Defiance Silver Corp. is pleased to announce that it has closed the second tranche of its previously announced private placement in the amount of $1,057,890 and has issued in connection therewith 5,289,452 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 [...]
Defiance Silver Corp. is pleased to report that shareholders voted in favour of all items of business at its annual general meeting of shareholders held on March 27, 2019. Dunham Craig was added to Defiance's board of directors at the meeting. The board now consists of: Peter Hawley Darrell Rader Paul Smith Ron Sowerby Randy Smallwood Dunham Craig Mr. Craig, P. Geo. was past interim CEO, president of ValOro Resources and [...]
Defiance Silver Corp. is pleased to announce that it has closed the first tranche of its private placement in the amount of $1,229,500 and has issued in connection there with 6,147,500 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 [...]
Defiance Silver Corp. and ValOro Resources Inc. are pleased to announce that their friendly merger under the Business Corporations Act to create a leading diversified explorer with an advanced portfolio of Mexican silver and gold projects was completed effective 11:59 pm on Monday, December 31, 2018. The name of the combined company is Defiance Silver Corp. and its trading symbol is DEF with no changes to its CUSIP number [...]
Defiance Silver Corp. and ValOro Resources Inc. are pleased to announce that their friendly merger under the Business Corporations Act will be completed effective 11:59 pm on Monday, December 31, 2018 and will create a leading diversified explorer with an advanced portfolio of Mexican silver and gold projects. ValOro shareholders voted 98% in favour of the Transaction at a special general meeting held on Wednesday [...]
ValOro Resources Inc. provides the following additional disclosure regarding its information circular dated November 22, 2018. The circular was issued in connection with ValOro’s special general meeting of securityholders being held on December 19, 2018 to consider and, if appropriate, approve by a special resolution the friendly merger of ValOro and Defiance Silver Corp. . Merger is a Business Combination under MI [...]
ValOro Resources Inc. is pleased to announce that Madam Justice Matthews of the BC Supreme Court issued an order today authorizing ValOro to call a special general meeting of its shareholders to consider and, if appropriate, approve by a special resolution the friendly merger of ValOro and Defiance Silver Corp.. Due to unexpected delays in printing and mailing of the proxy materials, the meeting will be held on Wednesday [...]
Defiance Silver Corp. and ValOro Resources Inc. are pleased to announce that, further to their News Release dated September 17, 2018, Defiance and ValOro have signed a Definitive Arrangement Agreement dated November 5, 2018 to complete their friendly merger. ValOro has arranged a special shareholder meeting for December 17, 2018 to vote on the merger and related matters. The Transaction has the unanimous support of both [...]
Defiance Silver Corp. announces that, further to its news releases of June 19, 2018 and September 17, 2018, it has increased its third party loan facility from $700,000 to up to $1,120,810. The additional proceeds provide Defiance with the funding necessary to complete its proposed merger with ValOro Resources Inc. , and to continue its exploration of the San Acacio Silver project in Zacatecas, Mexico. The loan is [...]
Defiance Silver Corp. and ValOro Resources Inc. are pleased to announce that they entered into a Letter of Intent on September 5, 2018 to complete a friendly merger that will create a significant Mexico focused explorer with an advanced portfolio of silver and gold projects . The combined company will continue under the name of Defiance Silver Corp. and will be led by a highly experienced management team from both [...]
Defiance Silver Corp. 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 [...]
Defiance Silver is pleased to announce that it has completed its acquisition of MAG Silver's Zacatecas Silver District holdings and its regional exploration database covering 135,000ha. As consideration for the sale, Defiance issued 5,000,000 shares to MAG. The shares are subject to an eighteen month hold period ending December 22, 2019. When necessary, MAG agrees to vote its shares owned in accordance with the [...]
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