Oct. 24 at 4:06 PM
$DFMTF Defense Metals Appoints Ali Mahdavi as SVP Corporate Development, and grants incentive stock options. Ali Mahdavi’s pedigree: 30+ years in capital markets, with rare earth industry depth. He’s not just a generic IR guy—he’s been at Neo Performance Materials, one of the few real rare earth processors outside China. That’s a direct line of credibility with institutional investors and potential strategic partners.
Timing: Wicheeda has a completed Preliminary Feasibility Study and is moving toward a Definitive Feasibility Study in 2026. That’s the exact stage where you need someone who can (a) line up financing, (b) court offtake partners, and (c) keep the capital markets engaged. The grant of 2.675M options at C
$0.30 means management is incentivized to push the stock above that level. https://www.prnewswire.com/news-releases/defense-metals-appoints-ali-mahdavi-as-svp-corporate-development-and-grants-incentive-stock-options-302593373.html