IMPACT Silver Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13.0 Million

Executive Summary

• IMPACT Silver Corp. upsized its previously announced bought‑deal private placement from ~C$8 M to ~C$13 M in gross proceeds.
• The offering consists of 36,111,112 units at C$0.36 per unit, each unit containing one common share and one warrant (exercise price C$0.45, exercisable for 24 months).
• An over‑allotment option allows the underwriters to purchase up to an additional 8,333,334 units for up to ~C$3 M, potentially raising total gross proceeds to ~C$16 M.

Key Details

• Units Offered: 36,111,112 units @ C$0.36 per unit → gross proceeds ≈ C$13,000,000.
• Unit Composition: 1 common share + 1 common share purchase warrant.
• Warrant Terms: Exercise price C$0.45; exercisable any time up to 24 months after the Closing Date.
• Over‑Allotment Option: Up to 8,333,334 additional units @ C$0.36 per unit → additional gross proceeds up to ≈ C$3,000,000.
• Underwriters/Co‑Lead Bookrunners: Red Cloud Securities Inc. and Research Capital Corporation.
• Closing Date: Expected on or about September 17 2025 (subject to change).
• Use of Proceeds:
• Advance underground development & infrastructure at the high‑grade Guadalupe mine; increase throughput & flexibility at the 100% owned Guadalupe Production Centre (Royal Mines of Zacualpan) in Mexico.
• Expand mining operations, processing capacity, and accelerate resource‑definition drilling at the 100% owned Plomosas zinc‑silver‑lead mine (Chihuahua, Mexico) to extend mine life.
• General working capital and corporate purposes.
• Regulatory Notes: Units offered under the listed issuer financing exemption for Canadian investors (excluding Québec); offshore/U.S. sales subject to applicable exemptions. Hold period of four months + 1 day for securities not covered by the exemption.
• Legal Disclaimer: Securities not registered in the U.S.; offering not an offer or solicitation where prohibited.

Notable Quotes

“The strong investor demand underscores confidence in our growth strategy and provides us with the capital needed to advance key projects at Guadalupe and Plomosas,” – Frederick W. Davidson, President & CEO.