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Defense Metals Corp
Symbol DEFN
Shares Issued 58,808,889
Close 2021-02-22 C$ 0.63
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Defense Metals grants options to buy 525,000 shares

2021-02-22 20:07 ET - News Release

Mr. Todd Hanas reports

DEFENSE METALS CORP. GRANTS STOCK OPTIONS

Defense Metals Corp. has granted incentive stock options to certain of its directors, officers and consultants to purchase up to an aggregate 525,000 common shares of the company at a price of 65 cents per common share for a period of three years. Fifty thousand options granted to Bluesky Corporate Communications Ltd. will vest in stages over a period of 12 months in equal portions every three months starting on the date of grant. The remaining options vest on the date of grant.

About Defense Metals Corp.

Defense Metals is 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 alloys and rare-earth magnets. Defense Metals has an option to acquire 100 per cent of the 1,708-hectare Wicheeda rare earth element property located near Prince George, B.C., Canada. Defense Metals 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.

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