#Mining/ #Defense #Stock to Watch: Defense Metals
(TSXV: $DEFN.V) (OTCQB: $DFMTF) Appoints Strategic Advisor- Systems Engineer
with Lockheed Martin (NYSE: $LMT); @DefenseMetals
Vancouver, British Columbia October 13, 2020– Investorideas.com Newswire and Homelanddefensestocks.com defense stock news
- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF / FSE:35D) is
pleased to announce the appointment of Mr. Andrew Leland as a Strategic Advisor
to the Company.
Read this in full
at https://www.investorideas.com/news/2020/mining/10131Defense-Metals-Strategic-Advisor.asp
Andrew
Leland commented that:
“There
has never been a more pressing time than now for the United States of America
and its allies to secure Rare Earth Elements from safe, reliable and friendly
countries.”
Mr.
Leland, Systems Engineer (Science and Technology/Innovation focus) with Lockheed
Martin (NYSE: LMT) since 2017,
directly support’s a Special Operation customer’s innovation cell, which
identifies innovation needs of the Special Operation’s enterprise, finds solutions,
partners with strategic partners, and enables transition to acquisition
programs of records.
Mr.
Leland earned his commission in US Army in 1998 as a graduate of the Reserve
Officer Training Corps program at Norwich University. He served as an US Army
Air Defense Officer focused on Short Range Air Defense for eight years, and has
participated in multiple combat tours supporting Operation Enduring Freedom and
Operation Iraqi Freedom (OEF/OIF) operations in Saudi Arabia, Qatar, and Iraq. After leaving the service in 2006, Mr. Leland
has been employed with companies across both industry and defense contracting
sectors. Mr. Leland’s bio: https://www.linkedin.com/in/andrew-leland-764a3b8
Craig
Taylor, Chief Executive Officer and Director of Defense Metals comments:
“Mr.
Leland brings a wealth of experience and strategic know-how, through his
experience with Lockheed Martin and several other major US defense contractors.
These relationships will be instrumental in helping Defense Metals find
partnerships, secure potential offtake agreements, and other business
opportunities. He is very familiar with working with high-level government and
military personnel as well as corporate and technology executives which will
provide an enormous advantage for Defense Metals moving forward. We are excited
to work with Andrew and know he will add tremendous value to our team.”
Wicheeda
REE Project
The Wicheeda REE 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].
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”.
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.
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.
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.
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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)
