#RareEarth #Mining Media Alert for Defense
Metals (TSX-V:
$DEFN.V) (OTCQB: $DFMTF)- LYNAS RARE
EARTHS, DEFENSE METALS, ARAFURA RESOURCES - RARE EARTHS: STILL IN TIME TO GET
IN BEFORE THE BOOM! @DefenseMetals #EVStocks #BatteryStocks
Vancouver, British Columbia, January 26, 2021 – Investorideas.com Newswire –Media alert for Defense Metals Corp. (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D).The company was featured in the following article : “LYNAS RARE EARTHS, DEFENSE METALS, ARAFURA RESOURCES - RARE EARTHS: STILL IN TIME TO GET IN BEFORE THE BOOM!”
Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/01262DEFN-Rare-Earths.asp
Full article and Original source
https://news.financial/comments/lynas-rare-earths-defense-metals-arafura-resources-rare-earths-still-in-time-to-get-in-before-the-boom
Excerpt:
China has dominated the
rare earths market for a long time. A supply shortage in the People's Republic
and a substantial increase in demand can lead to a massive price increase of
the commodity group at any time. These price increases are then often reflected
in the share price of relevant players. Rare earth metals are in demand in a
wide range of industries and to close the emerging supply gap the production of
rare earth metals must be increased outside of China. We present three
opportunity stocks that will benefit from industry trends and scarcity prices
as producers or prospective producers.
DEFENSE METALS CORP -
TEST WORK PLANNED (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D).
The Canadian exploration
Company is focused on advancing the Wicheeda Rare Earth Project, which covers
approximately 1,700 hectares in the state of British Columbia. The resource
estimate includes 4.89 million tonnes of indicated light rare earth elements
(LREO) at an average grade of 3.02% and an inferred resource of 12.1 million
tonnes at an average LREO grade of 2.90%.
Recently, the Company
announced that it would receive government funding in conjunction with the
Saskatchewan Research Council to provide financial support for technological
innovation. Specifically, the project is to conduct test work using an
innovative X-ray method to improve the recovery of rare earth metals. The
government will cover 70% of the costs.
Things are moving forward
at Defense Metals. The Company is benefiting from rising rare earth prices and
from further development of the project. With a current market capitalization
of CAD 25 million, Defense Metals is still a bargain.
Full article and Original source
https://news.financial/comments/lynas-rare-earths-defense-metals-arafura-resources-rare-earths-still-in-time-to-get-in-before-the-boom
Author
CARSTEN MAINITZ
CONFLICT OF INTEREST &
RISK NOTE
In accordance with §34b
WpHG we would like to point out that Apaton Finance GmbH as well as partners,
authors or employees of Apaton Finance GmbH may hold long or short positions in
the aforementioned companies and that there may therefore be a conflict of
interest. Apaton Finance GmbH may have a paid contractual relationship with the
company, which is reported on in the context of the Apaton Finance GmbH
Internet offer as well as in the social media, on partner sites or in e-mail
messages. Further details can be found in our Conflict of Interest & Risk
Disclosure.
About Defense Metals Corp. https://defensemetals.com/
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
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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