IMPACT Silver Closes Second Tranche of Private Placement
June 3, 2016
IMPACT Silver Corp. is pleased to announce that it has completed the second tranche of the brokered private placement announced on May 20, 2016. The second tranche raised a total of $795,264 by the issue of 1,395,200 worth of units at a price of $0.57 per Unit. To date, the Company has raised aggregate proceeds of $3,326,064. 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.
