Defense Metals Corp. announces OTCQB up-listing and DTC eligibility
Defense Metals Corp. announces
OTCQB up-listing and DTC eligibility
VANCOUVER, May 2, 2019 /CNW/ - Defense Metals Corp. (the
"Company") (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) is pleased
to announce that it has obtained DTC eligibility by the Depository
Trust Company ("DTC") for electronic settlement and transfer of its
common shares in the United States and will trade under the symbol
"DFMTF" on the OTCQB. The Company's common shares will
continue to trade on the TSX Venture Exchange under the symbol
"DEFN" and on the Frankfurt Exchange under the symbol of "35D".
The Company is confident that trading on the OTCQB will add to its
liquidity and continue to build a stronger investor base in the United
States and abroad.
About the Company
Defense Metals Corporation. 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, light weight, rare earth magnets. The Company
(i) Working on and has an option to acquire 100% of the 1,780
Hectare Wicheeda Rare Earth Element Project located in Prince
George, British Columbia, Canada (ii) Owns a 100% interest in
prospective uranium claims in the N.E. section of the prolific
Athabasca Basin, Saskatchewan and (iii) Has an option to acquire
100% of the Lac Burge gold property located northeast of Val d'Or,
Quebec. Defense Metals Corp. trades in Canada under "DEFN" on
the TSX Venture Exchange, The United States, under "DFMTF" on
the OTCQB and the German, Frankfurt Exchange under the symbol
of "35D".
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 includes certain statements that constitute
"forward-looking information" within the meaning of applicable
securities law, including without limitation, the Company's plans for its
properties/projects, increasing liquidity of the common shares, other
statements relating to the technical, financial and business prospects
of the Company, and other matters.
Forward-looking statements address future events and conditions and
are necessarily based upon a number of estimates and assumptions.
These statements relate to analyses and other information that are
based on forecasts of future results, estimates of amounts not yet
determinable and assumptions of management. Any statements that
express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or
future events or performance (often, but not always, using words or
phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or "intends",
or stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved), and
variations of such words, or the negative of any of these terms and
similar expressions and similar expressions are not statements of
historical fact and may be forward-looking statements. Forward-
looking statement are necessarily based upon a number of factors
that, if untrue, could cause the actual results, performances or
achievements of the Company to be materially different from future
results, performances or achievements express or implied by such
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. While
such estimates and assumptions are considered reasonable by the
management of the Company, they are inherently subject to
significant business, economic, competitive and regulatory
uncertainties and risks. Forward-looking statements are subject to a
variety of risks and uncertainties, which could cause actual events,
level of activity, performance or results to differ materially from those
reflected in the forward-looking statements. These risks, as well as
others, could cause actual results and events to vary significantly.
Investors are cautioned that forward-looking statements are not
guarantees of future performance or events and, accordingly are
cautioned not to put undue reliance on forward-looking statements
due to the inherent uncertainty of such statements. The forward-
looking statements included in this news release are made as of the
date hereof and the Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise, except as expressly
required by applicable securities legislation.
SOURCE Defense Metals Corp.
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For further information: Todd Hanas, Bluesky Corporate
Communications Ltd., Vice President, Investor Relations, Tel: (778)
994 8072, Email: [email protected]
CO: Defense Metals Corp.
CNW 03:05e 02-MAY-19