Financings

Impact Silver closes $16-million private placement

By The Northwire Desk — AI Analysis Sep 17, 2025 · 18:49 IPT · 0.28 IMPACT Silver Corp.

IPT · Price

Impact Silver Corp. closed a bought‑deal private placement raising gross proceeds of $16,000,000.56.
The offering sold 44,444,446 units at C$0.36 per unit, each unit consisting of one common share and one common share purchase warrant.
Net proceeds will be used to advance underground development at the Guadalupe mine, expand processing capacity at both Guadalupe and Plomosas operations, accelerate resource‑definition drilling, and for general working capital.

Units sold: 44,444,446 units (each = 1 common share + 1 warrant).
Price per unit: C$0.36 (≈ US$0.36).
Gross proceeds: $16,000,000.56, including full exercise of the underwriters’ overallotment option.
Underwriters / Bookrunners: Red Cloud Securities Inc. and Research Capital Corp. (co‑lead underwriters).
Warrant terms: Each warrant allows purchase of one common share at C$0.45 any time on or before 17 Sep 2027.
Use of proceeds:
Advance underground development & infrastructure at the high‑grade Guadalupe mine; increase throughput and flexibility at the 100% owned Guadalupe processing centre (Royal Mines of Zacualpan) in Mexico and Guerrero.
Expand mining operations, processing capacity, and accelerate resource‑definition drilling to extend life of the 100% owned Plomosas zinc‑silver‑lead mine in Chihuahua.
General working capital and corporate purposes.
Underwriter compensation: Cash fees of $1,040,000.04 plus 2,888,888 non‑transferable common share purchase warrants (exercisable at the offering price before 17 Sep 2027). Broker warrants subject to a statutory hold period until 18 Jan 2026.
Regulatory notes: Units issued to Canadian investors under NI 45‑106 listed issuer financing exemption; also offered offshore and in the U.S. under applicable securities exemptions. Units are freely tradeable for Canadian purchasers upon issuance. Closing remains subject to final TSX Venture Exchange approval.

(No direct quotes were provided in the release.)

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