Business
Defense Metals Appoints Ali Mahdavi as SVP Corporate Development, and grants incentive stock options
Defense Metals Appoints Ali Mahdavi as SVP Corporate Development, and grants incentive stock opti...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n\n\nDefense Metals Appoints Ali Mahdavi as SVP Corporate Development, and grants incentive stock options\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nVANCOUVER, BC, Oct. 23, 2025 /CNW/ - Defense Metals Corp. (TSXV: DEFN) (\"Defense Metals\" or the \"Company\"), is pleased to announce the appointment of Ali Mahdavi as Senior Vice President, Corporate Development and the granting of incentive stock options to employees and directors who have recently joined Defense Metals.\n\n\n\n\n\n\n\n\"As we continue to advance our Wicheeda critical minerals project, we are delighted with the addition of Ali to the Defense Metals management team.\" said President and CEO, Mark Tory. \"Ali's role will focus on maximising our exposure to investors and analysts, and identifying, evaluating and executing corporate opportunities for Defense. Ali has an unparalleled depth of experience throughout the entire rare earth element value chain and will be a key addition for Defense Metals as we move forward.\"\n\"I am thrilled to join Defense at a point in time when Critical Minerals and Rare Earth Element projects are taking centre stage on the political and economic agendas of countries across the globe.\" said Mr. Mahdavi. \"The development of Wicheeda is well advanced, with a growing team and a strong Preliminary Feasibility Study completed. This places Defense Metals in an excellent position at a time when Canada and the U.S. are accelerating their plans to secure the domestic supply of these critical minerals. I am looking forward to helping Defense find the right markets, and the right partners, to advance Wicheeda. I look forward to engaging with our shareholders and the broader capital markets, and communicating our plans and strategies as we continue to enhance the value of Defense Metals Corp.\"\nMr, Mahdavi has over 30 years of experience in the capital markets focusing on the rare earth industry. Mr. Mahdavi is the Founder and Managing Director of Spinnaker Capital Markets Inc., a Toronto based capital markets advisory firm with a 20-year tr...