 VANCOUVER, BC, Aug. 10, 2021 PRNewswire - Defense Metals Corp. Defense Metals or the Company TSXV: DEFN OTCQB: DFMTF FSE: 35D is pleased to announce the execution of a non-binding Memorandum of Understanding MOU with Sinosteel Equipment Engineering Co., Ltd Sinosteel MECC, a subsidiary of Sinosteel Corporation, consisting of information sharing, beneficiation testwork and potential concentrator design research cooperation, and an investigation into the establishment of an on-site large-scale pilot plant at the Wicheeda Rare Earth Property Wicheeda to assess the economic and technical feasibility of full-scale mine development. Pursuant to the MOU, areas of cooperation between the Parties are as follows: Defense Metals will share Wicheeda project information with Sinosteel MECC including but not limited to: Mine development, Permitting and licences, Transport logistics, Project financing, Cash cost analysis, and Situational updates. 