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CEO and Director buying at Defiance Silver (V:DEF)

Updated Monday Mar 18, 2019 01:51 AM EDT

Peter Jude Hawley, CEO and Director, acquired 450,000 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on March 11th, 2019. The insider also acquired 450,000 Warrants with an exercise price of $0.300 until March 11, 2021. This represents a $90,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Randy Smallwood, a Director, acquired 312,500 Common Shares and 312,500 Warrants on a direct ownership basis. This represents a $62,500 investment into the company's shares and an account share holdings change of 64.0%.

Defiance Silver is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Defiance Silver Corp. is an exploration-stage company and engages principally in the acquisition and exploration of mineral property interests primarily in Mexico. The Company has the right to acquire an interest in a property and has applied for a second property, both of which are located in Mexico (the San Acacio Deposit, and the Minerva Property). The San Acacio silver deposit is located in the Zacatecas Silver District, Mexico. The past producing San Acacio mine consisting of over 10 mining concessions totaling approximately 7.46 square kilometers, hosts the southeastern portion of the Veta Grande vein system. The San Acacio mining concessions control approximately 5.6 kilometers of the 8.5-kilometer long Veta Grande vein system. The Company has applied for the Minerva property located in northern Mexico, which comprises approximately 29,000 hectares covering a district with a series of old artisanal mine workings.

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Go to Defiance Silver Corp. (DEF)'s company page

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