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Defiance Silver ( (TSE:DEF) ) has shared an announcement.
Defiance Silver Corp. has successfully closed the initial tranche of a non-brokered private placement, raising gross proceeds of $732,200 through the issuance of 3,661,000 units. The funds will be used for exploration and general working capital. The offering includes common shares and purchase warrants, with a four-month hold period as per TSX Venture Exchange regulations. The company also clarified its July 2024 private placement, confirming cash commissions paid.
More about Defiance Silver
Defiance Silver Corp. is an exploration company focused on advancing the Zacatecas project in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán, Mexico. The company is managed by experienced mine developers and aims to grow resources through efficient exploration and new mineral discoveries.
YTD Price Performance: -2.33%
Average Trading Volume: 507,410
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$57.62M
For an in-depth examination of DEF stock, go to TipRanks’ Stock Analysis page.
