Impact Silver Corp

Published : May 20th, 2016

IMPACT Silver Announces Private Placement

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Keywords :   Canada | G Mexico | K Street | Mexico | Silver |

IMPACT Silver Announces Private Placement

IMPACT Silver Corp. ('IMPACT' or the 'Corporation') is pleased to announce a brokered private placement (the 'Private Placement') of a minimum of $3,000,000 worth of units (each a 'Unit'), at a price of $0.57 per Unit (a minimum of 5,263,158 units). Each Unit consists of one common share and one-half of one warrant. Each whole warrant (each a 'Warrant') entitles the holder to purchase one common share (each a 'Share') per Warrant at a price of $0.90 per Share for a period of 36 months from the date of issuance.

The Corporation is pleased to announce that it has appointed a syndicate of agents led by M Partners Inc. ('M Partners') and including Clarus Securities Inc. to sell the Units by way of Private Placement. As per the terms of the appointment of the syndicate of agents, the Corporation will pay a commission of 7% on the value of Units issued on the Private Placement and issue to the agents Warrants equal to 7% of the number of Units issued on the Private Placement.

The net proceeds of the Offering will be used to fund the Corporation's continued exploration and development of its silver assets in Mexico, and for general working capital purposes.

This proposed Private Placement is subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange, as well as the negotiation and execution of definitive documentation.

The Securities to be issued under the Private Placement will be offered pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Closing of the Private Placement is anticipated to occur in one or more tranches with the first tranche expected to close on or about May 27, 2016 or such other date as may be agreed to by the Corporation and M Partners (the 'Closing Date'). The securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months plus one day from the Closing Date in accordance with applicable securities legislation.

On behalf of the Directors of IMPACT Silver Corp.,

'Frederick W. Davidson'
President & CEO

For more information, please contact:
Jerry Huang
Investor Relations
(604) 681 0172 or [email protected]

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. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited 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.
1100-543 Granville Street Telephone 604 681-0172
Vancouver, BC, Canada V6C 1X8 Facsimile 604 681-6813
Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Impact Silver Corp

PRODUCER
CODE : IPT.V
ISIN : CA45257A1021
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Impact Silver is a silver producing company based in Canada.

Impact Silver produces silver, lead and zinc in Mexico, develops copper, gold, lead, silver and zinc in Mexico, and holds various exploration projects in Mexico.

Its main asset in production is ZACUALPAN in Mexico, its main asset in development is CAPIRE in Mexico and its main exploration properties are ZACATECAS (VETA GRANDE), MAMATLA AURORA, OSCAR, SAN SABINO ZACATECAS and HUATECOSCO in Mexico.

Impact Silver is listed in Canada and in Germany. Its market capitalisation is CA$ 45.4 millions as of today (US$ 36.3 millions, € 31.8 millions).

Its stock quote reached its highest recent level on March 07, 1997 at CA$ 4.25, and its lowest recent point on January 25, 2002 at CA$ 0.01.

Impact Silver has 85 570 000 shares outstanding.

