Defiance Appoints New President & CEO
DEFIANCE APPOINTS NEW PRESIDENT & CEO
FOR RELEASE: July 26, 2017 TSXV: DEF
OTC: DNCVF
Defiance Silver Corp. (“Defiance”) is pleased to announce the appointment of Mr. Roy Bonnell
to the position of President and CEO. Mr. Bonnell has over 20 years o f experience in venture
capital investment, finance and mergers & acquisitions. Mr. Bonnell provides Defiance with the
financing and management abilities necessary to rapidly advance and grow the San Acacio Silver
deposit in Mexico.
From 2007-2015, Mr. Bonnell served as President and CEO of Argex Titanium Inc. , overseeing
its rapid expansion from a mining exploration company to an emerging specialty chemical
producer. Argex grew to be the Second Best Performing Mining stock on the Venture’s 2013
Top 5 0 list. From 2005 -2009, he was Managing Director & Founder of Atwater Financial
Group, an independent financial and strategic advisory service. He also served at investment
dealers and merchant banks including Dundee Securities Limited, Hampton Securitie s Limited,
Benvest Associates Inc. and Two Roads Investments Inc.
Mr. Bonnell is a graduate of the London School of Economics (1995) where he received a M.Sc.
in Accounting and Finance; McGill University (1993) where he received a MBA, University of
Western Ontario (1991) where he received an LL.B and Queen’s University where he received a
B.A.H. (Political Studies). He has been a member of the Law Society of Upper Canada since
1996.
“Defiance’s San Acacio Silver Deposit is on track to become one of Mexico’s p remier high
grade wide-vein silver deposits,” commented Mr. Bonnell, “I look forward to working with the
company’s experienced technical and management team in advancing San Acacio further as the
project’s significant exploration potential remains open alo ng strike and at depth. Our goal is to
aggressively drill and grow the resource at San Acacio.”
Defiance also announces the resignation of Mr. Bruce Winfield. The Board wishes to thank Mr.
Winfield for his hard work and dedication as President, CEO and Director over the past 6 years.
Mr. Winfield has agreed to stay on as an advisor to ensure a smooth transition.
Defiance has granted under its Stock Option Plan, options to purchase an aggregate of 300,000
common shares to officers of the company. The options are exercisable for 5 years at an exercise
price of $0.31 per share.
A Panoramic Video on the San Acacio Deposit is available on our website, or Click Here to visit
our Defiance YouTube Channel . Defiance Silver Corp. is a silver explorer and developer
advancing the San Acacio Deposit, located in the historic Zacatecas Silver District of central
Mexico. Defiance is managed by a team of proven mine developers with a track recor d of
exploring and developing 7 operating mines to date. Defiance’s corporate mandate is to expand
San Acacio to become one of Mexico’s premier high grade wide vein silver deposits.
On behalf of Defiance Silver Corp.
“Peter J. Hawley”
Chairman of the Board, Director
For more 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 Exchange nor its Regulation Services Pro vider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this rel ease.