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Impact Silver Receives $5 Million From Exercise Of Warrants
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IMPACT Silver Corp. ("IMPACT") is pleased to announce that a total of
4,509,272 share purchase warrants expiring on October 6, 2007 have been
exercised for cash proceeds of approximately $5.8 Million to the
Company. This has increased IMPACT's total cash and term deposits in
excess of $9.5 Million. All of the cash and cash equivalents are held
in bank secured investments. IMPACT holds no commercial paper. IMPACT's
currently has 47,258,710 issued and outstanding shares.
The funds will be employed toward the continued expansion of
production, the ongoing drilling program as well as potential
acquisitions.
IMPACT Silver Corp. is a silver focused mining and exploration company
with a producing silver operation at Zacualpan, Mexico, an advanced
project with a producing mill at Zacatecas, Mexico, and other projects
in the Dominican Republic. Energold Drilling Corp. (EGD: TSX.V) owns
6.6 million shares of IMPACT.
On behalf of the Directors of IMPACT Silver Corp.,
"Frederick W. Davidson"
President, CEO
For further information, please contact:
Darrell Rader, Corporate Development
Telephone: 604-681-9501
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
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Copyright (c) 2007 IMPACT SILVER CORP. (IPT) All rights reserved. For
more information visit our website at http://www.impactsilver.com/ or
send mailto:inquiries@impactsilver.com
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : IPT.V |
ISIN : CA45257A1021 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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 10.7 millions as of today (US$ 7.9 millions, € 7.1 millions). Its stock quote reached its highest recent level on March 07, 1997 at 4.25, and its lowest recent point on January 25, 2002 at 0.01. Impact Silver has 47 442 200 shares outstanding. |