Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) in Canadian Mining Report - @defensemetals

 

 

Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) in Canadian Mining Report - @defensemetals

 

REEs Are Critical for the Modern War Technology

 

A Massive Catalyst for This “Tech Defense” Play

 

January 2,2024  (Investorideas.com Newswire) Mining / Metals / Green Energy Stock news- Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE), a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element project, was recently featured in Canadian Mining Report in the article , A Massive Catalyst for This “Tech Defense” Play.

 

Read the full article

https://www.canadianminingreport.com/news/custom/a-massive-catalyst-for-this-tech-defense-play

 

Read this media alert for DEFN in full at https://www.investorideas.com/news/2024/mining/01021DEFN-Canadian-Mining-Report.asp

 

Excerpt

 

A global war for critical minerals is underway.

 

China has just escalated its export restrictions for a technology used to produce magnets for high-technology, biotech, and defense industries. .

 

These magnets are made of a critical group of minerals called rare earth elements (or REEs)… .

 

Before that, China banned technologies to extract and separate REEs….

 

It’s one technology ban after another… and it concerns one of the most critical yet overlooked groups of minerals.

 

China is home to about 70% of the global REE supply, and that’s a problem for the rest of the world.

 

The country’s government can single-handedly halt the output of REEs. And it looks like it has been taking steps in that direction.

 

China Chokes the Global REE Supply Chain

On December 21, the Chinese Ministry of Science and Technology and the Ministry of Commerce updated their catalog of technologies subject to export bans and restrictions.

 

It was a Christmas “gift” for the West and an escalation in a trade war that few investors are aware of.

 

This “war” has been going on for months. Back in July, China imposed restrictions on gallium and germanium. (Gallium is used to produce heat-resistant semiconductor wafers; germanium is used as a semiconductor.)

 

In November, China introduced restrictions on the export of graphite , a mineral widely used in electric vehicle batteries.

 

And now rare earths are on the list…

It could only get worse in the future. The geopolitical tensions between China and the West are at their multi-decade highs. And the looming war in Taiwan makes both parties worried about advanced military technologies and the components they need.

 

The global rare-earth-element supply chain could crumble under the weight of this global confrontation.

 

REEs Are Critical for the Modern War Technology

If you have been following the latest conflicts, you have noticed that drones have become a critical weapon for both surveillance and attack.

 

From Ukraine to Iran and Gaza, drones are used to detect targets and direct precision-guided munitions.

 

They are cheap to manufacture and expensive to take down… they are a perfect weapon.

 

There is only one problem. Drones need rare earth elements for navigation and flight control, as well as path planning and obstacle avoidance.

 

Rare earth elements are also a critical element of magnets used in all sorts of high-tech applications, from electric vehicle motors to fighter jets. For example, an F-35 fighter jet is estimated to contain about 920 pounds of REEs.

 

The magnets made from REEs are powerful and light. And there is no direct and economically viable substitute for them available yet.

 

By some estimates, the U.S. military needs about 3,000 tons of REE-based magnets per year.

 

Including other uses, the country may need up to 15,000 tons of REE magnets per year.

 

And there is no robust domestic supply chain for this important technology yet.

 

However, this massive need for REE technology has started a revolution in the North American mining industry

 

Read the full article

https://www.canadianminingreport.com/news/custom/a-massive-catalyst-for-this-tech-defense-play

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element project 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”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit:

http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or 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

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to completion of the PFS and the expected timelines, advancing the Wicheeda REE Project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure this DEFN news is a paid news release on investorideas.com - learn more about costs and services https://www.investorideas.com/News-Upload/

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Rare Earth News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) announces completion of infrastructure geotechnical field data collection in support of Wicheeda Project; @defensemetals

 

Vancouver, British Columbia – December 28, 2023 (Investorideas.com Newswire) Rare earth metals news -Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) announces that it has completed all infrastructure geotechnical field data collection in support of the preliminary feasibility study (“PFS”) for its 100% owned Wicheeda Rare Earth Element (“REE”) Project located near Prince George, B.C., Canada.

 

Read this news, featuring DEFN In full at https://www.investorideas.com/news/2023/mining/12281DEFN-Wicheeda-Project.asp

 

Craig Taylor, CEO of Defense Metals, commented:

 

“We are very excited to have completed our 2023 Phase 3 geotechnical program. I would like to congratulate the APEX and SRK teams for their safe and professional execution of this work. These multi-phase programs started in early summer and we now have all field geotechnical data in hand necessary for the completion of our PFS study which we expect to be finished in Q2 2024.”

