Defiance Silver Closes C$10.0m Brokered Private Placement

Defiance Silver Corp_

Defiance Silver Corp. (“Defiance” or the “Company”) is pleased to announce that it has closed the previously announced brokered private placement 29,415,000 units (the “Units”) at a price of C$0.34 per Unit , which includes 8,825,000 Units issued pursuant to the exercise in full of the Agents’ overallotment option, for gross proceeds totaling C$10,001,100 (the “Offering”). The Offering was led by Red Cloud Securities Inc. and included Canaccord Genuity Corp. (the “Agents”).

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