Defense Metals Corp. announced the appointment of Mr. Guy de Selliers de Moranville as a new director to the Board of Directors. The Company also announced the resignation of Dr. William H. Bird as a Director, who will remain as a rare earth elements industryadvisor.

Mr. de Selliers is a highly experienced finance professional with an illustrious career. He started his career at the World Bank in the mining division. He then joined Lehman Brothers in New York as Senior Vice President International Corporate Finance where among other assignments he covered the Canadian mining sector.

In 1990 he was a key member of the senior executive team involved in the creation of the European Bank for Reconstruction and Development Bank (EBRD). Following the EBRD he was CEO of MC-BBL, held an executive position with Robert Fleming and Co, advised the European Commission on a number of issue including co-Chairing with a joint Russian/European task force for strategic energy projects. He founded in 2003 an advisory firmHCF International Advisors which became the leading independent financial debt financial advisor to the metals and mining sector.

Throughout his career, Mr. de Selliers has been a board member of numerous influential organizations including Solvay Group, Ageas Group, AG Insurance Belgium, Ivanhoe Mining, Advanced Metallurgical Group AMG, Norilsk Nickel, Wimm Bill Dann. He currently sits on the boards of I Pulse, The Cranemere Group Ltd., and Radix, a think-tank for the Radical Center (UK). With a Master's degree in engineering and a Master's degree in economics from Louvain University in Belgium, Mr. de Selliers is widely regarded for his diverse expertise across various sectors.

His extensive knowledge and experience in the international business community make him a highly valuable asset to the Company's Board of Directors.