good as they are, a year or two older engine will run forever while these new ones are always in the shop. Many are not going to buy a newer than 2007, especially owner-operators. They would rather put a new engine in an older truck, something that's reliable, than roll the dice on these newer ones.”

 

Continued: “Being involved with the emissions industry and having over 4,500 customers with these systems, we saw it plagued the industry with reliability issues. If you needed one truck to do the job and then it turns out you need to buy two trucks because one is always in the shop, it’s very expensive with costly downtime. A large system can cost upwards of $30,000 to maintain annually.”

 

“One of the lawsuits in the industry was upwards of two billion dollars in North America alone. dynaCERT can be a savior to the trucking industry for these vehicles that are being plagued by these lawsuits. HydraGEN™ is able to reduce the emissions of these older engines. If we can meet the tailpipe emissions based on 2010 EPA engine standards on a 1998 engine, this is something that I am very, very passionate about. It is one of the main reasons that we became a HydraGEN™ dealer, to have these tailpipe emissions rival a newer truck, with something that's older or been tampered with.”

 

He also told Investor Ideas, “dynaCERT’s technology reduces Nitrogen oxide (NOx) emissions by up to 88% and that is completely unbelievable in the industry. They really have a product that I'm very proud to be a part of.”

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Podcast host: Dawn Van Zant, founder of Investorideas.com


If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.   Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos.

 

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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp Disclosure: DYA is a paid monthly featured cleantech stock on Investorideas.com 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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Thursday, August 12, 2021

#Cleantech and #ClimateChange #Podcast: Back to the Future with dynaCERT ‘s (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) HydraGEN™; @dynaCERT



 

 

 

#Cleantech and #ClimateChange #Podcast: Back to the Future with dynaCERT ‘s (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) HydraGEN™; @dynaCERT

 

Interview with President of Mobile Emissions Testing Inc. and reseller of dynaCERT Inc.‘s #Hydrogen #CarbonEmission Reduction #Technology



Point Roberts, WA, Delta, BC, August 12,  2021 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues an exclusive Cleantech and Climate Change Podcast interview with Jamie MacDonald, President of Mobile Emissions Testing Inc. and an authorized reseller of dynaCERT Inc.‘s (TSX: DYA) (OTCQX: DYFSF(FRA: DMJ).HydraGEN™ Carbon Emission Reduction Technology.

 

Jamie passionately discusses the real world impact of the technology in the trucking industry and how he has witnessed first-hand the benefits of its clean technology.

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/081121-CleanTech-dynaCERT.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cleantech-climatechange/08121dynaCERT-HydraGEN.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Talking about how HydraGEN™ Carbon Emission Reduction Technology has been shown to meet EPA  emission standards and save companies substantial financial damage from lawsuits, he explained, “The government put in place these massive reductions of Nitrogen oxide (NOx) and particulate matter that became law in 2007 but the technology wasn't really there to be able to make these vehicles run reliably. And as good as they are, a year or two older engine will run forever while these new ones are always in the shop. Many are not going to buy a newer than 2007, especially owner-operators. They would rather put a new engine in an older truck, something that's reliable, than roll the dice on these newer ones.”

 

Continued: “Being involved with the emissions industry and having over 4,500 customers with these systems, we saw it plagued the industry with reliability issues. If you needed one truck to do the job and then it turns out you need to buy two trucks because one is always in the shop, it’s very expensive with costly downtime. A large system can cost upwards of $30,000 to maintain annually.”

 

“One of the lawsuits in the industry was upwards of two billion dollars in North America alone. dynaCERT can be a savior to the trucking industry for these vehicles that are being plagued by these lawsuits. HydraGEN™ is able to reduce the emissions of these older engines. If we can meet the tailpipe emissions based on 2010 EPA engine standards on a 1998 engine, this is something that I am very, very passionate about. It is one of the main reasons that we became a HydraGEN™ dealer, to have these tailpipe emissions rival a newer truck, with something that's older or been tampered with.”

 

He also told Investor Ideas, “dynaCERT’s technology reduces Nitrogen oxide (NOx) emissions by up to 88% and that is completely unbelievable in the industry. They really have a product that I'm very proud to be a part of.”

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Podcast host: Dawn Van Zant, founder of Investorideas.com


If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.   Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos.

 

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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp Disclosure: DYA is a paid monthly featured cleantech stock on Investorideas.com 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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Sign up for free stock news alerts at Investorideas.com

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Contact Investorideas.com

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Wednesday, August 11, 2021

#Cleantech News: Solar Integrated Roofing (OTC: $SIRC) Appoints CEO David Massey as Chairman; Advances Uplisting Strategy; @SIRCStock

#Cleantech News: Solar Integrated Roofing (OTC: $SIRC) Appoints CEO David Massey as Chairman; Advances Uplisting Strategy; @SIRCStock

 

EL CAJON, CA / August 11, 2021 / Solar 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 Board of Directors has unanimously elected CEO and Director, David Massey, as Chairman of the Board. In addition, the Board of Directors have unanimously elected Jason Newby, Founder of recently acquired Future Home Power, to the Board of Directors – completing another step in the Company’s path towards a planned Nasdaq uplisting.

 

Read this news featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/08111SIRC-David-Massey-Chairman.asp

 

“I am truly honored to take on the role of Chairman, helping to guide Solar Integrated Roofing as it turns its focus to achieving scale and profitability,” said David Massey, Chairman and Chief Executive Officer of Solar Integrated Roofing Corp. “Our leadership and corporate governance teams have continued to grow as we integrate executives from our acquisitions, and we welcome Jason Newby to the Board. His leadership and sales execution at Future Home Power will help us expand the breadth and depth of our reach as a company, and I look forward to embracing his guidance and experience as a Director.

