Defiance Closes Final Tranche of Pr… _ Defiance Silver Corp_

Defiance Silver Corp. (“Defiance”) is pleased to announce that it has closed the final tranche of its previously announced private placement (the “Offering”) in the amount of $280,230 and has issued in connection therewith 1,401,152 units (“Units”) at a price of $0.20 per Unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to acquire an additional common share of Defiance at an exercise price of $0.30 until May 3, 2021. In total, Defiance raised $2,567,620 in its private placement.