Defiance Silver Announces Closing of Private Placement Financing
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) has closed the final tranche of its non-brokered private placement, raising total gross proceeds of C$3,222,615. The offering consisted of units priced at C$0.20, with each unit comprising one common share and half a warrant. Each full warrant allows the purchase of one common share at C$0.35 within 24 months.
The company issued 16,113,075 units in total across two tranches. The net proceeds will fund exploration and working capital. In connection with the offering, Defiance paid C$110,868 in cash commissions and issued 748,453 non-transferable finder warrants. Securities from the final tranche are subject to a four-month hold period expiring November 26, 2024.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) ha concluso l'ultima tranche della sua offerta privata non mediata, raccogliendo un totale di C$3,222,615. L'offerta comprendeva unità prezzate a C$0.20, con ciascuna unità composta da un'azione comune e mezzo warrant. Ogni warrant completo consente l'acquisto di un'azione comune a C$0.35 entro 24 mesi.
La società ha emesso 16,113,075 unità in totale su due tranche. I proventi netti finanzieranno l'esplorazione e il capitale circolante. In relazione all'offerta, Defiance ha pagato C$110,868 in commissioni in contante e ha emesso 748,453 warrant per intermediari non trasferibili. I titoli dell'ultima tranche sono soggetti a un periodo di blocco di quattro mesi che scade il 26 novembre 2024.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) ha cerrado la última tranche de su colocación privada no mediada, recaudando un total de C$3,222,615. La oferta consistió en unidades valoradas en C$0.20, cada una compuesta por una acción común y medio warrant. Cada warrant completo permite la compra de una acción común a C$0.35 dentro de un plazo de 24 meses.
La empresa emitió un total de 16,113,075 unidades en dos tranches. Los ingresos netos se destinarán a la exploración y al capital de trabajo. En relación con la oferta, Defiance pagó C$110,868 en comisiones en efectivo y emitió 748,453 warrants no transferibles para buscadores. Los valores de la última tranche están sujetos a un período de restricción de cuatro meses que expira el 26 de noviembre de 2024.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF)는 중개 없는 사모펀드의 마지막 트랜치를 마감하며 총 C$3,222,615의 모금을 완료했습니다. 이번 공모는 C$0.20에 가격이 책정된 단위로, 각 단위는 보통주 1주와 반 개의 워런트로 구성되어 있습니다. 각 완전한 워런트는 24개월 이내에 C$0.35로 1개의 보통주를 구매할 수 있도록 허용합니다.
회사는 총 16,113,075 단위를 두 개의 트랜치에 걸쳐 발행했습니다. 순수익은 탐사 및 운전 자본에 사용될 것입니다. 이번 공모와 관련하여 Defiance는 C$110,868의 현금 수수료를 지급하고 748,453개의 이전 불가능한 발견자 워런트를 발행했습니다. 마지막 트랜치의 증권은 2024년 11월 26일에 만료되는 4개월의 보류 기간에 해당됩니다.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) a clôturé la dernière tranche de son placement privé non médié, levant un total de C$3,222,615. L'offre se composait d'unités au prix de C$0,20, chaque unité comprenant une action ordinaire et une demi-option. Chaque option entière permet d'acheter une action ordinaire à C$0,35 dans un délai de 24 mois.
La société a émis au total 16,113,075 unités dans deux tranches. Les bénéfices nets financeront l'exploration et le fonds de roulement. En lien avec l'offre, Defiance a payé C$110,868 de commissions en espèces et a émis 748,453 options pour intermédiaires non transférables. Les titres de la dernière tranche sont soumis à une période de blocage de quatre mois qui expire le 26 novembre 2024.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) hat die letzte Tranche ihrer nicht vermittelten Privatplatzierung abgeschlossen und dabei brutto C$3,222,615 eingenommen. Das Angebot bestand aus Einheiten zu einem Preis von C$0,20, wobei jede Einheit eine Stammaktie und einen halben Warrant umfasste. Jeder volle Warrant erlaubt den Kauf einer Stammaktie zu C$0,35 innerhalb von 24 Monaten.
Das Unternehmen gab insgesamt 16,113,075 Einheiten über zwei Tranchen aus. Die Nettoerlöse werden zur Finanzierung von Explorationen und Betriebskapital verwendet. Im Zusammenhang mit dem Angebot zahlte Defiance C$110,868 in Barprovisionen und gab 748,453 nicht übertragbare Finder-Warrants aus. Die Wertpapiere aus der letzten Tranche unterliegen einer viermonatigen Haltedauer, die am 26. November 2024 endet.
- Raised C$3,222,615 in gross proceeds through private placement
- Issued 16,113,075 units, increasing available capital
- Each warrant allows purchase of shares at C$0.35, potentially bringing in additional future capital
- Dilution of existing shareholders due to issuance of new shares
- Additional 748,453 finder warrants issued, potentially leading to further dilution
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Defiance Silver Corp. (TSXV: DEF) (FSE: D4E) (WKN: A1JQW5) ("Defiance" or the "Company") is pleased to announce that it has closed the second and final tranche ("Final Tranche") on July 26th, 2024 (the "Closing Date") of its previously announced non-brokered private placement offering (the "Offering") of units of the Company (the "Units") at a price of C
Marketed Offering
Each Unit is comprised of one common share of the Company (each a "Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will be exercisable by the holder thereof to acquire one common share of the Company (each a "Warrant Share") at a price of C
The net proceeds of the Offering will be used by the Company for exploration and general working capital purposes. Under applicable securities legislation and the policies of the TSX Venture Exchange, the securities issued in this Final Tranche of the Offering are subject to a four-month hold period, expiring on November 26, 2024.
In connection with the closing of the Offering, the Company paid finder's fees comprised of an aggregate cash commission
About Defiance Silver Corp.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) is an exploration company advancing the district-scale Zacatecas project, located in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán state, Mexico. Defiance is managed by a team of proven mine developers with a track record of exploring, advancing, and developing several operating mines and advanced resource projects. Defiance's corporate mandate is to advance our projects through capital-efficient exploration focused on resource growth and new mineral discoveries.
On behalf of Defiance Silver Corp.
"Chris Wright"
Chairman of the Board
For more information, please contact: Investor Relations at +1 (604) 343-4677 or via email at info@defiancesilver.com.
Suite 2900-550 Burrard Street
Vancouver, BC V6C 0A3
Canada
Tel: +1 (604) 343-4677
Email: info@defiancesilver.com
Disclaimer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Information
Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian securities laws. Such forward-looking information and statements involve known and unknown risks and uncertainties that may cause Defiance's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. The words "believe", "expect", "anticipate", "contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking information.
Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from Defiance's Mexican activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedarplus.ca. Accordingly, all such factors should be considered carefully when making decisions with respect to Defiance, and prospective investors should not place undue reliance on forward-looking information. Forward-Looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218088
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