Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (3857)	2/14/2014 6:48:45 PM
From: Goose94	Respond to of 202401

DEF-V almost everything getting attention.

To: Goose94 who wrote (3857)	3/28/2014 8:32:01 AM
From: Goose94	Read Replies (1) \| Respond to of 202401

Defiance Silver (DEF-V) March 27, '14 has closed the third and final tranche of the private placement consisting of 20 million units at five cents, with each unit composed of one share and one warrant for proceeds of $1-million. Of the 20 million units in the third tranche, 18 million units will be held in escrow pending final approval of the TSX Venture Exchange. The completion of this placement will result in Windermere Capital Funds SPC's Breakaway Strategic Segregated Portfolio owning 20 million shares and 20 million warrants of the company. This will represent 41.6 per cent of the issued shares of the company on a non-diluted basis and 58.7 per cent on a diluted basis. The company has received completed shareholder consent resolutions representing 59.97 per cent of the company's issued and outstanding shares, approving this new control position. The units are subject to a hold period expiring July 27, 2014. No finder's fees were paid in connection with the closing of this third and final tranche. Breakaway is a mining-centric fund that brings a hands-on approach to its investments. Through its partners in the mining and off-take businesses, Breakaway is able to assess opportunities and selectively invest in small-cap and mid-cap companies. The fund's objective is to achieve long-term capital appreciation and protection from inflation over a full business cycle (four to five years). The fund invests in a portfolio of precious, base and strategic metals assets through a variety of securities and investments.