Defiance Announces Non-Brokered Private Placement
NEWS RELEASE
Defiance Capital Corp.
FOR RELEASE: March 29, 2011 TRADING SYMBOL "DEF: TSX.V"
Defiance Announces Non-Brokered Private Placement
Defiance Capital Corp. is pleased to announce a non-brokered private placement of $300,000 to be raised through the issuance of 1,500,000 units at a price of $0.20 per Unit. The Unit will be comprised of one common share and one-half of one share purchase warrant. One whole Warrant will entitle the holder to purchase one common share for a period of two years at a price of $0.25 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
Forward Looking Statement: Some of the statements contained in this press release are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.