Defiance Silver (TSE:DEF) has released an update.
Defiance Silver Corp. has successfully completed the final tranche of its non-brokered private placement, raising a total of C$2,644,350 through the issuance of over 26 million units. Each unit, priced at C$0.10, includes one common share and a half warrant, with each full warrant allowing the purchase of an additional share at C$0.20 within 24 months. The proceeds are earmarked for exploration activities and general corporate purposes, with securities subjected to a four-month hold period.
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