{"id":1092254,"date":"2019-01-02T16:37:32","date_gmt":"2019-01-02T16:37:32","guid":{"rendered":"https:\/\/juniorminingnews.com\/?p=1092254"},"modified":"2019-01-02T16:37:32","modified_gmt":"2019-01-02T16:37:32","slug":"defiance-silver-and-valoro-resources-stocks-soar-on-merger-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1092254","title":{"rendered":"Defiance Silver and ValOro Resources stocks soar on merger"},"content":{"rendered":"

Comments from Dudley Pierce Baker,<\/p>\n

I would expect to see many more consolidations of the
\nsmall exploration companies in 2019. I look forward to visiting
\nwith Defiance Silver at the Mexico Mining Conference<\/a> (April 2 – 4)
\nin Mazatlan, Mexico<\/p>\n

From our friends at Mining.com<\/p>\n

\"\"<\/p>\n

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Vancouver-based juniors Defiance Silver Corp. (TSXV: DEF) and ValOro Resources Inc. (TSXV: VRO) stocks soared today, following yesterday\u2019s friendly merger announcement.<\/p>\n

The merger will be completed effective 11:59 pm on Monday, Dec. 31, 2018 and will create an advanced portfolio of Mexico-based silver and gold projects, the companies said in a joint release.<\/p>\n

The combined company will continue under the name Defiance Silver Corp. and trading symbol DEF. It will have 120m common shares outstanding, of which shareholders of Defiance will own 86.07% and the former shareholders of ValOro will own approximately 13.92%.<\/p>\n

“We are pleased to complete the merger with ValOro and look forward with a shared common vision to unlock further exploration potential at the San Acacio silver project and Tepal gold project,\u201d Defiance President and CEO Peter Hawley said in the media statement. \u00a0The ValOro Shares are expected to be de-listed from the TSX Venture Exchange after the close of trading on Dec. 31, 2018.<\/p>\n

At market close on Friday, Defiance Silver\u2019s stock had jumped 25% and ValOro Resources\u2019 stock was up 33%.<\/p>\n<\/div>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Comments from Dudley Pierce Baker, I would expect to see many more consolidations of the small exploration companies in 2019. I look forward to visiting with Defiance Silver at the Mexico Mining Conference (April 2 – 4) in Mazatlan, Mexico From our friends at Mining.com Vancouver-based juniors Defiance Silver Corp. (TSXV: DEF) and ValOro Resources […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[867,865,48,76,866,77,194,102,338,115],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1092254"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1092254"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1092254\/revisions"}],"predecessor-version":[{"id":1092262,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1092254\/revisions\/1092262"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1092254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1092254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1092254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}