 

“With these new Board appointments, we have stronger corporate governance than ever, and are rapidly advancing towards meeting the requirements for our planned Nasdaq uplisting – which is our highest priority on the capital markets front. On the business side, we continue to execute on our strategy to prioritize organic growth, with key marketing initiatives tracking well with our expectations – achieving regular monthly sales records. I look forward to further execution in the quarters ahead as we strive to create sustainable, long-term value for our shareholders,” 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 serves communities by delivering the best experience through constant innovation & legacy-focused leadership. 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
Director
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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#Mining #Stocks in the News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Announces Landmark MOU With Sinosteel MECC; @DefenseMetals

#Mining #Stocks in the News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Announces Landmark MOU With Sinosteel MECC; @DefenseMetals

 

MOU For Information Sharing, Beneficiation Testwork, And Investigation Into Establishing A Large-scale Pilot Plant At The Wicheeda Rare Earth Property

 

Vancouver, British Columbia – August 11, 2021: Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce the execution of a non-binding Memorandum of Understanding (“MOU”) with Sinosteel Equipment & Engineering Co., Ltd (“Sinosteel MECC”), a subsidiary of Sinosteel Corporation, consisting of information sharing, beneficiation testwork and potential concentrator design research cooperation, and an investigation into the establishment of an on-site large-scale pilot plant at the Wicheeda Rare Earth Property (“Wicheeda”) to assess the economic and technical feasibility of full-scale mine development.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/08111DEFN-MOU.asp

 

Pursuant to the MOU, areas of cooperation between the Parties are as follows:

 

1)   Defense Metals will share Wicheeda project information with Sinosteel MECC including but not limited to:

a)   Mine development,

b)   Permitting and licences,

c)    Transport logistics,

d)   Project financing,

e)   Cash cost analysis, and

f)    Situational updates.

 

Sinosteel MECC will share with DEFN its experience in the rare earths industry relating to beneficiation, Engineering Procurement Construction (“EPC”) and EPC financing, and other general knowledge including pricing, costs, and other relevant matters in the rare earth elements industry.

 

2)   Defense Metals will provide Sinosteel MECC with a representative mineralization sample to carry out beneficiation testwork with the objective of compiling research to design a concentrator suitable for handling Wicheeda feed material. The testwork results will be used in conjunction with the ongoing Preliminary Economic Assessment to optimise design for the future project.

a)   Wicheeda rare earth sample will total approximately 200kg and will be sent to Sinosteel MECC as soon as practicable and subject to obtaining any necessary government permits and approvals.

b)   It is anticipated the testwork will take approximately 4.5 months and cost US$200,000.

c)    After receiving the testwork results, both parties will assess and discuss how to design a concentrator suitable for Wicheeda feed material.

 

3)   The proposed pilot plant will consist of both a beneficiation and hydrometallurgical process to produce bulk samples of rare earth concentrate, mixed rare earth carbonate, and high-purity rare earth oxides.

a)   DEFN will assess the cost value assigned to the EPC contract and will inform Sinosteel MECC as the proposed pilot plant progresses.

b)   DEFN will review if additional related infrastructure will be required for the pilot plant can be included in the EPC contract for Sinosteel MECC.

c)    Sinosteel MECC, as the general contractor, will be responsible for the design, procurement of equipment, construction, installation, commissioning, training and other works of the pilot plant following general EPC terms.

d)   It is envisioned the pilot plant will be fully constructed in modules in China before being transported and installed at Wicheeda.

e)   Both parties agree to enter into discussions regarding Sinosteel MECC providing or sourcing EPC financing solutions for development the pilot plant such as:

a)   Flexible financing solutions supported by Sinosteel MECC but based on conditions to the satisfactory of Sinosteel MECC, and

b)   Assisting DEFN to find proper investors from China or other countries.

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is pleased to announce a landmark MOU with Sinosteel MECC a major player in the global mining industry and looks forward to updating shareholders with further information as project development talks continue between the two companies.”

 

Brendan Jephcott, Director of Golden Dragon Capital Ltd. and advisory to Defense Metals stated: “Sinosteel MECC has a long commercial history and has completed more than 400 major metallurgical projects for the Chinese government and built many of the largest international projects ever undertaken by People’s Republic of China.

 

About the Wicheeda REE Property

 

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein. 

 

About Defense Metals Corp.

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”.

 

About Sinosteel Corporation

Sinosteel Corporation is a central enterprise under the administration of the State-Owned Assets Supervision and Administration Commission (“SASAC”) and is engaged in the development and processing of metallurgical mineral resources, trading and logistics of metallurgical raw materials and products, and related engineering technical service and equipment manufacturing. It is a large multi-national enterprise with clearly-defined businesses that integrate resources development, trade & logistics, engineering projects, science & technology, equipment manufacturing to provide comprehensive services for the steel industry and other strategic emerging industries.

 

About Sinosteel MECC

Sinosteel MECC is a subsidiary of Sinosteel Corporation and its business covers product trading and mining project construction. Sinosteel MECC has previously cooperated with Australian rare earths company Northern Minerals Ltd. where it was granted the EPC contract for the engineering, procurement, and construction of a 60,000tpa pilot plant for the Browns Range Rare Earth Project located in Western Australia.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the MOU and the expected outcomes and developments that may arise, plans for the Wicheeda Property,  completion of test-work by Sinosteel MECC, shipment of samples to Sinosteel MECC,  completion of PEA, the advancement and development of the Wicheeda Property, 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 governmental approvals will be obtained, 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. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, governmental, competitive and regulatory uncertainties and risks. 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 or obtain 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, failure to obtain equipment, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

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[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com).