Defiance Announces Participation at PDAC and Red Cloud's 2023 Pre-PDAC Mining Showcase

February 15th, 2023

Vancouver, British Columbia - Defiance Silver Corp. (“Defiance” or the “Company”) is pleased to announce it will be attending the PDAC in Toronto, Canada. We cordially invite you to visit with Company representatives on Sunday, March 5th through Wednesday, March 8th, 2023 at Booth #2703 within the Investors Exchange at the 2023 Prospectors & Developers Association of Canada (PDAC) Convention to be held at the Metro Toronto Convention Centre.

The company will also be presenting at Red Cloud’s Pre-PDAC 2023 Mining Showcase. We invite our shareholders and all interested parties to join us. The annual conference will take place in-person at the Sheraton Centre Toronto Hotel from March 2-3, 2023.

Doug Cavey, Executive Vice President, will be presenting on March 3rd at 9:50 AM Eastern Standard time.

For more information and/or to register for the conference please visit: https://redcloudfs.com/prepdac2023/.

We look forward to seeing you there.

About Defiance Silver Corp.

Defiance Silver Corp. (DEF | TSX Venture Exchange; DNCVF | OTCQX; A1JQW5 | Frankfurt) is an exploration company advancing the district-scale San Acacio Deposit, located in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán state, Mexico. Defiance is managed by a team of proven mine developers with a track record of exploring, advancing and developing several operating mines and advanced resource projects Defiance’s corporate mandate is to expand the San Acacio and Tepal projects to become premier Mexican silver and gold deposits.

On behalf of Defiance Silver Corp.

“Chris Wright”

Chairman of the Board

For more information, please contact: Investor Relations at +1 (604) 343-4677 or via email at info@defiancesilver.com.

www.defiancesilver.com

Suite 2900-550 Burrard Street
Vancouver, BC V6C 0A3
Canada

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.

This news release may contain forward-looking statements including but not limited to comments regarding timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Defiance Silver Corp. relies upon litigation protection for forward-looking statements.