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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2012) - Further to news release dated September 10, 2012, Defiance Silver Corp ("Defiance") (TSX VENTURE:DEF) is pleased to announce that it has closed the second and final tranche of its amended private placement with the issuance of 1,675,000 units at a price of $0.20 per Unit for gross proceeds of $335,000. These units are subject to a four month hold period expiring four months from the date of issue. Gross proceeds from the two tranches totals $883,300. This amount includes an oversubscription of $383,300. |
