Defiance Closes Final Tranche of Private Placement

http://www.newsfilecorp.com/release/29375/Defiance-Closes-Final-Tranche-of-Private-Placement#.Wc7tQWjWzIU

Vancouver, British Columbia–(Newsfile Corp. – September 29, 2017) – Defiance Silver Corp. (TSXV: DEF) (OTC: DNCVF) (“Defiance”) is pleased to announce that, further to its news release of September 25, 2017, it has closed on the final tranche of its private placement of 890,000 Units at a price of $0.30 per Unit for gross proceeds of $267,000. These Units are subject to a four month hold period expiring January 30, 2018. In total, Defiance raised $1,725,000 under its private placement.

The proceeds of the private placement will be used by Defiance to commence a drill program at the San Acacio Silver Deposit located in Zacatecas, Mexico as well as for working capital purposes.

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