VANCOUVER, BC, June 10, 2025 /PRNewswire/ – Protection Metals Corp. (“Defense Metals” or the “Company”) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is happy to announce the appointment of David Baker as CFO and Head of Technique, who will think his place on August 1, 2025. Mr. Baker earned his Bachelor of Economics and designation as a Chartered Accountant in Australia prior to settling in Vancouver in 2005 the place he finished an MBA on the College of British Columbia and turned into a Canadian citizen. Mr. Baker labored inside of the Ivanhoe Mines staff of businesses for over two decades in numerous roles encompassing operations, the advance and financing of the Oyu Tolgoi Copper mine in Mongolia as VP Treasurer, and as CFO of VRB Power, a high-tech vanadium redox battery corporate energetic in production and R&D inside of China and across the world. Mr. Baker has spent the latter two years with TSX-V indexed Camino Mineral Assets as CFO, supporting their company construction technique, which just lately culminated within the a hit acquisition of a building degree copper venture.
Man de Selliers, Govt Chairman of Protection Metals commented:
“I have known David professionally for more than 15 years. He is not only a highly competent financial professional but has always demonstrated the highest level of integrity and sound judgment. He exemplifies the high standards of the team we are building to take our Wicheeda project forward”
Mark Tory, President and CEO of Protection Metals, added:
“ I am confident that David has the experience and knowledge that we need. He and I have complimentary skills and will form a well rounded and highly efficient team and I look forward to working with him.”
David Baker additionally commented:
“ I am excited to be joining Guy and Mark in leading the development of the Wicheeda project, which I consider without any doubt the best new rare earth project in North America. I look forward to working with all stakeholders in the successful and rapid development of what is clearly a geopolitical priority. I find it immensely motivating to be involved in such a strategically important endeavour for our Province and our Country.”
The corporate want to thank Mr. Ryan Cheung for stepping in to snatch at the intervening time CFO position prior to Mr. Baker’s appointment.
About Protection Metals Corp. and its Wicheeda REE Storagefacility
Protection Metals Corp. is targeted at the construction of its 100% owned, 11,800-hectare (~29,158-acre) Wicheeda Uncommon Earth Part (REE) feature this is situated at the conventional length of the McLeod Pool Indian Band in British Columbia, Canada.
The Wicheeda Mission, roughly 80 kilometres (~50 miles) northeast of town of Prince George, is quickly out there via a paved freeway and all-weather gravel roads and is related to infrastructure, together with hydro energy transmission traces and gasoline pipelines. The within reach Canadian Nationwide Railway and main highways permit simple get entry to to the port amenities at Prince Rupert, the nearest main North American port to Asia. The Corporate just lately finished a Initial Feasibility Learn about (PFS) that demonstrated the tough economics of the venture.
For additional data, please consult with www.defensemetals.com or touch:
Mark Tory
President and CEO
Tel: +1 604-445-8179
Electronic mail: [email protected]
Neither the TSXV nor its Law Services and products Supplier (as that time period is outlined within the insurance policies of the TSXV) accepts accountability for the adequacy or accuracy of this information shed.
Cautionary Remark Relating to “Forward-Looking” Knowledge
This information shed incorporates “forward‐looking information or statements” inside the that means of appropriate securities rules, which might come with, with out limitation, any statements (expressed or implied) when it comes to: advancing the Wicheeda Mission. Ahead-looking statements are normally known via phrases comparable to “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and alternative matching phrases and expressions, however the absence of those phrases does no longer heartless {that a} remark isn’t forward-looking. All statements on this information shed, alternative than statements of ancient information, that deal with occasions, contribution or traits that the Corporate expects to happen, are forward-looking statements. Even supposing the Corporate believes the expectancies expressed in such forward-looking statements are in accordance with affordable guesses, such statements aren’t promises of day efficiency and latest effects might range materially from the ones within the forward-looking statements. Such statements and knowledge are in accordance with diverse guesses relating to provide and day industry methods and the climate through which the Corporate will function going forward, together with the cost of uncommon earth parts, the expected prices and expenditures, the facility to reach its objectives, that common industry and financial statuses won’t alternate in a subject matter hostile way, that financing might be to be had if and when wanted and on affordable phrases. Such forward-looking data displays the Corporate’s perspectives with admire to day occasions and is matter to dangers, uncertainties and guesses, together with the hazards and uncertainties when it comes to the translation of exploration and metallurgical effects, dangers matching to the inherent dubiousness of exploration and construction and price estimates, the possibility of sudden prices and bills and the ones alternative dangers filed below the Corporate’s profile on SEDAR+ (www.sedarplus.ca). Past such estimates and guesses are thought to be affordable via the control of the Corporate, they’re inherently matter to vital industry, financial, aggressive and regulatory uncertainties and dangers. Elements that would purpose latest effects to range materially from the ones in ahead shopping statements come with, however aren’t restricted to, endured availability of capital and financing and common financial, marketplace or industry statuses, hostile climate and order statuses, failure to uphold or download all important govt lets in, approvals and authorizations, failure to uphold or download family acceptance (together with First Countries), dangers when it comes to unanticipated operational difficulties (together with failure of kit or processes to function according to specs or expectancies, price escalation, unavailability of team of workers, fabrics and kit, govt motion or delays within the receipt of presidency approvals, business disturbances or alternative activity motion, and unanticipated occasions matching to fitness, protection and environmental issues), dangers when it comes to faulty geological, metallurgical, engineering and pricing guesses, cut in the cost of uncommon earth parts, the affect of viruses and illnesses at the Corporate’s skill to function, restriction on labour and global journey and provide chains, lack of key staff, specialists, officials or administrators, build up in prices, behind schedule effects, litigation, and failure of counterparties to accomplish their contractual tasks. The Corporate does no longer adopt to replace ahead–shopping statements or ahead–shopping data, excluding as required via legislation.
SOURCE Protection Metals Corp.