 

Highlights of the 2023 Wicheeda REE Project infrastructure geotechnical programs include:

 

·        16 helicopter and track sonic overburden geotechnical drill holes totalling 225.5 metres (Image 1and Image 2);

 

·        20 excavated overburden geotechnical test pits totalling 76.8 metres (Image 3);

 

·        6 diamond drill holes totalling 1,182 metres within the Wicheeda REE deposit pit shell; inclusive of 4 open pit geochemical drill holes totalling 920 metres, and in pit exploration holes totalling 262 metres;

 

·        Shipment of a 2,700 kg metallurgical sample, collected from drill core, to SGS Lakefield, Ontario for continued flotation and hydrometallurgical optimization test-work;

 

·        Initiation of humidity cell testwork on 17 samples, and 250 kg sample selection for on-site kinetic leach (barrel) testing of samples representative of anticipated mine waste rock to assess metal leaching and acid rock drainage potential in support of environmental assessment.

 

The geotechnical work was completed by SRK Consulting (Canada) Inc. (“SRK”) with the support of APEX Geoscience Ltd. (“APEX”).

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a “Qualified Person” as defined in NI 43-101. 

 

About the Wicheeda Rare Earth Element Project

Defense Metals’ 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. Wicheeda is readily accessible by all-weather gravel roads and is near infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades on the TSX Venture Exchange under the symbol “DEFN”, in the United States, trading symbol “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or 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

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, the expected completion of the PFS and the expected timeline, the receipt of assays from drilling, continued optimization test-work, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, accuracy of assay results, performance of available laboratory and other related services, future operating costs, interpretation of geological, engineering and metallurgical data, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration, engineering and metallurgical results, risks related to the inherent uncertainty of exploration, metallurgy and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 and other viruses and diseases on the business of the Company, the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/

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Breaking Solar News: SinglePoint (Cboe: $SING) Successfully Lists on Cboe; Welcomes Tony Thomas as New Board Member in Expansion of Board Bolstering Company's Commitment to Strategic Growth in the Solar Sector; @_Singlepoint_

Breaking Solar News: SinglePoint (Cboe: $SING) Successfully Lists on Cboe; Welcomes Tony Thomas as New Board Member in Expansion of Board Bolstering Company's Commitment to Strategic Growth in the Solar Sector; @_Singlepoint_

 

PHOENIX, AZ - December 28, 2023 (Investorideas.com Newswire) SinglePoint Inc. (Cboe:SING) ("SinglePoint" or "the Company") a provider in renewable energy, energy supply and healthy building solutions is delighted to announce the appointment of Tony Thomas to its Board of Directors.

 

Read this news featuring SING in full at https://www.investorideas.com/news/2023/renewable-energy/12281SING-Tony-Thomas.asp

 

Mr. Thomas brings a wealth of experience and expertise in strategic advisory, investment, and board governance. Mr. Thomas serves as a Managing Director and Head of the financial advisory and asset management practice of Harbor Bankshares Capital Corporation (HBCC), a wholly owned subsidiary of Harbor Bankshares Corporation.

 

Before joining Harbor Bankshares, Mr. Thomas was a founding Managing Director of SCI Ventures, a family office investing primarily in media, communications and technology companies and a General Partner of Syncom Venture Management, a manager of institutional venture capital funds. As a senior member of the management teams at SCI Ventures and Syncom Venture Management, Mr. Thomas was integral in managing over $500 million in investments. His responsibilities have spanned from sourcing investments to serving on the Boards of Directors of portfolio companies, providing comprehensive management services, and stepping in as an interim executive when needed.

 

Over the course of his career, Mr. Thomas has demonstrated exceptional skill in managing portfolio company investments and leading advisory clients across various sectors, including technology, media, and telecom as well as banking, healthcare, cybersecurity, and energy. His work and guidance has been instrumental in guiding companies through capital raising, mergers and acquisitions, deal structuring, and post-transaction strategy execution.

 

With over [29] years of investing and advisory experience, Mr. Thomas has developed a reputation for being a hands-on, execution-oriented partner. His approach has earned him the trust and loyalty of portfolio companies, clients, and investors alike. His tenure in these positions showcases his ability to identify and nurture investment opportunities, particularly in minority entrepreneur-led firms and those serving underserved communities.

