News: Investments in Canadian Securities – Defiance Silver, DrawDown Detection

Company Name: Defiance Silver Corp.
Head Office: Maple Ridge, British Columbia, Canada
Number of Employees: 1 to 49
Total Assets: Under $5 million

August 12, 2019 – Defiance Silver Corp. sold 14,448,286 units of securities at a price of $0.23 per unit for $3,323,106. Each unit consists of 1 common share and 1 common share purchase warrant.

Each warrant has a conversion ratio of 1:1 with an exercise price of $0.31. Warrants expire August 12, 2022.

The securities were sold to 62 accredited investors and business associates across Canada and the globe.

Defiance Silver Corp. is a district scale resource exploration company advancing the San Acacio Silver Deposit, located in the historic Zacatecas Silver District and the 100% owned Tepal Gold/Copper Project in Michoacán state, Mexico.

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Company Name: DrawDown Detection Inc.
Head Office: North Vancouver, British Columbia, Canada
Number of Employees: 1 to 49
Total Assets: Under $5 million

August 14, 2019 – DrawDown Detection Inc. sold 6,940,000 common shares at a price of $0.25 per share for $1,735,000.

The securities were sold to 93 accredited investors and business associates in Canada and across the globe.

DrawDown Detection Inc. has developed the world’s only handheld gunpowder detection device to detect nearby ammunition and combat gun violence.

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This author writes about mergers & acquisitions and investments in Canadian businesses. For investors in Canada.