Core Viewpoint - Defiance Silver Corp. has announced an increase in its private placement offering due to strong investor demand, raising the total gross proceeds from C$8 million to C$14.5 million [1][4]. Group 1: Offering Details - The upsized Marketed Offering will consist of the sale of up to 52 million units at a price of C$0.25 per unit, aiming for gross proceeds of up to C$13 million [1][2]. - Each unit will include one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at C$0.35 within 24 months of the closing date [2]. - The Company has granted the sole agent, Red Cloud Securities Inc., an option to sell an additional 8 million units for up to C$2 million in gross proceeds [3]. Group 2: Use of Proceeds - The net proceeds from the Brokered Offering will be allocated for exploration work on the Company's projects, completing a mineral resource estimate at the San Acacio project, making cash option payments on the Tepal project, and providing general working capital [4]. - The net proceeds from the Non-Brokered Offering will primarily be used for general working capital [4]. Group 3: Regulatory and Compliance - The offerings will be conducted under the listed issuer financing exemption, allowing for immediate trading of the common shares and warrant shares in Canada [5]. - The Brokered Offering is scheduled to close on June 17, 2025, subject to regulatory approvals, including from the TSX Venture Exchange [9]. Group 4: Company Overview - Defiance Silver Corp. is focused on advancing the Zacatecas project and the Tepal Gold/Copper Project in Mexico, managed by a team experienced in developing mining projects [11].