Defense Metals Corp.

Defense Metals Corp. is pleased to announce that, further to its news release dated October 31, 2025, the Company has closed the second and final tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$576,000 through the issuance of 1,920,000 units of the Company . Total gross proceeds of the Offering, combined with the concurrent brokered private placement, were C$16,729,334 [...]

Defense Metals Corp. is pleased to announce that the Company has closed its previously announced brokered "best efforts" private placement and non-brokered private placement for aggregate gross proceeds of C$16,153,334. Under the Brokered Offering, the Company raised gross proceeds of C$11,500,200, issuing 38,334,000 units of the Company at a price of C$0.30 per Unit, which includes the full exercise of the option granted [...]

Defense Metals Corp. announces, further to its press release dated October 20, 2025, that it has filed an amended offering document for its private placement offerings previously announced on October 20, 2025 . The amendments include updates on fees payable in connection with the Non-Brokered Offering . There are no changes to the previously announced terms of the Brokered Offering . Pursuant to the Offering, the Company [...]

Defense Metals Corp. , is pleased to announce the appointment of Ali Mahdavi as Senior Vice President, Corporate Development and the granting of incentive stock options to employees and directors who have recently joined Defense Metals. "As we continue to advance our Wicheeda critical minerals project, we are delighted with the addition of Ali to the Defense Metals management team." said President and CEO, Mark Tory [...]

Defense Metals Corp. is pleased to announce that it intends to complete a private placement consisting of a brokered offering of up to 33,334,000 units of the Company for gross proceeds of up to approximately $10,000,000 , and a non-brokered offering of up to 16,666,667 Units for gross proceeds of up to approximately $5,000,000 , all for aggregate gross proceeds of up to approximately $15,000,000 . The Company has entered [...]

Defense Metals Corp. is pleased to provide an update on the more significant developments that have taken place since its last private placement of shares in May 2025. Project Study Update Following the release of the Pre-Feasibility Study for the Wicheeda project in May 2025 , the Company has been working towards commencing a Definitive Feasibility Study in the first half of 2026. The PFS, prepared in compliance with [...]

Defense Metals announces that it has entered into a shares-for-debt settlement agreement with HCF International Advisers Limited in connection with outstanding debt related to financial advisory services previously provided to the Company. Pursuant to the Agreement, Defense Metals will settle an aggregate of $158,200 in outstanding payables owed to HCF through the issuance of 988,750 common shares at a deemed price of [...]

Defense Metals announces that it has entered into a shares-for-debt settlement agreement with Hatch Ltd. in connection with outstanding debt related to engineering services previously provided to the Company. Pursuant to the Agreement, Defense Metals will settle an aggregate of $846,547.31 in outstanding payables owed to Hatch through the issuance of 5,290,920 common shares at a deemed price of $0.16 per share. In [...]

Defense Metals Corp. is pleased to announce the appointment of David Baker as CFO and Head of Strategy, who will assume his position on August 1, 2025. Mr. Baker earned his Bachelor of Economics and designation as a Chartered Accountant in Australia before settling in Vancouver in 2005 where he completed an MBA at the University of British Columbia and became a Canadian citizen. Mr. Baker worked within the Ivanhoe Mines [...]

Defense Metals Corp. is pleased to announce it has received a Letter of Interest from Export Development Canada , the Government of Canada's export credit agency, expressing its interest in participating as a Mandated Lead Arranger for potential debt financing of up to US$250 million from EDC to support the development and construction of Defense Metals' flagship Wicheeda Rare Earth Element Project, located in British [...]