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Defense Metals Closes Private Placement Financing

Apr 05, 2022over 3 years ago

Description

Defense Metals Corp. ("Defense Metals" or the "Company") (TSXV:DEFN) (OTCQB:DFMTF) (FSE:35D) is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") for gross proceeds of $4,558,049.57, consisting of 6,340,057 flow-through common shares of the Company (each, a "FT Share") at a price of $0.35 per FT Share and 8,996,267 units of the Company (each, a "Unit") at a price of $0.26 per Unit.

Company Information

Company

Defense Metals

About

Rare earth elements exploration company focused on the acquisition of Rare earth element deposits to develop green technology and defence technologies