DEFIANCE SILVER CORP. ("DEF") BULLETIN TYPE: Shares for Debt BULLETIN DATE: May 15, 2014 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,991,920 shares to settle outstanding debt for $199,192.
Number of Creditors: 5 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares
872599 BC Ltd. (Darrell Radar) Y $36,605 $0.10 366,050 Winfield Consulting Ltd. (Bruce Winfield) Y $70,625 $0.10 706,250 Matthew Kavanagh Y $9,000 $0.10 90,000 Richard Tschauder Y $22,986 $0.10 229,860
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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