Defense Metals Corp. Announces Listing on OTC-Markets

VANCOUVER, Jan. 30, 2019 - Defense Metals Corp. (the "Company") (TSX-V: DEFN; OTCQB: DFMTF) is pleased to announce that its common shares now trade on the OTCQB, a U.S. interdealer quotation system, under the symbol "DFMTF". The Company's common shares will also continue to trade on the TSX Venture Exchange under its trading symbol "DEFN".

Trading of the Company's common shares on the OTCQB market makes it accessible to an even broader range of investors and is expected to assist with the Company's goal of increasing the liquidity and convenience of trading its common shares within the U.S.


About the Company

Defense Metals Corp. is a mineral exploration company focused on the acquisition, exploration and development of minerals, metals and elements commonly used in the protection of our nation and other nations abroad. Defense Metals Corp. trades under "DEFN" on the TSX Venture Exchange and under "DFMTF" on the OTCQB. The Company (i) owns a 100% interest in prospective uranium claims in the Athabasca Basin, Saskatchewan totalling approximately 9,362.65 hectares; (ii) has an option to acquire 100% of the Wicheeda Rare Earth Element Project located in Prince George, British Columbia; and (iii) has an option to acquire 100% of the Lac Burge gold property located approximately 215 km northeast of Val d'Or, Quebec.

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.


Forward Looking Information

This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, the Company's plans for its properties/projects, increasing liquidity of the shares, other statements relating to the technical, financial and business prospects of the Company, and other matters.

This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, or the negative of any of these terms and similar expressions and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such 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. 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. Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements. These risks, as well as others, could cause actual results and events to vary significantly. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

SOURCE Defense Metals Corp.



For further information:

Defense Metals Corp.
Todd Hanas, Bluesky Corporate Communications Ltd., Vice President, Investor Relations
Tel: (778) 994 8072
Email: todd@blueskycorp.ca