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Corporate Presentations of Impact Silver Corp
5/3/2010letter Writer Sean Broderick Talks About Mexico Silver
In the News and Medias of Impact Silver Corp
4/16/2009IMPACT Silver Corp…
Annual reports of Impact Silver Corp
2007 Annual Report
Financings of Impact Silver Corp
6/15/2011Announces Exercise of Accelerated Warrants Complete
5/4/2011Announces Amended Expiry Date of Accelerated Warrants
10/22/2007 Receives $5 Million From Exercise Of Warrants
Option Grants of Impact Silver Corp
5/30/2013Extends Stock Option Exercise Period
6/7/20101.200.000 stock options granted at $ 1.10
1/7/20092.250.000 options granted at $0.55
9/23/20082.200.000 Stock Options Granted at $0.80
2/29/200835,000 stock options granted to Shareholder Relations Consul...
10/24/2007Grant of 75,000 options to Additional Director And Granting ...
9/6/2007Grant of 1.080.000 Stock Options
2/6/2006Grants 35,000 options to Investor Relations Consultant
4/13/2005Warrants Exercised, Stock Options Granted and Investor Relat...
11/12/200450,000 options granted to Hiring of Investor Relations Firm
9/13/2004300,000 options granted to Investor Relations Consultant
5/14/2003announces Stock Option Plan
Nominations of Impact Silver Corp
8/11/2008Appointment of Additional Director
Financials of Impact Silver Corp
4/2/2012Announces Record Revenues, Earnings and Production for the Y...
11/28/2011Announces Record Revenues and Net Earnings for the Nine Mont...
8/30/2011Announces Net Earnings and Record Revenues in Second Quarter...
5/31/2011Announces Record Revenues & Silver Production in First Quart...
4/13/2011Announces Record Net Earnings Up 196% In 2010
11/20/2009Announces Third Quarter Net Earning of $785,000 and Operatin...
11/20/2009Announces Date of Third Quarter Results Webcast
8/22/2008Announces Second Quarter Earnings
5/27/2008Announces Record First Quarter Earnings And Silver Productio...
Project news of Impact Silver Corp
3/14/2013(Capire)Announces Commissioning of the new Capire Production Centre...
1/21/2013A Banner Year for IMPACT Silver Corp.'s Exploration in 2012
7/11/2012(Zacualpan)Intersects 8.47g/t Gold and 1.12% Copper across 2.75m on the...
6/11/2012(Capire)Ranked in the 24th Annual PROFIT 200 Canada's Fastest-Growin...
4/23/2012(Oscar)Intersects 1,875 g/t Silver across 1.00 meters and 115 g/t ...
1/23/2012(Huatecosco)2011 Exploration Review and 2012 Outlook
1/11/2012(Capire)Announces Commencement of Construction at the Capire Open Pi...
10/27/2011(Oscar)Intersects Additional High Grade Silver: 1,007g/t Silver acr...
10/14/2011(Huatecosco)Drills 4.1m of 5.2g/t Gold at New Zone at Huatecosco Gold P...
9/13/2011(Zacualpan)Announces Concentrate Shipment Schedule Update
9/12/2011(Zacatecas (veta Grande))Revises Zacatecas Option to Defiance Silver Corp.
8/25/2011(Zacatecas (veta Grande))Options Zacatecas Assets to Defiance Silver Corp.
8/17/2011(Capire)Expands Capire Deposit, Mexico
7/13/2011(Zacualpan)Resumes Operations at Main Processing Plant
7/9/2011(Zacualpan)Announces Fatality At Guadalupe Mill Site
6/7/2011(Gonlondrinas)Receives Final Drill Results From GCC (Golondrinas, Cuchara,...
6/2/2011(Huatecosco)Intersects 6.96g/t Gold across 4.24m at Huatecosco Gold-Silv...
5/25/2011(Capire)Intersects 304g/t Silver And 4.51g/t Gold Across 5.0 Meters ...
4/13/2011(Zacualpan)Announces Record Net Earnings Up 196% In 2010
3/13/2011(Zacualpan)Announces Arrival Of Second Drill And Expanded Exploration P...
2/1/2011(Capire)Reports Updated Mineral Resources at Capire in Preparation f...
