DEFIANCE SILVER CORP. ("DEF")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 25, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 11, 2015 and June 10, 2015:
Number of Shares: 12,088,100 shares
Purchase Price: $0.10 per share
Warrants: 6,044,050 share purchase warrants to purchase 6,044,050 shares
Warrant Exercise Price: $0.15 for an 18 month period
Number of Placees: 21 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Paul Smith Y 650,000
Ronald Sowerby Y 150,000
Windermere Capital Fund SPC - Breakaway
Strategic Resource Segregated Portfolio Y 1,000,000
Kesa Capital Corp. (Darrell Rader) Y 50,000
W.D. Bruce Winfield Y 30,000
Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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