DEF. Defiance Silver Corp

Defiance Increases Loan Financing

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2018) - Defiance Silver Corp. (OTC: DNCVF) (TSXV: DEF) ("Defiance") announces that, further to its news releases of June 19, 2018 and September 17, 2018, it has increased its third party loan facility from $700,000 to up to $1,120,810. The additional proceeds provide Defiance with the funding necessary to complete its proposed merger with ValOro Resources Inc. (see news release dated September 17, 2018), and to continue its exploration of the San Acacio Silver project in Zacatecas, Mexico.

The loan is unsecured, bears interest at the rate of 1% per month, and matures on the earlier of September 17, 2019 or the date Defiance closes its next equity financing. Defiance will pay a commitment fee of 2.0% of the loan, payable on maturity or repayment; and will issue 1,618,500 warrants to the lender, each warrant entitling the lender to acquire one common share of Defiance at $0.26 until September 17, 2019. The issuance of the bonus warrants will be subject to the approval of the TSX Venture Exchange.

About Defiance Silver Corp.

Defiance Silver Corp. (TSXV: DEF) (OTC: DNCVF) (FSE: D4E) is a silver explorer and developer advancing the San Acacio Deposit, located in the historic Zacatecas Silver District of central Mexico. Defiance is managed by a team of proven mine developers with a track record of exploring and developing seven operating mines to date. Defiance's corporate mandate is to expand San Acacio to become one of Mexico's premier high grade wide vein silver deposits. A is available on our website.

On behalf of Defiance Silver Corp.

"Peter J. Hawley"

President & CEO
Chairman of the Board, Director

For more information, please contact: Sunny Pannu — Corporate Development (604) 669 7315 or via email at .

2300 - 1177 West Hastings Street
Vancouver, BC V6E 2K3
Tel: 604-669-7315

Email:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

EN
24/09/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Defiance Silver Corp

 PRESS RELEASE

Drilling Returns High Grade Silver, Expands New Zone of Mineralization...

Vancouver, British Columbia--(Newsfile Corp. - September 7, 2021) - Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) ("Defiance" or the "Company") is pleased to provide an update to the ongoing drill program, including the discovery of wide, high-grade zones of mineralization outside of the existing resource area at the San Acacio project in Zacatecas, Mexico.Highlight of ResultsDDSA-21-48 - Returned very high grades and wide widths of silver in the main zone of the Veta Grande structure, including 20.97m of 144.00 g/t Ag or 179 g/t AgEq (from 142.20m - 163.17m), including 1.63m of ...

 PRESS RELEASE

Drilling Continues to Return Wide Widths at Defiance Silver's Zacateca...

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) ("Defiance" or the "Company") is pleased to provide an update to the ongoing drill program at the company's Zacatecas project. The current phase of the drill program has been successful in defining a new zone of mineralization near the Veta Morada fault and further outlining wide zones of mineralization on the Veta Grande vein system at the Zacatecas project.Highlight of ResultsDDSA-21-40 - Intersected high grade and wide widths of silver on the Veta Grande vein, includ...

 PRESS RELEASE

Defiance Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2021) - Defiance Silver Corp. (TSXV: DEF) (OTCQX:DNCVF) (FSE:D4E) ("Defiance" or the "Company") announces it has granted incentive stock options to certain directors and officers to purchase of an aggregate of 1,425,000 common shares of the Company at an exercise price of $0.90 (the"Options") in accordance with the terms of the Company's incentive stock option plan. The Options are exercisable for a ten-year term expiring June 30, 2031 and vest as follows: one-third on the date of grant, one-third twelve months following grant date and on...

 PRESS RELEASE

Defiance Closes C$11.5 Million Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - June 10, 2021) - Defiance Silver Corp. (TSXV: DEF) (FRA: D4E) ("Defiance" or the "Company") is pleased to announce that it has closed the previously announced brokered private placement of 12,777,778 units at a price of C$0.90 per Unit (the "Offering Price") for gross proceeds of C$11,500,000 (the "Offering"). The Offering was led by Red Cloud Securities Inc. and included Canaccord Genuity Corp. and Jett Capital Advisors, LLC (collectively, the "Agents").Each Unit consists of one common share of the Company (each, a "Unit Share") and one half of ...

 PRESS RELEASE

Defiance Announces Upsizing of Previously Announced Brokered Private P...

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Defiance Silver Corp. (TSXV: DEF) ("Defiance" or the "Company") is pleased to announce that due to significant demand, the Company has increased the size of its previously announced private placement with Red Cloud Securities Inc. ("Red Cloud") to sell up to 12,777,778 units of the Company (the "Units") at a price of C$0.90 per Unit (the "Offering Price") for gross proceeds of up to C$11,500,000 (the "Offering"). The Company and Red Cloud have further agreed to eliminate the previously disclosed agent's option. Each Unit will be ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch