Defense Metals Corp. Reports 2021 Agm Results

DEFENSE METALS CORP. REPORTS 2021 AGM RESULTS

News Release - Vancouver, British Columbia – December 3, 202 1: Defense Metals Corp. (“ Defense

Metals” or the “Company”) (TSX-V: DEFN/ DFMTF: OTCQB / 35D: FSE) is pleased to announce that all

matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and

Information Circular, were approved by the requisite majority of votes cast at the annual general and special

meeting of shareholders held on December 3, 2021.

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, defense industry, national

security sector and in the production of green energy technologies, such as, rare earths magnets used in wind

turbines and in permanent magnet motors for electric vehicles. Defense Metals has an option to acquire 100%

of the 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 visit https://defensemetals.com/ or contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

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.

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws,

which may in clude, without limitation , 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 ad dress 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

anticipated costs and expenditures, 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 the risks and uncertainties relating to the interpretation of exploration results,

risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses

and those other risks filed under the Company’s profile on SEDAR at www.sedar.com. 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 . The Company does not undertake to update

forward‐looking statements or forward‐looking information, except as required by law .