DEF Defiance Silver Corp

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Defiance Silver Corp. (the "Company") (TSX VENTURE:DEF), announces that it has
closed the first tranche of its private placement announced on July 11, 2013,
and has issued an aggregate 2,150,000 Units at $0.10 per Unit for gross proceeds
of $215,000. Each Unit is comprised of one common share and one-half of one
transferable share purchase warrant ("Warrant"), each whole Warrant entitling
the holders to acquire one additional common share for a period of 24 months at
an exercise price of $0.15 per share if exercised during the first year and
thereafter at a price of $0.20 per share.


All of the securities issued under the private placement, including the Warrants
and all of the common shares issuable upon exercise of the Warrants, are subject
to statutory and TSX Venture Exchange imposed resale restrictions expiring on
November 19, 2013.


Management and insiders which included IMPACT Silver Corp, subscribed for
$100,500 of the private placement.


"I am very pleased to have the continued support of IMPACT Silver for Defiance's
work program to explore and develop the San Acacio Mine and Santa Gabriela Mill
complex in Zacatecas Mexico," states Bruce Winfield, President and CEO of
Defiance Silver Corp.


About Defiance Silver Corp.: 

Defiance is a near term silver producer engaged in the acquisition, exploration,
and development of advanced silver projects in the Zacatecas Silver District,
Mexico. The Company's efforts are focused on: 1) the exercising of an option to
purchase the San Acacio Mine, 2) the purchase and refurbishment of the 200 tpd
Santa Gabriela Mill, and 3) the definition of feed for the Santa Gabriela Mill
from surface dumps and from the San Acacio Mine with its 43-101 compliant silver
resource (reference Defiance Silver Corp New release dated October 25, 2012).  


Disclaimer: Although Defiance is working to bring the Santa Gabriela Mill and
the San Acacio Mine back into production, Defiance has not completed a 43-101
compliant Feasibility Study. Hence the project has increased uncertainty and
increased economic and technical risks of failure associated with its
development. 


Mr. Bruce Winfield, P. Geo., President and CEO of the Company is the Qualified
Person for information contained in this press release. Mr. Winfield is a
Qualified Person within the meaning of NI 43-101. 


On behalf of the Directors, 

Bruce Winfield, President and CEO 

For additional information please visit the Company's website at
www.defiancesilver.com.


Neither the 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. 


Forward-Looking Statements. This Defiance News Release may contain certain
"forward-looking" statements and information relating to Defiance that are based
on the beliefs of Defiance management, as well as assumptions made by and
information currently available to Defiance management. Such statements reflect
the current risks, uncertainties and assumptions related to certain factors
including but not limited to, exploration and development risks, expenditure and
financing requirements, title matters, operating hazards, metal prices,
political and economic factors, competitive factors, general economic
conditions, relationships with vendors and strategic partners, governmental
regulation and supervision, seasonality, technological change, industry
practices, and one-time events. Should any one or more risks or uncertainties
materialize or change, or should any underlying assumptions prove incorrect,
actual results and forward-looking statements may vary materially from those
described herein. Specifically, there is no assurance Defiance will be able to
raise the minimum or maximum private placement on the terms and conditions
referred to above. Defiance does not assume the obligation to update any
forward-looking statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Defiance Silver Corp.
1500 - 409 Granville Street
Vancouver, BC V6C 1T2
778-729-0333
www.defiancesilver.com

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