#Canada #Vancouver #AGM #Canada Post #Defense Metals

Defense Metals Provides AGM Update Amid Canada Post Strike

Defense Metals Corp. (TSXV: DEFN, OTCQB: DFMTF, FSE: 35D) recently informed its shareholders about important details regarding its upcoming Annual General Meeting (AGM) scheduled for December 18, 2024. The meeting will take place at Suite 1012, 1030 West Georgia St., Vancouver, British Columbia.

The agenda for the AGM includes several crucial items:
1. Review of Financial Statements: Shareholders will be presented with the annual financial statements for the fiscal year ending March 31, 2024, along with the auditor’s report.
2. Director Structure: The number of directors will be set at five, and elections for these positions will occur.
3. Auditor Appointment: The appointment of Crowe MacKay LLP as the auditor for the next year, alongside the authority for directors to determine the auditor's remuneration, will be proposed.
4. Omnibus Plan Approval: The company seeks ratification and approval for its new 10% ‘rolling’ omnibus plan, which will be elaborated upon in the accompanying information circular.

The ongoing Canada Post strike presents a challenge for distributing the AGM Proxy Materials – including meeting notices and related documents – to shareholders. In light of this, Defense Metals encourages all shareholders to access these materials electronically. They can be found on the company’s SEDAR+ profile at SEDAR+ and on the company’s official website, Defense Metals Downloads.

Important Shareholder Information

Registered shareholders, who hold shares directly and not through intermediaries, may request a proxy and a Voting Control Number by contacting the company directly at 1-604-354-2491 or via email. It is crucial that proxies are completed and submitted by the voting deadline of 11:00 AM PST on December 16, 2024.

Beneficial shareholders, who hold investments through brokerage services, should reach out to their brokers to obtain necessary proxy materials or can contact the company for assistance.

For shareholders requesting paper copies of financial statements or interim financial statements and management discussion analyses, the company provides support through the same contact numbers.

About Defense Metals Corp.

Defense Metals Corp. is dedicated to advancing its 100% owned Wicheeda Rare Earth Element (REE) Project, which spans approximately 11,800 hectares in British Columbia. This project is located on traditional land of the McLeod Lake Indian Band and is situated around 80 kilometers northeast of Prince George. The accessibility of Wicheeda REE Project is facilitated by nearby paved roads and essential infrastructure, which includes hydro power transmission lines and gas pipelines, making it a promising site for rare earth exploration and production.

For more comprehensive information about Defense Metals and its projects, consult their website at Defense Metals or contact:
Alex Heath
Senior Vice President, Corporate Development
Interim CFO
Phone: +1 604-354-2491
Email: [email protected]

Conclusion

The AGM set for December 18, 2024, is imperative for the shareholders, ensuring their voices are heard amidst external challenges such as the Canada Post strike. Engagement and participation in the upcoming meeting will be essential for the collective progress of Defense Metals Corp.

Note: Neither the TSX Venture Exchange nor its Regulation Services Provider takes responsibility for the adequacy or accuracy of this news release.