DEFENSE METALS SETTLES DEBT WITH HCF INTERNATIONAL ADVISERS THROUGH EQUITY
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 08 2025
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Source: PRnewswire
Debt Settlement Agreement: Defense Metals Corp. has entered into a shares-for-debt settlement agreement with HCF International Advisers Limited to settle $158,200 in outstanding payables by issuing 988,750 common shares and 494,375 common share purchase warrants.
Wicheeda Project Development: The company is advancing its Wicheeda Rare Earth Element project, which is in the Feasibility Stage and has shown robust economics in a recent Preliminary Feasibility Study, highlighting its strategic location and infrastructure support.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
