IMPACT Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$8.0 Million

Executive Summary

• IMPACT Silver Corp. entered into an underwriting agreement with Red Cloud Securities Inc. and Research Capital Corporation to sell 22,222,222 units at C$0.36 per unit, targeting gross proceeds of ~C$8 million.
• Each unit consists of one common share and one warrant (exercise price C$0.45, exercisable up to 24 months after closing).
• An over‑allotment option allows purchase of an additional 5,555,556 units for up to ~C$2 million, potentially raising total gross proceeds to ~C$10 million.

Key Details

• Units Offered: 22,222,222 (plus up to 5,555,556 under over‑allotment).
• Offering Price: C$0.36 per unit.
• Gross Proceeds: Approximately C$8 million; up to C$10 million if over‑allotment exercised.
• Unit Composition: 1 common share + 1 common share purchase warrant.
• Warrant Terms: Exercise price C$0.45 per share; exercisable any time up to 24 months after the Closing Date.
• Over‑Allotment Option: Up to 48 hours before closing, underwriters may purchase additional units at the same price for up to C$2 million.
• Use of Proceeds:
• Advance underground development and infrastructure at the Guadalupe mine; increase processing plant throughput at Guadalupe Production Centre (Royal Mines of Zacualpan).
• Expand mining operations, processing capacity, and accelerate resource‑definition drilling at Plomosas zinc‑silver‑lead mine in Chihuahua.
• General working capital and corporate purposes.
• Closing Date: Expected September 17 2025 (subject to change).
• Regulatory Notes: Units offered under the Listed Issuer Financing Exemption (except Québec); U.S. investors only via applicable exemptions; hold period of four months + one day for securities not covered by the exemption.
• Underwriters: Red Cloud Securities Inc. and Research Capital Corporation (co‑lead underwriters and joint bookrunners).

Notable Quotes

• “The net proceeds from this offering will enable us to accelerate development at Guadalupe, expand capacity at Plomosas, and strengthen our balance sheet for continued growth,” – Frederick W. Davidson, President & CEO.