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DEF.V ·

Defiance Appoints CFO

Management Changes

DEFIANCE APPOINTS CFO

FOR RELEASE: February 28, 2019 TSXV: DEF

OTC: DNCVF

Defiance Silver Corp. (“Defiance”) is pleased to announce the appointment of Ms. Sherry Roberge, CPA,

CA, to the position of Chief Financial Officer (“CFO”). Ms. Roberge, CP A CA is a member of the

Institute of Chartered Professional Accountants of British Columbia and holds a Bachelor of Commerce

degree from Royal Roads University as well as a Master of Professional Accounting from the University

of Saskatchewan. Ms. Roberge has more than 10 years o f finance and accounting experience in senior

financial roles, and was controller of Valoro Resources Inc. (formerly Geologix Explorations Inc.) from

2011 until February 1, 2019 when she became Chief Financial Officer and Corporate S ecretary of

Defiance Silver Corp.

Defiance has issued 1,303,113 shares at $0.28 to former directors and officers of Valoro Resources Inc. in

payment of retirement and severance obligations.

About Defiance Silver Corp.

Defiance Silver Corp. (DEF | TSX Venture Exchange; DNCVF | OTC; D4E | Frankfurt) is a district

scale resource exploration company advancing the San Acacio Deposit, located in the historic Z acatecas

Silver District and the 100% owne d Tepal Gold/Copper Project in Michoacán state, Mexico. Defiance is

managed by a team of p roven 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. Please

visit our YouTube channel for more information on our projects.

On behalf of Defiance Silver Corp.

“Peter J. Hawley”

President & CEO

Chairman of the Board, Director

For mo re information, please contact: Sunny Pannu – Corporate Development (604) 669 7315 or via

email at [email protected]

2300 - 1177 West Hastings Street www.defiancesilver.com

Vancouver, BC V6E 2K3 Tel: 604-669-7315 Email:[email protected]

Neither TSX Venture Exchan ge nor it s Regulation Services Provider (as that term i s defined in the policies of the

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