Core Insights - Defense Metals Corp. has appointed Ali Mahdavi as Senior Vice President of Corporate Development to enhance investor relations and corporate opportunities [2][4] - The company is advancing its Wicheeda critical minerals project, which is positioned favorably amid increasing global focus on critical minerals and rare earth elements [2][5] - A total of 2,675,000 incentive stock options have been granted to employees and directors, allowing them to purchase shares at C$0.30 each for five years [3] Company Developments - Ali Mahdavi brings over 30 years of experience in the capital markets, particularly in the rare earth industry, and has previously held senior roles in other companies [2] - The Wicheeda project is located on an 11,800-hectare site in British Columbia and has completed a Preliminary Feasibility Study demonstrating robust economics [5][6] - The project is strategically accessible via major transportation routes, including proximity to hydro power and gas pipelines, enhancing its logistical advantages [6] Management and Strategy - The company emphasizes the importance of recognizing and incentivizing its management team to support the development of the Wicheeda project [4] - The addition of high-caliber staff in finance, sustainability, governance, and corporate development is part of the company's strategy to strengthen its operations [4]

Core Points - Powermax Minerals Inc. has appointed Mr. Kyle Nazareth as the new Chief Financial Officer effective October 10, 2025, succeeding Reena Sall [2][4][3] - The company's common shares began trading on the OTCQB market under the ticker symbol "PWMXF" as of October 9, 2025, enhancing visibility to U.S. investors [5][6] - Powermax has engaged Independent Trading Group, Inc. as a market maker to improve liquidity and trading experience for its shares on the Canadian Securities Exchange [7][9] - The company has contracted Euro Digital Media Ltd. for marketing services for up to six months, with a budget of USD $500,000 [11][13] Company Updates - Mr. Nazareth brings over a decade of experience in managing public companies and capital market transactions [3] - The OTCQB listing is seen as a significant milestone for Powermax, reflecting its commitment to transparency and growth [6] - ITG will provide market-making services for a monthly fee of CDN $5,500, with no shares or options as compensation [9][10] - Euro Digital will conduct various marketing activities, including online campaigns and keyword optimization, to promote the company's business [12] Company Background - Powermax Minerals Inc. is focused on advancing rare earth element projects, holding options for properties in British Columbia and Ontario, and owning a 100% interest in a project in Wyoming [14]