VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/21/13 -- Defiance Silver Corp. (TSX VENTURE: DEF) ("Defiance" or the "Company") announces that as a result of a review by the British Securities Commission, the Company is issuing the following news release to clarify its disclosure.
As of March 14, 2013 the Company on its San Acacio and Veta Grande project pages of its corporate website referred to a previous [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/11/13 -- Defiance Silver Corp. (TSX VENTURE: DEF) (the "Company") announces it intends to seek TSX Venture Exchange ("Exchange") approval to extend the expiry date of certain previously issued warrants, being: (i) 937,500 warrants exercisable at $0.21333 per share (issued April 15, 2011) from April 15, 2013 to April 15, 2014; (ii) 397,225 warrants exercisable at $0.30 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/11/12 -- Defiance Silver Corp. (TSX VENTURE: DEF) ("Defiance") is pleased to announce that Brian Robertson and Ron Sowerby have joined the Board of Directors of Defiance.
Brian Robertson is a registered mining engineer with post graduate training in business administration and over 30 years in the mining industry. Brian's extensive experience in operations, permitting [...]
Defiance Silver is pleased to announce the appointment of Matthew Kavanagh to the position of Chief Financial Officer. Mr. Kavanagh is a chartered accountant with 25 years of experience in accounting and as a Chief Financial Officer for various Canadian companies including several silver miners. Defiance also announces the resignation of Ron Sowerby as Chief Financial Officer. The Board wishes to thank Ron for his [...]
Defiance Silver is pleased to announce that a National Instrument 43-101 compliant indicated and inferred resource estimate has been completed for the San Acacio deposit by AGP Mining Consultants. The base case for reporting the mineral resource estimate used a silver equivalent ("AgEq")* cut -off grade of 65 grams tonne ("g/t"). Highlights of the estimate include:
Further to news release dated September 10, 2012, Defiance Silver is pleased to announce that it has closed the second and final tranche of its amended private placement with the issuance of 1,675,000 units at a price of $0.20 per Unit for gross proceeds of $335,000. These units are subject to a four month hold period expiring four months from the date of issue. Gross proceeds from the two tranches totals $883,300. This [...]
Defiance Silverannounces that the terms of the non-brokered private placement announced on June 6, 2012 have been revised. Under the new terms Defiance will offer up to 2,500,000 units at a price of $0.20 per Unit for gross proceeds of $500,000. The Offering is subject to an overallotment option whereby the Offering may be increased by up to 50%.
Defiance Silver is pleased to announce that Mr. George Gorzynski (P.Eng.) has agreed to join its Board of Directors, and that Mr. Fred Davidson (C.A.) has joined its newly created Advisory Board. Mr. Gorzynski is a professional engineer and geologist with over 30 years of experience in the exploration and development of mining projects in Canada and internationally. His experience encompasses a wide variety of commodities [...]
Defiance is pleased to announce the successful renegotiation of the option agreement to acquire the San Acacio Silver Mine located in Zacatecas State Mexico. The new agreement has pushed the option exercise payment from May 2013 to August 2015. "I am extremely pleased with the substantial increase in the time allowed to purchase the San Acacio Mine," stated Bruce Winfield, CEO. "Three years is sufficient time to allow [...]
Defiance Silver is pleased to announce a non-brokered private placement of up to 33,333,400 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $10,000,000, with a minimum of 13,333,400 units for gross proceeds of $4,000,000. The Offering is subject to an overallotment option whereby the Company may increase the Offering by up to 50% depending on market demand.
Further to the Company's news release of February 17, the Company advises it will no longer be proceeding with the balance of the non-brokered private placement. Defiance Silver Corp. is a near-term silver producer in Mexico. With a strong team of proven mine developers, Defiance is focused upon being an aggressive explorer and acquirer of silver projects in the historic billion-ounce silver producing Zacatecas District.
Defiance is pleased to announce that further to the Defiance news release dated August 31, 2011, George Gorzynski, P.Eng., has joined its Board of Directors. Mr. Gorzynski holds a Bachelor of Applied Science (Honours) from the University of Toronto and a Master of Applied Science from the University of British Columbia. He is a Professional Engineer registered in the Province of British Columbia. George has over 30 years [...]