On June 10, 2021, Defiance Silver Corp. closed the transaction. The transaction included participation from 10 investors. The company will issue securities pursuant to exemption provided under Regulation D. TSX Venture Exchange has accepted for filing documentation with respect to a the transaction. The transaction included participation from 78 placees including Ronald E. Sowerby for 91,222 shares and from aggregate pro group involvement for 89,777 shares.