Defense Metals Reports 2023 Annual General and Special Meeting Results
Suite 228-1122 Mainland St.
Vancouver, BC V6B 5L1
(DEFN:TSXV)
www.defensemetals.com
Defense Metals Reports 2023 Annual General and Special Meeting Results
News Release - Vancouver, British Columbia – December 18, 2023: Defense Metals Corp.
(“Defense Metals” or the “Company”; TSX-V:DEFN / OTCQB:DFMTF / FSE:35D) 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 15, 2023, including
fixing the number of directors at eight, electing each of Craig Taylor, Luisa Moreno, Andrew
Burgess, William Bird, Dale Wallster, Len Clough, Martin Cronin and Ted Kavanagh as directors
of the Company to hold office for the ensuing year, appointing Crowe MacKay LLP as the
Company’s auditors for the ensuing year and authorizing the board of directors to set their
remuneration and approving the Company’s stock option plan.
The Company also announces the granting of incentive stock options (“Options”) to certain of its
directors, officers and consultants to purchase up to an aggregate 5,700,000 common shares of the
Company at a price of $0.16 per common share for a period of three years. 200,000 Options granted
to Bluesky Corporate Communications Ltd. will vest in stages over a period of 12 months in equal
portions every three months starting three months after the date of grant. The remaining Options
vest on the date of grant.
About Defense Metals Corp.
Defense Metals Corp. is a mineral exploration and development company focused on the
development of its 100% owned Wicheeda Rare Earth Element Deposit located near Prince
George, British Columbia, Canada. Defense Metals Corp. trades on the TSX Venture Exchange
under the symbol “DEFN”, in the United States, trading symbol “DFMTF” on the OTCQB and in
Germany on the Frankfurt Exchange under “35D”.
Defense Metals is a proud member of Discovery Group. For more information please visit:
http://www.discoverygroup.ca/
For further information, please visit www.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.
Suite 228-1122 Mainland St.
Vancouver, BC V6B 5L1
(DEFN:TSXV)
www.defensemetals.com
Cautionary Statement Regarding “Forward-Looking” Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities
laws, which may include, 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 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 ass umptions 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 genera l 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 SEDA R at
www.sedarplus.ca. 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.