Tech Company Financing Transactions
Defense Metals Funding Round
Defense Metals, based in Vancouver, BC, secured $590 thousand from Government of Canada.
Transaction Overview
Company Name
Announced On
3/3/2025
Transaction Type
Venture Equity
Amount
$590,000
Round
Undisclosed
Investors
Proceeds Purpose
Funding will support an economic study assessing the construction of a 46km transmission line connecting Wicheeda to the provincial hydroelectric power grid.
Company Information
Company Status
Private & Independent
Industry
Defense
Mailing Address
800 West Pender Street 1020
Vancouver, BC, V6C 2V6
Canada
Vancouver, BC, V6C 2V6
Canada
Phone
Undisclosed
Website
Email Address
Overview
Defense Metals Corp. is focused on the exploration and development its 100% owned Wicheeda Project in British Columbia. The rare-earth elements project strives to deliver critical metals commonly used in the defense and national security industries, and in the production of green energy technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Tory
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We report on every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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