8/19/2010(Zacualpan)Samples 4,800 g/t Silver Over 1.25 Meters and Commences Dril...
8/10/2010(Zacualpan)Acquires Large New Concessions at Zacualpan
7/27/2010(Zacualpan)First Results From 5,000M Drill Program
5/25/2010(Capire)Intersects 2.99m Of 639 G/T Silver, 2.63 G/T Gold, 1.2% Lead...
3/23/2010(Zacatecas (veta Grande))Completes Purchase Of 200-TPD Mill At Zacatecas
3/17/2010(Mamatla Aurora)Intersects 1,139.7 g/t Silver over 1.38 Meters at Aurora 1
12/17/2009(Zacualpan)Intersects 466 G/T Silver Over 3.2 Meters At Santa Lucia
10/6/2009(Zacualpan)Reports Initial Drill Results From Santa Lucia Silver Veins
9/24/2009(Noche Buena) Positive Production Decision At Noche Buena
8/11/2009(Zacualpan)Compiles Over 1,200 Historical Mine Workings And Successfull...
7/21/2009(Noche Buena)Intersects More Wide Zones Of Silver At Noche Buena
6/9/2009(Zacualpan)Expands Silver Mineralization At Noche Buena
5/28/2009(Zacualpan)Announces Two New Silver Discoveries
2/25/2009(Capire)Intersects 1,016 G/T Silver Over 1.8 Meters At Capire
1/26/2009(Zacualpan)intersects 8.55 meters of 204 g/t silver in first drill hole...
1/20/2009(Mamatla Aurora)Intersects 1,164 g/t Silver over 1.5 meters at Aurora 1
12/5/2008Discovers High Grade Gold Zone; Drills 19.6 g/t Gold Across ...
8/12/2008(Zacualpan)Drills 11,463g/t (334 oz/ton) Silver Over 0.6M (2ft) At Chiv...
7/3/2008(San Sabino Zacatecas)Announces Sale Of San Sabino Concession In Zacatecas
6/18/2008(Zacualpan)s Production And Samples 657G/T Silver Over 2.85M At The Chi...
4/29/2008(Zacualpan)Announces New Discovery At The Royal Mines Of Zacualpan
4/24/2008(Zacualpan) Extends Strike Length Of Chivo Mine; Drills 12.3 Meters Of ...
1/29/2008(Zacualpan)Announces Acquisition Of Third Mill
9/19/2007(Zacualpan)Announces New Discovery At The Royal Mines Of Zacualpan
3/29/2007Discovers High-Grade Gold Veins On Mamatla
Corporate news of Impact Silver Corp
7/28/2016IMPACT Silver Announces Stock Option Grant
6/22/2016IMPACT Silver Announces the Retirement of Mr. Richard Younke...
6/17/2016IMPACT Silver Closes the Fourth and Final Tranche of the Pri...
6/10/2016IMPACT Silver Closes the Third Tranche of Private Placement
6/3/2016IMPACT Silver Closes Second Tranche of Private Placement
5/30/2016IMPACT Silver Announces First Quarter 2016 Financial and Pro...
5/27/2016IMPACT Silver Closes First Tranche of Private Placement
5/20/2016IMPACT Silver Announces Private Placement
5/5/2016IMPACT Silver drills more wide sections of high grade silver...
4/19/2016IMPACT Silver Closes $620,000 Private Placement
4/12/2016IMPACT Silver Closes $2,000,000 Private Placement
3/30/2016IMPACT Silver Announces Private Placement to Raise up to $2,...
10/7/2015IMPACT Silver Provides Update on New Capire Mineral Resource...
8/24/2015IMPACT Silver Announces Second Quarter 2015 Financial and Pr...
7/23/2015IMPACT Silver Provides Update on New Capire Mineral Resource...
6/22/2015IMPACT Silver Corp. Announces Retirement of Board Member
4/9/2015IMPACT Silver reports Results for the Year ended Decembers 3...
4/9/2015Reports Results for the Year Ended Decembers 31, 2014
3/31/2015IMPACT Silver reports additional wide & high grade drill int...
3/31/2015IMPACT Silver Reports Additional Wide & High Grade Drill Int...
3/31/2015Reports Additional Wide & High Grade Drill Intercepts at San...
1/22/2015IMPACT Silver Responds to BCSC Clarification Request and Tec...
1/22/2015IMPACT Silver Responds to BCSC Clarification Request and Tec...
11/25/2014IMPACT Silver Announces Third Quarter 2014 Financial and Pro...
