Mr. Chris Wright reports

DEFIANCE PROVIDES ANNUAL AND SPECIAL MEETING UPDATE

Defiance Silver Corp. has provided further details regarding its upcoming annual and special meeting of shareholders. As previously announced, the meeting of the company will be held by means of remote communication rather than in person, on Thursday, Dec. 8, 2022, at 10 a.m. PT. Registered shareholders and duly appointed proxyholders can attend the meeting using the following information:

Meeting ID:  915-8821-7379

Due to a technical issue outside of the company's control, Defiance will not be in a position to send out individual confirmation e-mails (with a copy of the Zoom link) to every registered shareholder and duly appointed proxyholder who registered prior to the meeting using the link provided in the notice of meeting dated Nov. 3, 2022. To ensure a smooth process, the company is asking registered shareholders and duly appointed proxyholders to log in by 9:45 a.m. PT on Dec. 8, 2022.

Shares for debt

Defiance also reports that it intends to settle $31,954 of debt through the issuance of up to 168,179 common shares of the company. The arrangement is subject to approval of the TSX Venture Exchange.

About Defiance Silver Corp.

Defiance Silver is an exploration company advancing the district-scale San Acacio deposit, located in the historic Zacatecas silver district, and the Tepal gold/copper project in Michoacan state, Mexico. Defiance is managed by a team of proven mine developers with a record of exploring, advancing and developing several operating mines and advanced resource projects. Defiance's corporate mandate is to expand the San Acacio and Tepal projects to become premier Mexican silver and gold deposits.

We seek Safe Harbor.