#RareEarth #Mining #Stocks Media Alert
for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) - ‘DEFENSE METALS: THE SCARCER THE GOODS, THE HIGHER THE PRICE’ ; @DefenseMetals
Vancouver, British Columbia, December 17, 2020 – Investorideas.com Newswire –Media alert for Defense Metals Corp. (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D).The company was featured in the following article : “E.ON, SARTORIUS, DEFENSE METALS: THE SCARCER THE GOODS, THE HIGHER THE PRICE.”
Read this news featuring DEFN in full at https://www.investorideas.com/news/2020/mining/12171DEFN-Rare-Earth-Mining.asp
Full article and Original source
https://news.financial/comments/e-on-sartorius-defense-metals-the-scarcer-the-goods-the-higher-the-price
Excerpt:
DEFENSE METALS: GOOD UNDERLYING
CONDITIONS, SPECULATIVE SHARE
Defense Metals is still a long way
from a share price performance like that of Sartorius. However, the Canadian
Company is also sitting on an essential commodity: rare earths. 90% of
this critical raw material is mined in China and found in many products, such
as consumer electronics and rechargeable batteries. Defense
Metals is developing one of the few rare earth properties in North America,
emphasizing the strategic importance of the metals, including to the defence
industry.
Recently, Jamie Spratt, an expert in
corporate finance, joined the Defense Metals team. The
appointment is a sign that Defense Metals wants to get down to business as
quickly as possible. The Company has an option to buy the
Wicheeda rare earth project near the Canadian city of Prince George.
Exploration drilling has already shown promise in recent months.
Given the growing scarcity of rare
earth metals and the simultaneous increase in demand for raw materials from
regions with high environmental standards, the general conditions for Defense
Metals are considered good. However, as the Company is still only valued at
just over EUR 7 million, the stock must be regarded as speculative.
Author
NICO POPP
At home in Southern Germany, the
passionate stock exchange expert has been accompanying the capital markets for
about twenty years. With a soft spot for smaller companies, he is constantly on
the lookout for exciting investment stories.
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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