Mining/Defense/Green
Energy Stock News Alert -Defense Metals (TSXV:
$DEFN.V) (OTCQB: $DFMTF) Appoints
Andrew Leland as Strategic Advisor @DefenseMetals
Vancouver, British Columbia October 9, 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 news
featuring DEFN in full at https://www.investorideas.com/news/2020/mining/10091Defense-Metals-Andrew-Leland-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)
