DFMTF - Defense Metals Corp. Closes $1 Million First Tranche of Private Placement & Provides Video Update on Flotation Pilot Plant

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VANCOUVER, BC, June 15, 2020 /CNW/ - Defense Metals Corp. (TSXV:DEFN)(OTCQB:DFMTF)(FRA: 35D)) ("Defense Metals" or the "Company") is pleased to announce that it has closed the first tranche of a non-brokered private placement (the "FT Private Placement") consisting of 3,460,000 flow-through units (the "FT Units") at a price of $0.25 per FT Unit for gross proceeds of $865,000. Each FT Unit is comprised of one flow-through share and one common share purchase warrant. Each warrant is exercisable to purchase one common ...