Defiance Silver - Clarifying
Defiance Silver - Clarifying News Release
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Defiance Silver Corp. (TSXV: DEF)
(FSE: D4E) (WKN: A1JQW5) ("
Defiance
" or the "
Company
") would like to clarify certain statements
contained in its news release dated July 12, 2024.
On July 12, 2024, the Company announced that it has previously engaged an arm's length party, AXINO
Media GmbH ("
AXINO
") to perform services for the Company, including investor relations activities, as
defined in accordance with the policies of the TSX Venture Exchange and applicable securities laws.
The Company would like to clarify that the engagement of AXINO was effective as of July 1, 2024 and
prior to that date, AXINO had not been engaged by the Company.
ABOUT AXINO Media GmbH (
http://www.axino.com
)
AXINO is a privately owned full-service investor relations firm based in Esslingen, Germany. Since 2000,
it specializes in representing resource sector companies that wish to obtain investor exposure and
develop a shareholder following in the European financial markets, with a special focus on the German-
speaking financial communities. AXINO's clients in the resource sector include such reputable
companies as Agnico-Eagle Mines Ltd., Endeavour Silver Corp., Global Atomic Corp., HIVE Digital
Technologies Ltd., Metallic Minerals Corp., Rio Alto Mining Limited, Sonoro Gold Corp., and many
others.
On July 12, 2024, the Company announced that it had previously entered into an arm's length
administrative services agreement dated May 1, 2023, for services provided by an officer of the
company.
The Company wishes to clarify that the agreement between the officer and the Company is
non-arm's length.
About Defiance Silver Corp.
Defiance Silver Corp.
(TSXV: DEF) (FSE: D4E) (WKN: A1JQW5)
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 advance our projects through
capital-efficient exploration focused on resource growth and new mineral discoveries.
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
Tel: +1 (604) 343-4677
Email:
Disclaimer
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.
Caution Regarding Forward-Looking Information
Information contained in this news release which are not statements of historical facts may be
"forward-looking information" for the purposes of Canadian securities laws. Such forward-looking
information and statements involve known and unknown risks and uncertainties that may cause
Defiance's actual results, performance and achievements to differ materially from those expressed or
implied by the forward-looking information and statements and accordingly, undue reliance should not
be placed thereon... The words "believe", "expect", "anticipate", "contemplate", "plan", "intends",
"continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions
identify forward-looking information.
Risks and uncertainties that may cause actual results to vary include but are not limited to the
speculative nature of mineral exploration and development, including the uncertainty of reserve and
resource estimates; operational and technical difficulties; the availability of suitable financing
alternatives; fluctuations in gold and other commodity prices; changes
to and compliance with
applicable laws and regulations, including environmental laws and obtaining requisite permits;
political, economic and other risks arising from Defiance's Mexican activities; fluctuations in foreign
exchange rates; as well as other risks and uncertainties which are more fully described in our annual
and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian
securities regulatory authorities and available at
www.sedarplus.ca
. Accordingly, all such factors
should be considered carefully when making decisions with respect to Defiance, and prospective
investors should not place undue reliance on forward looking information. Forward-looking information
in this news release is made as at the date hereof. The Company assumes no obligation to update or
revise forward-looking information to reflect changes in assumptions, changes in circumstances or
any other events affecting such forward-looking information, except as required by applicable law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/226236