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VANCOUVER, BC, Aug. 12, 2026 /PRNewswire/ -- Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D) announces that Natural Resources Canada ("NRCan") has invited the Company to submit a Full Project Proposal under its Critical Minerals Research, Development and Demonstration ("CMRDD") and Global Partnerships Initiative ("GPI") programs. The invitation follows an expert committee assessment of the Company's Expression of Interest seeking up to C$32 million toward the Wicheeda Rare Earth Concentrator and Hydrometallurgical Feasibility Program (the "Program").
VANCOUVER, BC, July 13, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to provide shareholders with an update on the Company's continued progress in advancing the Wicheeda Rare Earth Project and positioning itself as a leading participant in the rapidly evolving North American critical minerals supply chain. While broader market conditions have contributed to recent weakness in the Company's share price, management believes the underlying value of Defense Metals continues to strengthen through consistent execution across multiple technical, strategic and commercial initiatives.
Non-binding MOU to encompass all of Hanwha Corporation affiliates' potential long-term rare earth supply requirements VANCOUVER, BC, May 27, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D) today announced that it has entered into a non-binding memorandum of understanding ("MOU") with Hanwha Ocean Co. Ltd ("Hanwha") and its affiliate Hanwha Corporation, signed on May 25, 2026, to explore a strategic collaboration involving the future supply of rare earth elements ("REEs") and potential investment opportunities. Defense Metals is a company focused on the development of its wholly owned Wicheeda Rare Earth Project (the "Wicheeda Project"), located near Prince George, British Columbia, Canada.
VANCOUVER, BC, May 12, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D), a company focused on the development of its wholly-owned Wicheeda Rare Earth Project (the "Wicheeda Project"), located near Prince George, British Columbia, Canada, is pleased to announce the commencement of a confirmatory pilot flotation plant test program for its Wicheeda Project. The program will be conducted at the SGS Canada Inc. metallurgical facility in Lakefield, Ontario.
VANCOUVER, BC, May 6, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D), a company focused on the development of its wholly-owned Wicheeda Rare Earth Project (the "Wicheeda Project"), located near Prince George, British Columbia, Canada, is pleased to announce that mobilization of field crews was completed on May 1, 2026 and its spring 2026 core drill program has started. "This drill campaign, with a particular focus on infill drilling, is strategically designed to both enhance and expand our current mineral resource and reserve estimates potentially resulting in the extension of the Wicheeda Project's mine life.
VANCOUVER, BC, April 16, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D), a company focused on the development of the Wicheeda Rare Earth Project ("Wicheeda Project"), located near Prince George, British Columbia, Canada, is pleased to announce that it has been included in the newly launched Sprott Rare Earth Ex-China ETF ("ETF" or "REXC"), the only ETF providing focused exposure to rare earths companies outside of China. "We are very pleased to have met the requirements for inclusion in the new Sprott Rare Earth Ex-China ETF, representing validation of our success in advancing our Wicheeda ("REE") Project in British Columbia," commented Mark Tory, Defense Metals' President and CEO.
VANCOUVER, BC, March 4, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D), a company focused on the development of the Wicheeda Rare Earth Project ("Wicheeda Project"), located near Prince George, British Columbia, Canada, is pleased to announce that it has been conditionally approved for up to C$1,878,250 in the second call for proposals under the Critical Minerals Infrastructure Fund ("CMIF"), which is now transitioning to the First and Last Mile Fund ("FLMF"), to advance its Wicheeda REE Clean Energy and Transportation Infrastructure Project. The funding is pending final due diligence and will support critical infrastructure planning initiatives for the Company's Wicheeda Rare Earth Elements ("REE") Project, located northeast of Prince George, British Columbia.
Robust Wicheeda Pre-Feasibility Economics Supported by Current Strong NdPr Price Environment VANCOUVER, BC, March 2, 2026 /PRNewswire/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D), a company focused on the development of the Wicheeda Rare Earth Project ("Wicheeda Project"), located near Prince George, British Columbia, Canada, is pleased to provide an update on certain key developments at its 100%-owned Wicheeda Project, including progress toward pilot-scale processing, ongoing technical studies, permitting initiatives, and strengthening rare earth market fundamentals. Current International NdPr prices have increased significantly since the release of the Wicheeda Preliminary Feasibility Study The Preliminary Feasibility Study ("PFS"), prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), demonstrates strong economics for Wicheeda as a long-life, open-pit rare earth operation producing a high-value mixed rare earth carbonate product, driven primarily by neodymium-praseodymium ("NdPr") revenues and low operating costs (refer to Company News Release February 18, 2025).