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Defense Metals Provides Joint Letter to Shareholders from Executive Chairman and CEO
Defense Metals Provides Joint Letter to Shareholders from Executive Chairman and CEO Cana...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n\n\nDefense Metals Provides Joint Letter to Shareholders from Executive Chairman and CEO\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, Dec. 22, 2025 /CNW/ - Defense Metals Corp. (\"Defense Metals\" or the \"Company\") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D), a company focused on the development of the Wicheeda Rare Earth Project (Wicheeda Project), located near Prince George, British Columbia, Canada today released the following joint letter from Executive Chairman Guy de Selliers and President and Chief Executive Officer Mark Tory.\n\n\n\n\n\n\n\nJoint Letter from the Executive Chairman and CEO\nDear Shareholders,\n2025 has been a transformative year for Defense Metals Corp. as we continued to advance the Wicheeda Rare Earth Project while strengthening our leadership, financial position, and strategic alignment in response to growing global demand for secure rare earth supply.\nDuring the year, we enhanced our leadership and governance framework to support the Company's transition into its next phase of development. Mark Tory formally assumed the role of President and Chief Executive Officer, and the Company further strengthened its Board and senior management team with appointments that add depth across technical, financial, and corporate development disciplines. These efforts ensure Defense Metals is well positioned to execute its long-term strategy.\nA major milestone in 2025 was the completion of the Pre-Feasibility Study (PFS) for the Wicheeda Project. The PFS confirmed the Wicheeda Project as the only undeveloped rare earth project in North America and Europe with proven mineral reserves, reinforcing its strategic importance within the global rare earth supply chain. Building on this foundation, the Company commenced preparatory work to advance toward a Definitive Feasibility Study (DFS), targeted to begin in early 2026.\nTo support ongoing project advancement, Defense Metals successfully completed multiple private placement financings during the year, including the most recent oversubscribed C$16.2 million financing....