#Canada #Vancouver #Defense Metals #Canada Postal Strike #Wicheeda REE

Defense Metals Updates Shareholders on Postal Strike Impact

Context on the Postal Strike

As the ongoing Canada Postal Strike continues to affect various services, Defense Metals Corp. is proactively addressing how this disruption might influence its Annual General Meeting (AGM) materials.

The company has released an important notification aimed at informing shareholders of potential delays in receiving physical copies of AGM materials. This update reflects the company's commitment to transparent communication during these challenging times.

Accessing AGM Materials

Defense Metals has assured shareholders that despite potential mailing delays, AGM materials are readily available online. Shareholders can access the documents through the company's SEDAR+ corporate website at www.sedarplus.ca and can also download the necessary documents directly from the Defense Metals website at www.defensemetals.com/downloads.

Assistance for Shareholders

For registered shareholders—those who hold shares directly without an intermediary—specific instructions for obtaining a proxy and details on voting have been provided. Shareholders in this category are encouraged to contact the company directly at 1-604-354-2491 or via email at [email protected] to ensure their voices are heard in the upcoming vote.

Beneficial shareholders, who hold their investments through brokers or other intermediaries, should reach out to their respective representatives to request proxies if they have not yet received the necessary documents.

Deadline for Paper Copies

In light of the postal disruptions, shareholders wishing to obtain paper copies of the AGM materials are advised to act quickly. Requests should be directed to the company and must be received by December 9, 2024, to allow sufficient time for delivery before the AGM on December 16, 2024.

Financial Statements Availability

In addition to AGM materials, Defense Metals has made it clear that its annual financial statements, along with related management discussions and analysis, are accessible through its SEDAR+ profile. Shareholders desiring printed versions of these documents can also make their request through the previously mentioned contact methods.

About Defense Metals Corp. and Its Wicheeda Project

Defense Metals Corp. plays a pivotal role in developing the Wicheeda Rare Earth Element Project—an endeavor positioned on the traditional lands of the McLeod Lake Indian Band in British Columbia, Canada. This project spans approximately 11,800 hectares (around 29,158 acres) and is conveniently located about 80 kilometers northeast of Prince George, accessible via paved highways and all-weather gravel roads. Furthermore, its proximity to infrastructure such as hydro power transmission lines, gas pipelines, and the Canadian National Railway enhances logistic efficiency, facilitating potential export through the port facilities at Prince Rupert—North America’s closest port to Asia.

This unique positioning allows Defense Metals to capitalize on the increasing demand for rare earth materials essential for modern technologies.

To learn more about the company and its initiatives, visit www.defensemetals.com or contact Alex Heath, Senior Vice President of Corporate Development and Interim CFO, at +1 604-354-2491 or via email at [email protected].

Conclusion

In summary, Defense Metals Corp. is ensuring that its shareholders remain informed about the disruptions caused by the Canadian postal strike and addressing questions they may have concerning the upcoming AGM. Continued accessibility to crucial information underscores the company’s commitment to transparency and shareholder engagement, especially during tumultuous times. As the situation evolves, Defense Metals Corp. will continue to keep its stakeholders updated.