Impact Silver Corp. is pleased to announce that it has closed the brokered financing previously announced on July 30th, and upsized on August 7th, 2020 . Red Cloud Securities Inc. acted as lead agent and sole bookrunner, on behalf of a syndicate, including Canaccord Genuity Corp. and Mackie Research Capital Corporation . The Company received an aggregate proceeds of C$9,546,641 from the issuance of 10,049,096 units of the [...]
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Impact Silver Corp. is pleased to announce that, due to strong investor demand, it has agreed with Red Cloud Securities Inc., as lead agent and sole bookrunner , on behalf of a syndicate, including Canaccord Genuity Corp. and Mackie Research Capital Corporation , in connection with the previously announced best efforts, private placement of units of the Company at a price of C$0.95 per Unit , to increase the size of the [...]
Impact Silver Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner , on its own behalf and, if applicable, on behalf of a syndicate of agents in connection with a best efforts, private placement of units of the Company at a price of C$0.95 per Unit for gross proceeds of up to C$6,004,000 . Each Unit will be comprised of one common share of the [...]
Impact Silver Corp. is pleased to announce that production at its Royal Mines of Zacualpan Silver District in Mexico has restarted per the Mexican government decree. The Company is pleased to report operation has resumed at the Guadalupe production center and mineral feed is being extracted from the three underground mines, San Ramon, Cuchara, and Guadalupe as well as the open pit, Veta Negra. Management developed its [...]
Impact Silver Corp. announces its financial and operating results for the quarter ended March 31, 2020. The Company reported $3.4 million in revenue for the first quarter of 2020 a 15% improvement compared to Q1 2019 at $3.0 million. EBITDA increased by $0.9 million from the comparative period in 2019 and the net loss was $0.09 million compared to a net loss of $0.9 million in Q1 2019. Mine operating earnings before [...]
Impact Silver Corp. is pleased to announce that it has closed the binding deal non-brokered financing, first announced April 13th, 2020 to a syndicate of investors . The Company received aggregate gross proceeds of $2,000,000 from the issuance of 6,666,667 units of the Company at a price of $0.30 per Unit. Each Unit will comprise one common share in the capital of the Company and one common share purchase warrant . Each [...]
Adjusted Mining Earnings $1.3 Million on $13.3 Million Revenue; Complies with Mexican Government COVID-19 Decree Impact Silver Corp. announces its financial and operating results for the year ended December 31, 2019, and temporary suspension of operations until April 30 to comply with a Mexican government decree for the mining industry in response to the COVID-19 pandemic. 2019 Financial and Production Results The Company [...]
Impact Silver Corp. is pleased to announce the results of a surface mapping and sampling program on the Chapanial area in the Royal Mines of Zacualpan District, Mexico. Highlights of reconnaissance sampling included the following results: Sample No Sample Type True Width Gold g/t Silver g/t Lead % Zinc % E408128 Channel 0.80 97.50 97.9 0.25 0.10 E408140 Channel 0.20 18.25 75.4 0.31 0.08 E408143 Channel 0.30 8.98 105 5.43 [...]
And samples 1,595 g/t Silver over 0.80 meters, 13.85g/t Gold over 0.8 meters at nearby Chatinga Vein Impact Silver Corp. is pleased to announce the results of a sampling program in the Veta Negra area located 3.4 km to the northwest of IMPACT's 535 tonne per day Guadalupe processing plant in the Royal Mines of Zacualpan District, Mexico. The Veta Negra vein system was mined in the 1970's and 1980's by a previous operator [...]
Achieves Positive Mine Operating Earnings of $0.4 Million and $0.3 Million EBITDA Impact Silver Corp. is pleased to announce its financial results for the quarter ending September 30, 2019. The Company reported revenues of $3.5 million, an increase of 13% from same period in 2018, with planned lower production offset by improved grades and silver price. Mine operating earnings before amortization and depletion improved [...]
Impact Silver Corp. is pleased to provide an update on operations at its Royal Mines of Zacualpan Silver-Gold Project operations in Mexico where the central Guadalupe processing plant is fed by four separate mines. Native Silver found at Guadalupe Mine Numerous exceptional native silver specimens have recently been recovered by miners in the Guadalupe Mine between levels 15 and 30 in an area on the main Lipton vein named [...]