Defense Metals Corp.

About Defense Metals Corp.

Defense Metals Corp. is an advanced mineral-exploration and development company focused on bridging the critical minerals supply gap, particularly in rare earth elements. It is positioned as North America's most advanced rare earths developer.

Products & Services

Wicheeda Project:A rare earth elements project with significant mineral reserves and resources, including Proven and Probable Mineral Reserve of 25.5M tonnes at 2.43% TREO, Measured and Indicated Mineral Resource of 29.2M tonnes at 2.27% TREO, and Inferred Mineral Resource of 5.5M tonnes at 1.42% TREO.

Specialties

Rare Earth Elements Critical Minerals Development

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 1878250 MR: - FA: C$1,878,250 FAN: 1878250	D: 2026-03-04 FD: 2026-03-04	1 investors
2	RT: Private Placement T: - FT: Private Placement	A: 576000 MR: - FA: C$576,000 FAN: 576000	D: 2025-11-10 FD: 2025-11-10	-
3	RT: Private Placement T: - FT: Private Placement	A: 16153334 MR: - FA: C$16,153,334 FAN: 16153334	D: 2025-10-31 FD: 2025-10-31	3 investors
4	RT: Private Placement T: - FT: Private Placement	A: 15000000 MR: - FA: up to $15,000,000 FAN: 15000000	D: 2025-10-28 FD: 2025-10-28	1 investors
5	RT: Private Placement T: - FT: Private Placement	A: 15000000 MR: - FA: up to $15,000,000 FAN: 15000000	D: 2025-10-20 FD: 2025-10-20	1 investors
6	RT: Shares-for-Debt T: - FT: Shares-for-Debt	A: 158200 MR: - FA: 158,200 FAN: 158200	D: 2025-09-08 FD: 2025-09-08	1 investors
7	RT: Debt Settlement T: - FT: Debt Settlement	A: 846547 MR: - FA: $846,547.31 FAN: 846547	D: 2025-07-28 FD: 2025-07-28	1 investors
8	RT: Debt T: - FT: Debt	A: 250000000 MR: - FA: US$250 million FAN: 250000000	D: 2025-06-04 FD: 2025-06-04	1 investors
9	RT: Private Placement T: - FT: Private Placement	A: 258056 MR: - FA: C$258,055.50 FAN: 258056	D: 2025-05-21 FD: 2025-05-21	1 investors
10	RT: Private Placement T: - FT: Private Placement	A: 5439495 MR: - FA: C$5,439,495 FAN: 5439495	D: 2025-05-21 FD: 2025-05-21	2 investors
11	RT: Private Placement T: - FT: Private Placement	A: 8000000 MR: - FA: up to $8 million FAN: 8000000	D: 2025-04-24 FD: 2025-04-24	1 investors
12	RT: Grant T: - FT: Grant	A: 853825 MR: - FA: up to C$853,825 FAN: 853825	D: 2025-03-03 FD: 2025-03-03	1 investors
13	RT: Convertible Note (Non-brokered Bridge Financing) T: - FT: Convertible Note (Non-brokered Bridge Financing)	A: 500000 MR: - FA: C$500,000 FAN: 500000	D: 2024-10-11 FD: 2024-10-11	1 investors
14	RT: Bridge Financing via Convertible Notes T: - FT: Bridge Financing via Convertible Notes	A: 4000000 MR: - FA: $4,000,000 FAN: 4000000	D: 2024-10-11 FD: 2024-10-11	2 investors
15	RT: Convertible Bridge Financing T: - FT: Convertible Bridge Financing	A: 2500000 MR: - FA: CAD$2,500,000 to CAD$4,000,000 FAN: 2500000	D: 2024-08-28 FD: 2024-08-28	2 investors
16	RT: Private Placement T: - FT: Private Placement	A: 738836 MR: - FA: C$738,836.28 FAN: 738836	D: 2024-01-31 FD: 2024-01-31	2 investors
17	RT: Private Placement T: - FT: Private Placement	A: 9375000 MR: - FA: C$12.5 million FAN: 9375000	D: 2023-05-25 FD: 2023-05-25	2 investors
18	RT: Private Placement T: - FT: Private Placement	A: 12500000 MR: - FA: C$12.5 million FAN: 12500000	D: 2023-05-25 FD: 2023-05-25	2 investors
19	RT: Private Placement T: - FT: Private Placement	A: 9225000 MR: - FA: C$12.5 million FAN: 9225000	D: 2023-04-27 FD: 2023-04-27	2 investors
20	RT: Private Placement T: - FT: Private Placement	A: 12500000 MR: - FA: C$12.5 million FAN: 12500000	D: 2023-04-27 FD: 2023-04-27	2 investors

Grant Latest

2026-03-04

$1.9M

1 investor (Pro only)

Private Placement 2025-11-10

$576K

Private Placement 2025-10-31

$16.2M

View 19 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Mark Tory

President + CEO

M

Michelle Tanguay

Lead, Environment and Social Performance

G

Guy de Selliers

Executive Chairman

D

Dale Wallster

Lead Independent Director

T

Ted Kavanagh

Director

D

Dr. Luisa Moreno, Ph.D.

Director

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