11/25/2014IMPACT Silver Announces Third Quarter 2014 Financial and Pro...
8/26/2014IMPACT Silver Announces Second Quarter 2014 Financial and Pr...
5/27/2014IMPACT Silver Announces First Quarter 2014 Financial and Pro...
5/21/2014IMPACT Silver Corp. Intersects New High Grade Silver Vein at...
4/3/2014IMPACT Silver Reports Results for the Year Ended Decembers 3...
2/18/2014(Zacualpan)Drills More High Grade Gold and Silver at the San Juan Proje...
1/7/2014(Zacualpan)Encounters More High Grade Silver and Gold Adjacent to its N...
12/24/2013Resumes Ownership of the Veta Grande Silver Project in Zaca...
12/9/2013(Capire)Drills Aurora II Silver-Enriched VMS Zone in the Capire Dis...
11/25/2013Reports a 33% Increase in Average Silver Grade and a 16% Inc...
10/30/2013Correction: IMPACT Silver Discovers High-Grade Gold and Silv...
8/26/2013. Announces Financial and Production Results for the Second ...
8/14/2013article in The Northern Miner
7/19/2013Releases New Corporate Video
5/24/2013Announces First Quarter 2013 Financial and Production Result...
4/1/2013Announces Financial and Production Results for Fourth Quarte...
3/28/2013to Release 2012 Fourth Quarter and Year End Results
2/20/2013(Oscar)Commences Production at the Cuchara-Oscar Mine
1/28/2013Mirasol Prospect uncovers a cluster of new silver veins; int...
1/24/2013Stock Options Granted
1/15/2013Shareholder Update: Corporate Website Performance Issues
11/13/2012Announces Third Quarter 2012 Financial and Production Result...
8/22/2012Announces Second Quarter 2012 Financial and Production Resul...
9/1/2011Launches New Website and Presents New Mine Tour Video
8/3/2010Commences Drilling on the Chontalpan Project Area, Mexico
5/10/2010added to Silver ETF
1/20/20102009 Mine Development and Exploration Summary
11/17/2009Outlines Over 7 Million Ounces Silver And 94 Million Lbs Zin...
8/28/2009Q2 Results; Silver Production Up 80%, Operating Earnings Up ...
5/26/2009Announces Record Silver Production
12/6/2008Website Redesign Announcement
11/24/2008Announces Record Quarterly Silver Production
11/6/2008Begins Drilling New Silver and Gold-Copper Targets at Royal ...
11/3/2008at International Precious Metals and Commodities Show - Muni...
8/28/2008Acquires New Concessions Increasing Mineral Holdings By 45%
8/6/2008Drills 1,118 G/T Silver Across 1.4 Meters At The Chivo Mine
7/17/2008(video) Corporate Video Presentation
4/15/2008Reports $2.1 Million In Operating Earnings For 2007
2/14/2008Acquires Mamatla District Data
1/11/2008Silver Exploration Summary
12/5/2007Announces New Silver Discoveries At Mamatla
11/23/2007Announces Operating Earnings of $358,000
10/4/2007Announces Zacatecas Sampling Results
9/26/2007Announces New Silver Discoveries at the Royal Mines of Zacua...
9/21/2007Commences Construction Of Third Mine And Increases Productio...
7/13/2007Announces Chivo Drill Results
6/13/2007Announces Drill Results From Yale JV Properties In Zacatecas
5/31/2007Announces Continuing Improvement In Operations
4/20/2007Reports $2.4 Million in Operating Earnings for 2006
4/12/2007Acquisitions In Zacatecas
4/19/1999Energold and IMPACT consolidate properties
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TSX-V (IPT.V)FRANKFURT (IKL.F)
0.530+12.77%0.319+6.33%
TSX-V
CA$ 0.530
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12.77%
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24hGold TrendPower© : 3
Produces Lead - Silver - Zinc
Develops Copper - Gold - Lead - Silver
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