Defiance Silver Corp. (the “Company”), announces that further to its news release dated January 28, 2014, it has closed a first tranche of $100,000 of its previously announced non-brokered private placement (the “Offering”). The Offering consists of up to 24,000,000 units at $0.05 per unit, each unit consisting of one share and one warrant.

The units as issued are subject to a hold period expiring June 6, 2014. No finder’s fees were paid in connection with the first tranche closing.

About Defiance Silver Corp.:

Defiance is engaged in the acquisition and exploration of advanced silver projects in the historic Zacatecas Silver District, Mexico. The Company’s efforts are focused on the potential to expand the current resource at the San Acacio deposit with its past production of 75 to 100 million ounces of silver.

On behalf of the Directors,

“Bruce Winfield”

President and CEO

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

1610 – 409 Granville Street
Vancouver, BC V6C 1T2
www.defiancesilver.com
Tel: 778-729-0333

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 reléase.