Defiance Extends San Acacio Payment To 2020

Defiance Extends San Acacio Payment… _ Defiance Silver Corp_

Defiance Silver Corp. (“Defiance”) is pleased to announce it has successfully renegotiated and extended the terms of its San Acacio Silver Project option agreement.The project vendor has agreed to postpone a substantial amount of the payments due in 2018 to September 27, 2020.As a result, Defiance will be making four quarterly payments of US$226,900 totaling US$907,600 in year one and four quarterly payments of US$250,000 totaling US$1,000,000 in year two with the final option payment due September 2020.

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