Defiance Silver Corp Announces Closure of First Tranche of Private Placement

Defiance Silver Corp. (TSXV:DEF) announced that they have closed the first tranche of its private placement for gross proceeds of $215,000.

As quoted in the press release:

Management and insiders which included IMPACT Silver Corp, subscribed for $100,500 of the private placement.

Defiance’s President and CEO, Bruce Winfield, said:

I am very pleased to have the continued support of IMPACT Silver for Defiance’s work program to explore and develop the San Acacio Mine and Santa Gabriela Mill complex in Zacatecas Mexico.

To view the whole press release, click here.