Stockwatch

Defense Metals Corp
Symbol	DEFN
Shares Issued	255,779,571
Close 2023-12-15	C$ 0.16
Market Cap	C$ 40,924,731
Recent Sedar Documents

Defense Metals shareholders approve all matters at AGM

2023-12-18 01:28 ET - News Release

Subject: News for dissemination Word Document File: '\\swfile\EmailIn\20231217 202450 Attachment DEFN - News Release - AGSM Dec 2023 Results (Dec 17, 2023).docx' 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 17, 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: todd@blueskycorp.ca 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 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 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 SEDAW 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.