Defiance Silver (TSE:DEF) has released an update.
Defiance Silver Corp. has successfully completed the initial phase of its fundraising through a non-brokered private placement, raising C$2.6 million by selling units that include common shares and warrants. The funds will primarily support exploration activities and provide general working capital for the company. Additionally, a related party transaction occurred with Director Ron Sowerby purchasing 100,000 Units.
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