On March 14, 2024, Defiance Silver Corp closed the transaction. The company issued 15,503,500 units at issue price CAD 0.1 for a gross proceeds of CAD 1,550,350 in its final tranche. In total, the company issued 26,443,500 Units in the course of the Offering for total gross proceeds of CAD 2,644,350.

In total, the company paid an aggregate amount of CAD 29,193 in cash commissions and issued 291,930 Finder Warrants to the arm-length finders in connection with the Offering.