Defiance Increases Price of Non-Brokered Private Placement
NEWS RELEASE
Defiance Capital Corp.
FOR RELEASE: April 13, 2011 TRADING SYMBOL "DEF: TSX.V"
Defiance Increases Price of Non-Brokered Private Placement
Defiance Capital Corp. announces that it has increased the price of its private placement announced on March 29, 2011. Defiance will now be issuing 1,250,000 units at a price of $0.24 per unit for total proceeds of $300,000. Each unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase one common share for a period of two years at a price of $0.32 per share.
The proceeds of the financing will be used to identify potential future acquisitions and for general working capital purposes. The private placement is subject to TSX Venture Exchange approval.
Defiance Capital Corp. is an exploration company engaged in the acquisition, exploration and development of gold and silver projects in the United States and Latin America.
On behalf of the Directors of Defiance Capital Corp.
“Darrell A. Rader”
Director
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. _____________________________________________________________________________________________ 1500 – 409 Granville Street Telephone 778-330-0994 Vancouver, BC V6C 1T2 www.defiancecapital.ca