Defense Metals Corp. is pleased to announce the appointment of Mr. Mark Tory to the position of Chief Executive Officer . Mr. Tory will commence his new role January 1, 2025, and will be relocating to Vancouver. Reporting to Defense Metals' Board of Directors, Mr. Tory will be responsible for leading the development of the world class Wicheeda [...]
Defense Metals announced the successful closing of its previously announced non-brokered bridge financing of secured convertible notes , raising $4,000,000 in gross proceeds. Update on Prefeasibility Study The proceeds of the Offering will enable Defense Metals to complete the Prefeasibility Study for the Wicheeda Rare Earth Element Project, carry [...]
Defense Metals Corp. is pleased to announce the signing of a Memorandum of Understanding with The Saskatchewan Research Council that will benefit both parties by promoting a collaborative and strategic approach to help strengthen the rare earth element supply chain within Canada. Guy de Selliers, Executive Chairman of Defense Metals, commented: "We [...]
Aug. 28, 2024 /CNW/ - Defense Metals Corp. is pleased to announce a proposed non-brokered bridge financing of secured convertible notes for minimum gross proceeds of CAD$2,500,000 and maximum gross proceeds of up to CAD$4,000,000 . The Company will not proceed with its previously announced private placement of units most recently disclosed in the [...]
Defense Metals Corp. today announced the resignations of Craig Taylor as Chief Executive Officer and Director, and Len Clough, Director, effective immediately. Guy de Selliers, Chairman of Defense Metals, commented: "We are grateful for Craig's contributions to Defense Metals and are saddened to see him leave the company. Under his leadership, the [...]
Defense Metals Corp. is pleased to confirm support from the Government of British Columbia in the development of its wholly owned Wicheeda Rare Earth Element Project. "Rare earth elements play a crucial role in green technologies like wind turbines and electric vehicle motors, and projects such as Wicheeda are integral to BC's critical minerals [...]
Defense Metals Corp. is pleased to announce the appointment of Guy de Selliers as Chairman of the Board of Directors of the Company. Mr. de Selliers, a director of Defense Metals, is a highly experienced professional with an illustrious career and will bring over four decades of expertise and vision as the Chairman of the Board of [...]
Defense Metals Corp. is pleased to announce the appointment of Suzanne Rich Folsom to the Board of Directors of the Company. Suzanne Rich Folsom is an experienced independent director, C-Suite executive, and influential business leader. Most recently she served as Senior Vice President and General Counsel, at Philip Morris International where she [...]
Defense Metals Corp. is pleased to announce that Ucore Rare Metals Inc. received and tested a Wicheeda mixed rare earth carbonate sample at its Kingston, Ontario, RapidSX™ Commercialization and Demonstration Facility . Ucore confirmed that this testing of the MREC material provides determination of its suitability as an MREC product for [...]
Defense Metals Corp. is pleased to announce the appointment of Mr. Guy de Selliers de Moranville as a new director to the Board of Directors. The Company also announces the resignation of Dr. William H. Bird as a Director, who will remain as a rare earth elements industry advisor. Mr. de Selliers is a highly experienced finance professional with an [...]
Defense Metals Corp. is pleased to announce the appointment of HCF International Advisers Limited , a leading global independent corporate finance advisory boutique based in London, UK, to conduct a strategic funding review for the Company's wholly-owned Wicheeda Rare Earth Element Project located in British Columbia, Canada. HCF specializes in [...]
Defense Metals Corp. is pleased to announce that samples of mixed rare earth carbonate have been shipped to two major Rare Earth Element companies. Samples generated by SGS Canada Inc. in Lakefield, Ontario during 2023 hydrometallurgical piloting test work performed on concentrate produced by earlier flotation pilot plant testing of a 26-tonne bulk [...]