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DEF.V ·

Defiance Announces Results of 2023 Annual General and Special Meeting

Shareholder Meetings

Defiance Announces Results of 2023 Annual

General and Special Meeting

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) -

Defiance Silver Corp. (TSXV:

DEF) (OTCQX: DNCVF) (FSE: D4E) (WKN: A1JQW5)

("

Defiance

" or the "

Company

") is pleased to

announce the results of its 2023 Annual General and Special Meeting held on Friday, December 8,

2023.

Shareholders approved all items to be acted upon, as outlined in the management information circular of

the Company dated November 3, 2023, namely:

Electing all nominees to the board of directors of the Company

Appointing Davidson & Company LLP as auditor of the company for the ensuing year and

authorizing the directors to determine the auditor's compensation.

Approving, ratifying and confirming the Company's 2021 Omnibus Plan

A total of 70,937,959 common shares of the Company were voted at the meeting, representing

approximately 30.929% of the issued and outstanding common shares of the Company (see below).

RESOLUTION

VOTES FOR

VOTES AGAINST

VOTES WITHHELD

To set the number of directors at five

97.888%

2.112%

n/a

To elect the following as directors:

Christopher Wright

98.918%

n/a

1.082%

Paul Smith

99.562%

n/a

0.438%

Ronald Sowerby

99.550%

n/a

0.450%

James Bergin

98.900%

n/a

1.10%

George Cavey

98.659%

n/a

1.341%

Appointment of Auditor

99.723%

n/a

0.277%

Approve, ratify and confirm the 2021 Omnibus Plan

(Majority of Minority)

90.301%

9.699%

n/a

About Defiance Silver Corp.

Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) is an exploration company

advancing the district-scale Zacatecas project, located in the historic Zacatecas Silver District and the

Tepal Gold/Copper Project in Michoacán state, Mexico. Defiance is managed by a team of proven mine

developers with a track record of exploring, advancing, and developing several operating mines and

advanced resource projects. Defiance's corporate mandate is to expand the San Acacio and Tepal

projects to become premier Mexican silver and gold deposits.

On behalf of Defiance Silver Corp. "Chris Wright"

Chairman of the Board

For more information, please contact: Investor Relations at +1 (604) 343-4677 or via email at

[email protected].

www.defiancesilver.com

Suite 2900-550 Burrard Street Vancouver, BC V6C 0A3 Canada

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

This news release may contain forward-looking statements including but not limited to comments

regarding timing and content of upcoming work programs, geological interpretations, receipt of

property titles, potential mineral recovery processes, etc. Forward-looking statements address future

events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ

materially from those currently anticipated in such statements. Defiance Silver Corp. relies upon

litigation protection for forward-looking statements.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/190565