IMPACT Silver Announces Private Placement
IMPACT Silver Corp. is pleased to announce a brokered private placement of a minimum of $3,000,000 worth of units, 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 entitles the holder to purchase one common share per Warrant at a price of $0.90 per Share for a period of 36 months from the date of issuance.
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.