Korelin Economics Report

Defense Metals – Updates On Mixed Rare Earth Carbonate Samples Shipped, The Road To Offtake Agreements

Defense Metals (“Defense” or the “Company”) (TSX.V:DEFN – OTCQB:DFMTF – FSE:35D) has been shipping mixed rare earth carbonate samples from its Wicheeda Project (jn BC) to potential offtake or strategic partners. This is a critical step for the Company to lock up agreements that will help advance the Project. The question I receive on a regular basis asks when investors will get an update on the feedback from the large companies receiving these samples.

 

Craig Taylor, CEO of Defense joins me to address that very question. We discuss how this process works and what Defense has been hearing from these potential partners. Craig outlines what these large companies are looking for. We also discuss a recent Board of Director appointee who can help with the process of finding an offtake partner. Craig then looks ahead to upcoming news including a PFS due in mid-May.

 

If you have any follow up questions for Craig please email me at Fleck@kereport.com.

 

 

Click here to visit the Defense Metals website to learn more about the Company.

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