 

Mr. Thomas holds a B.B.A. in Accounting from Loma Linda University and an M.B.A. in Finance and International Business from Pennsylvania State University.

 

"Our commitment to transparency and continued execution of our acquisition strategy aligns perfectly with Tony's proven track record in strategic growth and value creation," said Wil Ralston, CEO of SinglePoint Inc. "His extensive experience and unique perspective will be invaluable as we continue to navigate the evolving landscape of our industry."

 

The entire team at SinglePoint is excited to welcome Mr. Thomas to the board and looks forward to his contributions in driving the company forward.

 

About SinglePoint Inc (SING)

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company's website (www.singlepoint.com) and connect on social media for the latest updates.

 

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

 

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

 

Contact

SinglePoint Inc
investors@singlepoint.com
888-682-7464

 

SOURCE: Singlepoint, Inc. via PRISM Mediawire, LLC

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Disclosure: SinglePoint (Cboe:SING) is a paid featured solar stock on Investorideas - news publication and content creation effective December 21,2023 More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

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Breaking Metals Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Completes Geotechnical Field Data Collection for Wicheeda Rare Earth Element Project Preliminary Feasibility Study; @defensemetals

Breaking Metals Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Completes Geotechnical Field Data Collection for Wicheeda Rare Earth Element Project Preliminary Feasibility Study; @defensemetals

 

Vancouver, British Columbia – December 27, 2023 (Investorideas.com Newswire) Rare earth metals news -Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) announces that it has completed all infrastructure geotechnical field data collection in support of the preliminary feasibility study (“PFS”) for its 100% owned Wicheeda Rare Earth Element (“REE”) Project located near Prince George, B.C., Canada.

 

Read this news, featuring DEFN In full at https://www.investorideas.com/news/2023/mining/12271DEFN-Wicheeda-Field-Data-Collection.asp

 

Craig Taylor, CEO of Defense Metals, commented:

 

“We are very excited to have completed our 2023 Phase 3 geotechnical program. I would like to congratulate the APEX and SRK teams for their safe and professional execution of this work. These multi-phase programs started in early summer and we now have all field geotechnical data in hand necessary for the completion of our PFS study which we expect to be finished in Q2 2024.”

 

Highlights of the 2023 Wicheeda REE Project infrastructure geotechnical programs include:

 

·        16 helicopter and track sonic overburden geotechnical drill holes totalling 225.5 metres (Image 1and Image 2);

 

·        20 excavated overburden geotechnical test pits totalling 76.8 metres (Image 3);

 

·        6 diamond drill holes totalling 1,182 metres within the Wicheeda REE deposit pit shell; inclusive of 4 open pit geochemical drill holes totalling 920 metres, and in pit exploration holes totalling 262 metres;

 

·        Shipment of a 2,700 kg metallurgical sample, collected from drill core, to SGS Lakefield, Ontario for continued flotation and hydrometallurgical optimization test-work;

 

·        Initiation of humidity cell testwork on 17 samples, and 250 kg sample selection for on-site kinetic leach (barrel) testing of samples representative of anticipated mine waste rock to assess metal leaching and acid rock drainage potential in support of environmental assessment.

 

The geotechnical work was completed by SRK Consulting (Canada) Inc. (“SRK”) with the support of APEX Geoscience Ltd. (“APEX”).

 

Image 1: Heli-Sonic Overburden Drilling in PFS Tailings Option Study Area

 

Image 2: Temporary Bridge Installation to Access Tailings Study Area

 

Image 3: Excavated Overburden Test Pits Underway in Tailings Study Area

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a “Qualified Person” as defined in NI 43-101. 

 

About the Wicheeda Rare Earth Element Project

Defense Metals’ 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. Wicheeda is readily accessible by all-weather gravel roads and is near infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

About Defense Metals Corp.

 

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades on the TSX Venture Exchange under the symbol “DEFN”, in the United States, trading symbol “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit: http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or 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

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, the expected completion of the PFS and the expected timeline, the receipt of assays from drilling, continued optimization test-work, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, accuracy of assay results, performance of available laboratory and other related services, future operating costs, interpretation of geological, engineering and metallurgical data, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration, engineering and metallurgical results, risks related to the inherent uncertainty of exploration, metallurgy and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 and other viruses and diseases on the business of the Company, the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/

 More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp 

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