Defense Metals Corp DFMTF

Primary Symbol: V.DEFN

Metals & Mining Industrial Metals & Minerals

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.

TSXV:DEFN - Post by User

Defense Metals Corp > Good Move Up on Double Average Volume

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Comment by CovieNRAon Sep 09, 2021 10:31pm

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Post# 33838331

RE:RE:RE:RE:RE:RE:RE:RE:RE:Good Move Up on Double Average Volume

Correct on all points. I have never heard an explanation as to what the reasons were as to why they took that course of action.

My understanding is that the shares do not go to the Spectrum corporation but to its shareholders by allocation.

DEFN will have 100% control and ownership of the Wicheeda property, which will obviously be helpful in a takeover situation.

As I have said on the CEO.ca forum, the PEA will be everything, and it certainly behooves them to get it published at least a few weeks before November 22.

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