Defiance Initiates Trial Regarding the Illegal Transfer of Mining Concessions and Obtains Precautionary Measures to Protect Its Rights
DEFIANCE INITIATES TRIAL REGARDING THE ILLEGAL
TRANSFER OF MINING CONCESSIONS AND OBTAINS
PRECAUTIONARY MEASURES TO PROTECT ITS RIGHTS
FOR RELEASE: OCTOBER 27th, 2022 TSXV: DEF
OTCQX: DNCVF
FRA: D4E
Vancouver, British Columbia - Defiance Silver Corp. ("Defiance" or the "Company")
announces that the case initiated against the illegally and fraudulently transferred mineral
concessions concerning its Tepal Project has been admitted for trial by a District Court in
Michoacán, Mexico. An evidence hearing will be scheduled shortly.
It was further ordered to “stay” the mineral concessions until the trial concludes and a final
judgment is rendered. This order protects Defiance from any attempt to dispose of the
mineral concessions and preserves the matter of the trial.
The Mexican Mining Public Registry has been duly informed and notified of the above.
The aforementioned orders allow the early conclusion that District Court will eventually rule
in favor of Defiance, restoring its rightful ownership of the Mining Concessions. Defiance
has a substantial likelihood of success on the merits. Mexican Law, Mexican Precedents,
and Mexican Courts are consistent in declaring null and void illegal transfers made
fraudulently.
About Defiance Silver Corp.
Defiance Silver Corp. (DEF | TSX Venture Exchange; DNCVF | OTCQX; D4E | Frankfurt) is an
exploration company advancing the district-scale San Acacio Deposit, 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.
Mr. George Cavey, P.Geo, V.P Exploration for Defiance Silver is a Qualified Person within the
meaning of National Instrument 43-101 and has approved the technical information concerning the
Company’s material mineral properties contained in this press release.
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
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.