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Defense Metals Receives Letter of Interest for Potential US$250 Million in Project Financing

ByYahoo Finance
6/4/2025
Source:Yahoo Finance
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Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) is pleased to announce it has received a Letter of Interest ("LOI") from Export Development Canada ("EDC"), the Government of Canada's export credit agency, expressing its interest in participating as a Mandated Lead Arranger for potential debt financing of up to US$250 million from EDC to support the development and construction of Defense Metals' flagship Wicheeda Rare Earth Element (REE) Project, located in British Columbia

Defense Metals Corp. ("Defense Metals" or the "Company"; (TSXV: DEFN) is pleased to announce it has received a Letter of Interest ("LOI") from Export Development Canada ("EDC"), the Government of Canada's export credit agency, expressing its interest in participating as a Mandated Lead Arranger for potential debt financing of up to US$250 million from EDC to support the development and construction of Defense Metals' flagship Wicheeda Rare Earth Element (REE) Project, located in British Columbia

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