Defense Metals Corp.

Equities

DEFN

CA2446331035

Non-Gold Precious Metals & Minerals

Market Closed - Toronto S.E. Other stock markets 01:43:45 2024-04-26 pm EDT			5-day change	1st Jan Change
0.215 ^CAD	0.00%		-6.52%	+10.26%

Apr. 22	Defense Metals Corp.(TSXV:DEFN) added to S&P/TSX Venture Composite Index	CI
Apr. 03	Defense Metals Announces Board Changes	CI

Defense Metals to Ship Wicheeda Mixed Rare Earth Carbonate Sample to Ucore Rare Metals Inc

January 09, 2024 at 06:31 am EST

Defense Metals Corp. announced the Q4-2023 execution of a non-binding Memorandum of Understanding with Ucore Rare Metals Inc. to explore collaborative opportunities as both companies move towards their respective commercialization efforts for a North American rare earth element ("REE") supply chain. As one of the first projects under this MOU, Defense Metals will ship a mixed rare earth carbonate sample from its Wicheeda REE project to Ucore's Kingston, Ontario, RapidSXTM Commercialization and Demonstration Facility ("CDF").

SGS Canada Inc. in Lakefield, Ontario, will ship the sample to Ucore's CDF on behalf of Defense Metals. This sample was generated during 2023 hydrometallurgical piloting test work performed on concentrate produced by earlier flotation pilot plant testing of a 26-tonne bulk sample from Defense Metals' wholly-owned Wicheeda REE project in British Columbia.

Latest news about Defense Metals Corp.

Defense Metals Corp.(TSXV:DEFN) added to S&P/TSX Venture Composite Index	Apr. 21	CI
Defense Metals Announces Board Changes	Apr. 03	CI
Defense Metals Appoints HCF International Advisers For Strategic Funding Review Of Wicheeda REE Project	Mar. 19	MT
Defense Metals Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 26	CI
Defense Metals Corp. Updates Metallurgical Test Work and Preliminary Feasibility Study Progress for Its Wicheeda Rare Earth Element Project	Feb. 13	CI
Defense Metals Raises C$0.74 Million in a Private Placement of Shares	Jan. 31	MT
Defense Metals Corp. announced that it has received CAD 0.738836 million in funding from Mcleod Lake Indian Band Exploration Corporation, RCF Management, LLC	Jan. 30	CI
Marvel's Equity Holding, Power One Resources Corp., Receives Final Approval For Trading On The TSX Venture Exchange	Jan. 17	MT
Defense Metals, McLeod Lake Indian Band Sign Co-Design Agreement Over Wicheeda Rare Earth Project	Jan. 17	MT
Defense Metals Announces McLeod Lake Indian Band Co-Design Agreement	Jan. 17	CI
Defense Metals Corp. announced that it expects to receive CAD 0.665027 million in funding	Jan. 16	CI
Defense Metals To Ship Wicheeda Mixed Rare Earth Carbonate Sample To Ucore Rare Metals Inc.	Jan. 09	MT
Defense Metals to Ship Wicheeda Mixed Rare Earth Carbonate Sample to Ucore Rare Metals Inc	Jan. 09	CI
Defense Metals Completes Geotechnical Field Data Collection for Wicheeda Rare Earth Element Project Preliminary Feasibility Study	Dec. 27	MT
Defense Metals Corp. Completes Geotechnical Field Data Collection for Wicheeda Rare Earth Element Project Preliminary Feasibility Study	Dec. 27	CI
Defense Metals Corp. Completes Phase 2 Pit Geotechnical Drilling & Intersects Mineralized Carbonatite at the Wicheeda Rare Earth Element Project	Dec. 05	CI
Western start-ups seek to break China's grip on rare earths refining	Dec. 04	RE
Western start-ups seek to break China's grip on rare earths refining	Dec. 04	RE
Defense Metals Corp. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 27	CI
Defense Metals Corp. Ships Mixed Rare Oxide and Carbonate Samples to Interested Parties	23-10-17	CI
Defense Metals Up Over 8% As Updated Beneficiation Results Confirm Production Of High-Grade Flotation Concentrate at High Recovery	23-10-10	MT
Defense Metals Corp. Reports Most Recent Results of the Extensive Comminution and Beneficiation Test Work in Lakefield, Ontario	23-10-10	CI
Defense Metals Launches Phase 2 Infrastructure Sonic, Open Pit Geotechnical/Exploration Target Core Drilling at Wicheeda Rare Earth Element Project	23-10-03	MT
Defense Metals Corp. Commences Phase 2 Infrastructure Sonic, Open Pit Geotechnical, and Exploration Target Core Drilling At Wicheeda Rare Earth Element Project	23-10-03	CI
Defense Metals Outlines Updated Mineral Resource Estimate for Wicheeda Rare Earth Element Project	23-09-12	MT

Chart Defense Metals Corp.

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Company Profile

Defense Metals Corp. is a Canada-based mineral exploration and development company. The Company is focused on the development of its 100% owned Wicheeda Project, which is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada. The Wicheeda Project consists of 12 mineral claims covering an area of approximately 8,301 hectares (20,534 acres) located 80 kilometers northeast of the city of Prince George, British Columbia, Canada. Its rare-earth elements project delivers critical metals commonly used in the defense and national security industries, and in the production of green energy technologies.

Sector

Non-Gold Precious Metals & Minerals

Calendar

2024-04-28 - Precious Metals Summit

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.215 CAD

Average target price

0.9 CAD

Spread / Average Target

+318.60%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Rare Earth Minerals

	1st Jan change	Capi.
DEFENSE METALS CORP.	+10.26%	40.62M
LYNAS RARE EARTHS LIMITED	-13.55%	3.77B
CHINA KINGS RESOURCES GROUP CO.,LTD.	+17.86%	2.66B
MP MATERIALS CORP.	-19.40%	2.65B
SHENGHE RESOURCES HOLDING CO., LTD	-0.49%	2.45B
BRAZILIAN RARE EARTHS LIMITED	+48.17%	395M
ARAFURA RARE EARTHS LIMITED	+12.12%	279M
NORDIC MINING ASA	+18.78%	197M
AUSTRALIAN STRATEGIC MATERIALS LTD	-19.69%	120M
CHINA RARE EARTH HOLDINGS LIMITED	+7.58%	106M

Rare Earth Minerals