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Friday, September 24, 2021

#Uranium #Stocks in the News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Revaluates Its Athabasca Basin Uranium Projects; @DefenseMetals

#Uranium #Stocks in the News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Revaluates Its Athabasca Basin Uranium Projects; @DefenseMetals 

 

Vancouver, British Columbia – September 24, 2021: –Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce that in light of renewed and sustained uranium interest which has driven uranium spot prices to multi-year highs, it has commenced an updated internal technical review of its Athabasca Basin uranium project holdings.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/09241DEFN-Uranium.asp

 

During 2018, Defense Metals acquired 100% of the Geiger North and Klaproth projects for a combination of cash and share payments; with Geiger North being subject to a 2% net smelter return royalty. The projects comprise a total of five mineral claims totalling 9,363 hectares (ha) located in the northeast Athabasca Basin, with the Geiger North claims (1,233 ha) being in good standing until summer-fall 2022, and Klaproth (8,130 ha) in good standing until early 2023. 

 

Figure 1. Defense Metals Athabasca Basin Uranium Projects

See image at https://www.investorideas.com/news/2021/mining/09241DEFN-Uranium.asp

 

The Geiger North and Klaproth projects are located approximately 35 kilometres northwest of the McClean Lake mine and mill, in a relatively under-explored area of the Athabasca Basin adjacent to the Wollaston-Mudjatik transition zone – a major crustal suture related to most of the major uranium deposits in the eastern Athabasca Basin.

 

The Geiger North and Klaproth projects are surrounded by multiple major mining companies, giving the company a strategic foothold in a proven and prolific uranium mining district.

Uranium mineralization in the northeast Athabasca Basin and vicinity of the Geiger and Klaproth projects is typically associated sheared graphitic-gneiss basement rocks that present as prominent conductive anomalies. Defense Metals is currently initiating an updated review of historical exploration (diamond drilling, ground, and airborne magnetic and electromagnetic geophysical, and geochemical surveys) completed within the projects. The expectation is that results of the data review will form the basis for go-forward justification for renewed exploration up to and including commissioning of project wide airborne electromagnetic geophysical surveys to identify prospective basement conductive anomalies.

 

Craig Taylor, CEO of Defense Metals, stated: “The renewed interest in uranium has prompted Defense Metals to reassess its considerable land position in the prolific northeast Athabasca Basin. While the Company’s focus remains on advancing it flagship Wicheeda REE Deposit near Prince George, British Columbia, we look forward to further capitalizing on the shareholder value  brought by the Geiger North and Klaproth Projects.”

 

Qualified Person

The scientific and technical information contained in this news release 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. Past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Company’s properties.

 

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”.

 

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 Geiger North and Klaproth projects including any potential work programs, plans for its Wicheeda Property, 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 and the price of uranium, 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 the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses and those other risks 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, 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 and climate 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 or uranium, 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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Thursday, September 23, 2021

#Solar #Stocks Update- Solar Integrated Roofing (OTC: $SIRC) Announces Partnership with SVG to Expand Nationwide Contractor Network; @SIRCStock

#Solar #Stocks Update- Solar Integrated Roofing (OTC: $SIRC) Announces Partnership with SVG to Expand Nationwide Contractor Network; @SIRCStock

 

EL CAJON, CA / September 23, 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 that it has formed a strategic partnership with Storm Ventures Group (“SVG”) and SVG University to educate contractors within the SVG network on the benefits of adding solar to their service offering via USA Solar Networks, a member of the SIRC family of companies.

 

Read this news featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/09231SIRC-Nationwide-Contractor-Network.asp

 

Storm Ventures Group (SVG) is the premier contractor consulting firm.  With over 25 years of experience, the company mobilizes contractors throughout the U.S., Canada, Europe and Australia to successfully manage catastrophic storm events. SVG helps joint ventures build sales teams, project managers, property inspectors, and specialty trade contractors to help communities rebuild quickly after storms and catastrophic events. SVG, under the direction of CEO Anthony Delmedico, has created a new Solar Division alongside Solar Integrated Roofing Corp. that utilizes their sophisticated SVG University program to educate roofers on the lucrative solar industry.

 

USA Solar Networks, led by CEO Pablo Diaz, has created a full-service National Dealer and Contractor Program that supplies support, sales, and install services to its 95+ dealers across the country. The 40+ contractors that are used for the install services are all vetted and fully approved by USA Solar Networks, and are mandated to provide the best customer experience to all clients originating in the program. Per the terms of the agreement, USA Solar Networks will work with SVG and its network of contractors to drive new solar sales in key regions nationwide.

 

Diaz added: “The solar industry is booming, and the opportunity for growth from a partnership with a reputable firm like SVG is truly boundless. We believe this could drive an incremental 100 projects per monthly, generating millions in sustainable monthly revenues. This strategic partnership will enable USA Solar Networks to engage new dealers and continue to assert itself as the premier national solar dealer and contractor program in the country. I look forward to working with Anthony Delmedico and his team to drive sustainable value creation for our shareholders over the long-term.”

 

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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#Metals/ #GreenEnergy #Stock News -Defense Metals (TSXV: $DEFN.V)(OTCQB: $DFMTF) Revaluates its Athabasca Basin #Uranium Projects; @DefenseMetals

#Metals/ #GreenEnergy #Stock News -Defense Metals (TSXV: $DEFN.V)(OTCQB: $DFMTF) Revaluates its Athabasca Basin #Uranium Projects; @DefenseMetals 

 


Vancouver, British Columbia – September 23, 2021: –Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce that in light of renewed and sustained uranium interest which has driven uranium spot prices to multi-year highs, it has commenced an updated internal technical review of its Athabasca Basin uranium project holdings.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/09231DEFN-Athabasca-Basin-Uranium.asp

 

During 2018, Defense Metals acquired 100% of the Geiger North and Klaproth projects for a combination of cash and share payments; with Geiger North being subject to a 2% net smelter return royalty. The projects comprise a total of five mineral claims totalling 9,363 hectares (ha) located in the northeast Athabasca Basin, with the Geiger North claims (1,233 ha) being in good standing until summer-fall 2022, and Klaproth (8,130 ha) in good standing until early 2023. 

