IMPACT Silver has successfully closed an oversubscribed non-brokered private placement financing, raising total proceeds of C$5.2 million. The final tranche included C$92,000 from 460,000 LIFE units at $0.20 per unit and C$1,183,320 from 6,574,000 units at $0.18 per unit, totaling $1,275,320. The company will use proceeds to accelerate exploration at its Plomosas zinc-lead-silver property in Chihuahua, Mexico, develop silver assets at Royal Mines of Zacualpan district, and improve operational productivity. The financing includes warrant provisions, with regular units having a three-year exercise period at $0.24 per share and LIFE units having a two-year period at $0.26 per share. The company paid $62,899.20 in finder's fees and issued 347,355 finder's warrants.
IMPACT Silver ha concluso con successo un finanziamento privato non mediato, sovraccarico di sottoscrizioni, raccogliendo un totale di 5,2 milioni di dollari canadesi. La tranche finale comprendeva 92.000 CAD da 460.000 unità LIFE a 0,20 CAD per unità e 1.183.320 CAD da 6.574.000 unità a 0,18 CAD per unità , per un totale di 1.275.320 CAD. La società utilizzerà i fondi per accelerare l'esplorazione della proprietà di zinco-piombo-argento Plomosas a Chihuahua, Messico, sviluppare le risorse d'argento nel distretto Royal Mines di Zacualpan e migliorare la produttività operativa. Il finanziamento prevede clausole di warrant, con le unità ordinarie esercitabili per tre anni a 0,24 CAD per azione e le unità LIFE esercitabili per due anni a 0,26 CAD per azione. La società ha pagato 62.899,20 CAD in commissioni di collocamento e ha emesso 347.355 warrant per i collocatori.
IMPACT Silver hat erfolgreich eine überzeichnete, nicht vermittelte Privatplatzierung abgeschlossen und dabei Gesamterlöse von 5,2 Millionen kanadischen Dollar erzielt. Die letzte Tranche umfasste 92.000 CAD aus 460.000 LIFE-Einheiten zu je 0,20 CAD sowie 1.183.320 CAD aus 6.574.000 Einheiten zu je 0,18 CAD, insgesamt also 1.275.320 CAD. Das Unternehmen wird die Mittel nutzen, um die Exploration auf seinem Zink-Blei-Silber-Gelände Plomosas in Chihuahua, Mexiko, zu beschleunigen, Silbervorkommen im Royal Mines of Zacualpan-Distrikt zu entwickeln und die operative Produktivität zu verbessern. Die Finanzierung beinhaltet Optionsscheine, wobei reguläre Einheiten eine dreijährige Ausübungsfrist zu 0,24 CAD pro Aktie haben und LIFE-Einheiten eine zweijährige Frist zu 0,26 CAD pro Aktie. Das Unternehmen zahlte Vermittlungsgebühren in Höhe von 62.899,20 CAD und gab 347.355 Vermittler-Optionsscheine aus.
Positive
Successful oversubscribed financing raising C$5.2 million indicates strong investor interest
Funds will accelerate exploration at high-grade Plomosas property with 6km structure potential
Investment in operational improvements coincides with silver prices near 52-week highs
No hold period for LIFE Units allows immediate trading flexibility
Negative
Dilution of existing shareholders through new share issuance
Additional warrants could lead to future dilution if exercised
Finder's fees and warrants add to the cost of capital raising
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce that it has closed a final tranche of the non-brokered private placement financing that was initially announced on April 15, 2025 and subsequently increased on April 18, 2025 (the "Offering").
The Company received aggregate proceeds of C$92,000 from the issuance of 460,000 LIFE units (the "LIFE Units") at $0.20 per LIFE Unit. and C$1,183,320 from the issuance of 6,574,000 units (the "Units") of the Company at C$0.18 per Unit for a total of $1,275,320. With the first tranche closing of $3,930,711, this brings the total oversubscribed financing to $5,206,031.
The Units are subject to a hold period of four months and a day from the closing. Each Unit was comprised of one common share and one common share purchase warrant exercisable for three years from the closing date into a common share at a price of $0.24 per common share. The LIFE Units were comprised of one common share and one-half of one common share purchase warrant, with each whole warrant exercisable for two years from the closing date into a common share at a price of $0.26 per common share.
The Company intends to use the proceeds from the Offering to accelerate exploration activity at its Plomosas high-grade zinc-lead-silver property located in Chihuahua, Mexico, further develop its prolific silver assets at its legacy Royal Mines of Zacualpan district, as well as invest in operational improvements to improve productivity and throughput as the price of silver nears 52-week highs. Exploration activities include sampling, target definition, and drilling with the intention of expanding the existing JORC mineral resource at Plomosas where exploration potential is exceptional along a 6 km-long structure.
The issuance of the LIFE Units was made pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the "LIFE Exemption"). The securities sold under the LIFE Exemption are not subject to a hold period in accordance with applicable Canadian securities laws. A copy of the offering document under the LIFE Exemption dated April 15, 2025, is available electronically on SEDAR+ () under the Company's issuer profile. The Offering remains subject to final acceptance by the TSX Venture Exchange.
In connection with this tranche of the Offering, the Company paid an aggregate of $62,899.20 in finder's fees and issued 347,355 finder's warrants (each, a "Finder's Warrant") to certain finders. Each Finder's Warrant is exercisable for three years from the closing date into a common share at a price of $0.24 per common share.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details and QP statement); Company engineers are reviewing Capire for a potential restart of operations. Over the past 18 years, IMPACT has placed multiple zones into commercial production and produced over 13 million ounces of silver, generating revenues over $284 million.
Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently re-commenced operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along a 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material from surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world.
Qualified Person and NI 43-101 Disclosure
George Gorzynski, P.Eng., is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release.
On behalf of IMPACT Silver Corp. "Frederick W. Davidson" President & CEO
For more information, please contact: Jerry Huang CFO | Investor Relations (604) 664-7707 or [email protected] (778) 887 6489 Direct
Neither 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 release.
Forward-Looking and Cautionary Statements
This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. All statements, other than statements of historical facts, included herein, including, without limitation, statements relating to future silver prices, interpretation of drill results, future work plans, proceeds received and use of funds, the potential of the Company's projects, and potential and plans for the Plomosas project, are forward looking statements. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements with respect to the expected use of proceeds of the Private Placement.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement, except as required by law.
The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101 compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit
FAQ
What is the total amount raised in IMPACT Silver's (ISVLF) private placement financing?
IMPACT Silver raised a total of C$5,206,031 through an oversubscribed non-brokered private placement financing, with the final tranche contributing C$1,275,320.
How will IMPACT Silver (ISVLF) use the proceeds from the financing?
The proceeds will be used to accelerate exploration at the Plomosas zinc-lead-silver property in Mexico, develop silver assets at Royal Mines of Zacualpan district, and invest in operational improvements for better productivity and throughput.
What are the terms of the warrants issued in IMPACT Silver's private placement?
Regular units include warrants exercisable for three years at $0.24 per share, while LIFE units include half-warrants exercisable for two years at $0.26 per share.
How many finder's warrants did IMPACT Silver (ISVLF) issue and at what price?
IMPACT Silver issued 347,355 finder's warrants, exercisable for three years from the closing date at $0.24 per common share, along with paying $62,899.20 in finder's fees.
What is the hold period for the units issued in IMPACT Silver's private placement?
Regular Units have a hold period of four months and one day from closing, while LIFE Units have no hold period under Canadian securities laws.
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.