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Defiance Silver Finalizes Upsized Private Placement with C$3.27M Raised

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Defiance Silver Finalizes Upsized Private Placement with C$3.27M Raised

An update from Defiance Silver ( (TSE:DEF) ) is now available.

Defiance Silver Corp. has successfully closed the third and final tranche of its upsized non-brokered private placement, raising a total of C$3,267,800. The funds from this offering will be allocated towards exploration activities and general working capital, with the issuance of units comprising common shares and warrants, subject to a four-month hold period.

More about Defiance Silver

Defiance Silver Corp. is an exploration company focused on advancing the district-scale 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 with a mandate to grow resources and make new mineral discoveries through cost-effective exploration.

YTD Price Performance: 2.27%

Average Trading Volume: 390,156

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$62.56M

For detailed information about DEF stock, go to TipRanks’ Stock Analysis page.

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