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Defiance Silver ( (TSE:DEF) ) has shared an update.
Defiance Silver Corp. has successfully closed the third and final tranche of its upsized private placement, raising a total of C$3,267,800. The funds will be used for exploration and general working capital, with the offering still awaiting final approval from the TSX Venture Exchange. This strategic move supports Defiance’s ongoing exploration projects and bolsters its financial position for future development.
More about Defiance Silver
Defiance Silver Corp. is an exploration company focused on advancing district-scale projects such as the Zacatecas project in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán, Mexico. The company is led by experienced mine developers with a focus on capital-efficient exploration aimed at resource growth and new mineral discoveries.
YTD Price Performance: 2.27%
Average Trading Volume: 390,156
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$62.56M
Learn more about DEF stock on TipRanks’ Stock Analysis page.
