Defiance Silver Corp. (the “Company”), announces that further to its news releases dated January 28 and February 5, 2014, it has closed a second tranche of $100,000 of its previously announced non-brokered private placement (the “Offering”). The Offering consists of up to 24,000,000 units at $0.05 per unit, each unit consisting of one share and one warrant.
The units as issued are subject to a hold period expiring June 15, 2014. No finder’s fees were paid in connection with the second tranche closing.
About Defiance Silver Corp.:
Defiance is engaged in the acquisition and exploration of advanced silver projects in the historic Zacatecas Silver District, Mexico. The Company’s efforts are focused on the potential to expand the current resource at the San Acacio deposit with its past production of 75 to 100 million ounces of silver.
On behalf of the Directors,
For additional information please visit the Company’s website at www.defiancesilver.com.
1610 - 409 Granville Street
Vancouver, BC V6C 1T2
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