Defense Metals Corp. (TSXV:DEFN/OTCQB:DFMTF) announces it has been invited by the US Embassy in Ottawa to attend the 2021 SelectUSA Investment Summit

Defense Metals Corp. (TSX:DEFN.V)

VANCOUVER, BRITISH COLUMBIA, CANADA, March 17, 2021 /EINPresswire.com/ -- Mining/Metals/ Green Energy Stock News from Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE)) is pleased to announce that it has recently been invited by the U.S Embassy in Ottawa, to attend the 2021 SelectUSA Investment Summit to be held virtually June 7-11, 2021.

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/03171DEFN-SelectUSA-Investment-Summit.asp

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO .

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals looks forward to attending the 2021 SelectUSA Investment Summit. At the Summit, Defense Metals will have the opportunity to meet with worldwide investors and engage with U.S. economic developers and service providers who can advise on a potential United States growth strategy. In addition, Defense Metals will continue its engagement with U.S. Interagency players, including the U.S. Department of Energy, the Export-Import Bank of the United States, and the Department of Defense, to reassert its position as a critical player in the U.S. industrial metals industry.”

The signing of the U.S.-Canada Action Plan on Critical Minerals Cooperation has fostered dialogue between Canada and U.S.A like no other time before. Together Canada and the USA continue identifying vulnerabilities and challenges in supply chains and facilitating discussions between Canadian mining producers of critical minerals and rare earth elements and U.S. Interagency groups to create a more resilient and safe North American supply chain.

With a renewed U.S.-Canada bilateral dialogue underway, and given the geographic proximity, the 2021 SelectUSA Investment Summit will take a closer look at opportunities for Defense Metals to localize its potential upstream operations near a U.S. end-user to create more resilient access to various North American end users and make the operation less susceptible to trade disruptions, while adopting responsible sourcing and sustainable practices in our industries.

To learn more about SelectUSA, visit https://www.selectusa.gov/ or go to www.selectusasummit.us.

Engages Xander Capital Partners
The Company is also pleased to announce that it has engaged Xander Capital Partners Inc. (“Xander”) for corporate consulting and marketing services. In connection with the engagement, the Company has entered into a consulting agreement (the “Agreement”) with Xander dated effective March 17, 2021, pursuant to which they will primarily provide services, including, among other things, assistance with the introduction to industry partners, analysts and banks, digital marketing, native ads, digital podcasts and content development. Pursuant to the Agreement, the engagement will last for approximately three months for a total cost of US$150,000, which includes direct costs for digital marketing and native ads. Xander Capital Partners has over 30 years of cumulative industry specific experience. Xander is headquartered in Orlando, with their reach expanding internationally. Their services include digital marketing and introductions to high net worth individuals, and corporate sponsorship.

The Agreement remains subject to the approval of the TSX Venture Exchange.

About the Wicheeda REE Property
The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

Qualified Person
The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

About Defense Metals Corp.
Defense Metals Corp. 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% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. 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”.

For further information, please 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
Read statements in full at https://www.investorideas.com/news/2021/mining/03171DEFN-SelectUSA-Investment-Summit.asp

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1. Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

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