 

Figure 1. Defense Metals Athabasca Basin Uranium Projects

 


 

 

 

The Geiger North and Klaproth projects are located approximately 35 kilometres northwest of the McClean Lake mine and mill, in a relatively under-explored area of the Athabasca Basin adjacent to the Wollaston-Mudjatik transition zone – a major crustal suture related to most of the major uranium deposits in the eastern Athabasca Basin.

 

The Geiger North and Klaproth projects are surrounded by multiple major mining companies, giving the company a strategic foothold in a proven and prolific uranium mining district.

Uranium mineralization in the northeast Athabasca Basin and vicinity of the Geiger and Klaproth projects is typically associated sheared graphitic-gneiss basement rocks that present as prominent conductive anomalies. Defense Metals is currently initiating an updated review of historical exploration (diamond drilling, ground, and airborne magnetic and electromagnetic geophysical, and geochemical surveys) completed within the projects. The expectation is that results of the data review will form the basis for go-forward justification for renewed exploration up to and including commissioning of project wide airborne electromagnetic geophysical surveys to identify prospective basement conductive anomalies.

 

Craig Taylor, CEO of Defense Metals, stated: “The renewed interest in uranium has prompted Defense Metals to reassess its considerable land position in the prolific northeast Athabasca Basin. While the Company’s focus remains on advancing it flagship Wicheeda REE Deposit near Prince George, British Columbia, we look forward to further capitalizing on the shareholder value  brought by the Geiger North and Klaproth Projects.”

 

Qualified Person

The scientific and technical information contained in this news release 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. Past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Company’s properties.

 

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”.

 

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 Geiger North and Klaproth projects including any potential work programs, plans for its Wicheeda Property, 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 and the price of uranium, 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 the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses and those other risks 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, 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 and climate 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 or uranium, 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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Wednesday, September 22, 2021

#Metals / #GreenEnergy #Stock Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Reports Drills 215 Metres Carbonatite -the longest carbonatite interval ever drilled on the Project; @DefenseMetals


#Metals / #GreenEnergy #Stock Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Reports Drills 215 Metres Carbonatite -the longest carbonatite interval ever drilled on the Project; @DefenseMetals 

 

Vancouver, British Columbia – September 22, 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 provide an update with respect to its ongoing Wicheeda Rare Earth Element (REE) deposit resource expansion and delineation diamond drill program. The first drill hole of the 2021 campaign testing the North Zone of the Wicheeda REE Deposit has intersected a 215-metre core interval of visually REE mineralized carbonatite, the longest carbonatite interval ever drilled on the Project (Figure 1). The program is progressing on schedule and is currently on the 4th drill hole, with over 750 metres drilled to date.

 

Read this news and see the images from DEFN in full at https://www.investorideas.com/news/2021/mining/09221DEFN-Carbonatite.asp

 

The road accessible Wicheeda REE Property 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% LREO1.

 

Figure 1. REE Mineralized Carbonatite from WI21-33 (47-55 metres downhole)

 

See the images from DEFN in full at

 

https://www.investorideas.com/news/2021/mining/09221DEFN-Carbonatite.asp

 


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)


Drill hole WI21-33 (350az/-80o) was designed to test the North Zone of the Wicheeda REE Deposit, which remains open to expansion, and collared into visually REE mineralized carbonatite, and remained in carbonatite to a depth of 220 metres downhole. Significantly the intercept extends 120 metres vertically below the bottom of nearest mineralized drill hole (WI19-32) and 70 metres and below the base of the current resource pit shell, reinforcing that the north end of the Wicheeda REE Deposit is open to expansion (Figure 2).

 

The drill hole was designed to follow-up and expand to depth mineralization in nearby 2019 drill holes that yielded some of the highest REE grades to date including hole WI19-31 that intersected 4.43% LREO over 83 metres; including 5.47% LREO over 33 metres; and WI19-32 the final hole of the 2019 campaign that returned 4.01% LREO over 58 metres2 (see Defense Metals News Release Dated December 12, 2019).

 

The 2021 Wicheeda diamond drill program is designed to build on the successes of the 2019 campaign in support of future advanced economic studies. The 2021 drill program will focus on expanding the zone REE mineralized dolomite-carbonatite to the north, in addition to further delineating existing inferred resources within the central and northwestern areas of the deposit

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is extremely pleased to not only be making steady progress in completing our 2021 resource expansion and delineation drill program, but to have out first hole exceed our expectation in terms of visual indications of REE mineralization and being the longest carbonatite interval drilled to date on the Project. This reaffirms our believe in the significant expansion potential of the Wicheeda REE Deposit.”

 

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.

 

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.

 

 


2 The true width of REE mineralization is estimated to be 70-100% of the drilled interval.


 

Figure 2. Wicheeda REE Deposit Long Section Looking West

See the images from DEFN in full at

 

https://www.investorideas.com/news/2021/mining/09221DEFN-Carbonatite.asp


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”.

 

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 ongoing optimization test work and the expected outcomes, operation of a future hydrometallurgical pilot plant, plans for its Wicheeda Property, 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 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, 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, 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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