Welcome to our dedicated page for Defiance Silver news (Ticker: DNCVF), a resource for investors and traders seeking the latest updates and insights on Defiance Silver stock.
Defiance Silver Corp. (DNCVF) drives mineral exploration in Mexico's historic mining districts, focusing on gold, copper, and silver discoveries. This comprehensive news hub provides investors with essential updates about the company's exploration programs, technical developments, and corporate milestones.
Access authoritative reports on the Tepal Gold-Copper Project and Zacatecas Silver District concessions, including NI 43-101 compliant resource estimates. Our curated collection features earnings announcements, strategic partnerships, and geological findings that demonstrate Defiance Silver's systematic approach to resource development.
Key updates include drilling results from the San Acacio silver deposit, progress on the Lagartos project, and capital allocation strategies. Bookmark this page for real-time access to press releases detailing surface sampling campaigns, updated geological models, and management commentary on exploration targets.
Defiance Silver announced the closure of the first tranche of a non-brokered private placement, raising C$2,613,900 through the sale of units at C$0.20 each. Each unit comprises one common share and one-half of a warrant, each warrant exercisable at C$0.35 within 24 months. The proceeds will be used for exploration and working capital.
Additionally, the company paid finder's fees, including C$146,809 in cash and 633,870 non-transferable warrants. Director Ron Sowerby purchased 100,000 units, constituting a related party transaction exempt from formal valuation and minority approval requirements as per Regulation 61-101.
Defiance also entered into a corporate communication service agreement with AXINO Media GmbH for annual payments of €50,000 and additional fees for translation services. The company will issue 52,375 shares at an average price of C$0.179 per share for administrative services provided from January to June 2024.
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