IMPACT Silver raises C$8 million through private placement offering

IMPACT Silver Corp. (TSXV: IPT) announced it has entered into an agreement for a private placement offering to raise gross proceeds of approximately C$8 million. The company will issue 22,222,222 units at C$0.36 per unit through underwriters Red Cloud Securities Inc. and Research Capital Corporation.

Each unit consists of one common share and one warrant. The warrants allow holders to purchase additional common shares at C$0.45 each within 24 months of the closing date. The underwriters have an option to purchase up to 5,555,556 additional units for extra gross proceeds of up to C$2 million.

The company plans to use the net proceeds to advance underground development at its Guadalupe mine in Mexico and Guerrero states, expand operations at its Plomosas zinc-silver-lead mine in Chihuahua state, and for general working capital purposes.

The offering will be conducted under Canada's listed issuer financing exemption in all Canadian provinces except Quebec. Units may also be sold in offshore jurisdictions and the United States through private placement exemptions. Securities issued under the Canadian exemption are expected to be immediately tradeable, while others will be subject to a four-month hold period.

The offering is scheduled to close on September 17, 2025, subject to regulatory approvals including TSX Venture Exchange approval. An offering document will be available on the company's SEDAR+ profile and website before investments are solicited.

IMPACT Silver operates two mining projects in Mexico, including the Royal Mines of Zacualpan Silver-Gold District and the Plomosas Zinc-Lead-Silver District. The company has produced over 13.5 million ounces of silver over the past 19 years, generating more than $298 million in revenue.

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