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DEFN.V ·

Defense Metals Announces AGM Results

Shareholder Meetings

Defense Metals Announces AGM Results

VANCOUVER, BC

,

Dec. 19, 2024

/CNW/ -

Defense Metals Corp.

("

Defense Metals

" or the

"

Company

") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the voting

results of its annual general meeting of shareholders that took place

December 18, 2024

(the

"AGM").

At the AGM, the shareholders set the size of the board of directors at five. Detailed voting results

regarding the election of the directors are as set out in the following table:

Director Nominee

Number of

shares voted

for

% of shares

voted for

Number of

shares voted

withheld

% of shares

voted

withheld

Guy de Selliers de

Moranville

80,670,593

98.76 %

1,016,891

1.24 %

Dr. Luisa Moreno

75,825,040

92.82 %

5,862,444

7.18 %

Dale Wallster

75,825,402

92.82 %

5,862,082

7.18 %

P.E. Ted Kavanagh

81,760,691

99.98 %

16,793

0.02 %

Suzanne Rich Folsom

81,670,581

99.98 %

16,903

0.02 %

Shareholders also approved:

The appointment of Crowe MacKay LLP as the auditor for Defense Metals for the ensuing fiscal

year;

The authorization for the directors to fix the remuneration paid to the auditor; and

A resolution approving the Company's new 10% rolling omnibus incentive plan.

About Defense Metals Corp. and its Wicheeda Rare Earth Element Project

Defense Metals Corp. is focused on the development of its 100% owned, 11,800-hectare (~29,158-

acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian

Band in

British Columbia, Canada

.

The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of

Prince

George

, is readily accessible by a paved highway and all-weather gravel roads and is close to

infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian

National Railway and major highways allow easy access to the port facilities at

Prince Rupert

, the

closest major North American port to

Asia

.

For further information, please visit

www.defensemetals.com

or contact:

Alex Heath

Senior Vice President, Corporate Development & Interim CFO

Tel: +1 604-354-2491

Email:

[email protected]

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.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/defense-metals-announces-agm-results-302335941.html

SOURCE

Defense Metals Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/December2024/19/c7510.html

%SEDAR: 00042886E

CO: Defense Metals Corp.

CNW 07:20e 19-DEC-24