Tuesday, September 15, 2026
MiningNewsTerminal
Tuesday, September 15, 2026 Admin

DEFN.V ·

Defense Metals Announces New Executive Appointments and Board Changes

Management Changes

Defense Metals Announces New Executive Appointments and

Board Changes

VANCOUVER, BC

,

Jan. 9, 2025

/CNW/ -

Defense Metals Corp.

("

Defense Metals

" or the "

Company

"; (TSXV: DEFN) (OTCQB:

DFMTF) (FSE: 35D) is pleased to announce that Mr.

Mark Tory

has arrived in

Vancouver

and officially commenced his role with the

Company. Mr. Tory will serve as both President and Chief Executive Officer, succeeding Dr. Luisa Moreno in the President role.

Dr.

Luisa Moreno

has resigned as President but will remain on the Board of Directors. Additionally, Mr.

Martin Cronin

did not stand for re-

election at the Company's most recent Annual General Meeting. Mr. Cronin will continue to serve Defense Metals as an advisor.

The Company further announces that Mr. Tory has been appointed as a director, joining the Board which now consists of the following six

directors:

Suzanne Folsom

,

Luisa Moreno

,

Guy de Selliers

,

Dale Wallster

,

Ted Kavanagh

, and

Mark Tory

.

Mr.

Alex Heath

has been appointed as Corporate Secretary in addition to his current responsibilities as SVP Corporate Development &

Interim CFO.

Mr.

Guy de Selliers

, Executive Chair of Defense Metals, commented:

"We are excited to welcome Mark to

Vancouver

and are confident that his leadership and experience will further strengthen

Defense Metals' management team. We also wish to thank Luisa for her continued commitment to the Company, Martin for his

past service, and look forward to Mark's contributions on the Board of Directors."

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-new-executive-appointments-and-board-changes-302346806.html

SOURCE

Defense Metals Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2025/09/c7714.html

%SEDAR: 00042886E

CO: Defense Metals Corp.

CNW 07:20e 09-JAN-25