Core Viewpoint - IMPACT Silver Corp. has announced an increase in its bought deal private placement from approximately C$8 million to C$13 million due to strong investor demand [1] Group 1: Offering Details - The upsized offering will consist of 36,111,112 units priced at C$0.36 per unit, each unit comprising one common share and one warrant [1][2] - Each warrant allows the holder to purchase one common share at a price of C$0.45 within 24 months after the closing date [2] - An over-allotment option allows underwriters to purchase an additional 8,333,334 units for gross proceeds of up to approximately C$3 million [3] Group 2: Use of Proceeds - The net proceeds from the offering will be used for advancing underground development and infrastructure at the Guadalupe mine, increasing processing plant throughput, expanding mining operations at the Plomosas mine, and general working capital [7] Group 3: Regulatory and Closing Information - The offering is set to close on September 17, 2025, subject to necessary approvals, including from the TSX Venture Exchange [9] - The units will be offered to purchasers in all Canadian provinces except Québec and may also be sold in offshore jurisdictions [5]
IMPACT Silver Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13.0 Million