Defense Metals Corporation

News & Press Releases

WICHEEDA DEPOSIT 30 TONNE BULK SAMPLE RETURNS 4.81% LIGHT RARE EARTH OXIDE HEAD GRADE

Vancouver, British Columbia – March ___, 2019: Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN/ DFMTF: OTCQB / 35D: FSE) is pleased to announce that SGS Canada Inc. (“SGS”) has provided initial composite head assay results for the 30 tonne bulk sample collected from its Wicheeda Property. Select head assay results for the 30 tonne bulk sample include 1.77% lanthanum-oxide, 2.34% cerium-oxide, 0.52% neodymium-oxide, and 0.18% praseodymium-oxide which the Company considers potentially economically significant, for a total of 4.81% LREO (light rare-earth oxide) (see Figure 1 below). Figure 1: Select Composite Head Assay

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DEFENSE METALS CORP. PROVIDES OPERATIONAL UPDATE

Vancouver, British Columbia – February 25, 2019: Defense Metals Corp. (“Defense Metals” or the“Company”) (TSX-V: DEFN / DFMTF: OTCQB / 35D: FSE) is pleased to announce that Phase 1A metallurgical testing on the Wicheeda bulk sample at SGS Labs is underway. SGS Labs Phase 1A Timeline Defense Metals Corp has been informed by SGS that the entire 30 tonne bulk sample has been crushed to a nominal 1 inch size and a 400 kg subsample has been taken for batch and grindability tests. Preparation is underway to prepare a grindability sample, flotation charges and head assays, which is

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Defense Metals Corp. provides operational update, announces Dale Wallster to technical advisory board and grants stock options

VANCOUVER, Jan. 23, 2019 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN) is pleased to announce that the Wicheeda Project’s bulk sample has arrived at SGS Labs in Peterborough, Ontario and has been offloaded and is to be prepped this week prior to initiation of the laboratory work. SGS Canada Inc. (SGS) is to immediately begin Phase 1a of the planned work program which includes chemical and mineralogical characterization, grindability, and laboratory flotation testing on a 200 kg subsample. The objectives of this program are to validate the process and confirm

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DEFENSE METALS CORP. CLARIFIES TECHNICAL DISCLOSURE

Vancouver, British Columbia – January 18, 2019: Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN) announces that, as a result of a review by the British Columbia Securities Commission (“BCSC”) of the Company’s Technical Report on its Wicheeda Property filed on December 24, 2018 (the “Report”), it is issuing a news release to clarify and retract certain disclosures. The Company’s Report, as currently filed, does not comply with the requirements of National Instrument 43- 101 Standards of Disclosure for Mineral Projects (“NI 43-101”). Additionally, the mineral resources set out in the Report are not supported

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CLARIFICATION OF NEWS RELEASE DATED JANUARY 8, 2019, “DEFENSE METALS CORP. ANNOUNCES INITIAL MINERAL RESOURCE ESTIMATE FOR ITS WICHEEDA RARE EARTH CARBONATITE DEPOSIT, AND COLLECTION OF 30 TONNE SURFACE BULK SAMPLE”

Vancouver, British Columbia – January 8, 2019: Defense Metals Corp. (“Defense Metals” or the“Company”) (TSX-V: DEFN) announces that, as a result of a review by IIROC, the Company wishes to clarify certain disclosure in its above referenced news release dated January 8, 2019. Below is a restatement of that news release in its entirety, including the following clarifying disclosure: clearly identifies the inferred mineral resource; labels Table 1-1 as a sensitivity analysis; and retracts all references to the term “ore”. The Company is pleased to announce completion of the Initial Inferred Mineral Resource Estimate and collection of a 30

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Defense Metals Corp. Announces Initial Mineral Resource Estimate for its Wicheeda Rare Earth Carbonatite Deposit, and Collection of 30 Tonne Surface Bulk Sample

VANCOUVER, Jan. 8, 2019 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN) is pleased to announce completion of the Initial Inferred Mineral Resource Estimate and collection of a 30 tonne surface bulk sample with respect to the Wicheeda rare earth carbonatite deposit located approximately 80 km northeast of Prince George, north central BC. The Mineral Resources comprises an Inferred Mineral Resource of 11,370,000 tonnes averaging 1.96% LREE (Light Rare Earth Elements) classified according to the CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 23rd, 2003 and CIM “Definition

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