IMPACT Silver Closes the Fourth and Final Tranche of the Private Placement

VANCOUVER, June 17, 2016 /CNW/ – IMPACT Silver Corp. (“IMPACT” or the “Corporation”) is pleased to announce that it has completed the brokered private placement (the “Private Placement”) announced on May 20, 2016.  The fourth tranche raised $248,765 by issue of 436,430 Units (each a “Unit”) at a price of $0.57 per Unit. In total, the Private Placement raised aggregate proceeds of $5,000,000 by the issue of 8,771,930 Units at a price of $0.57 per Unit.  Each Unit consists of one common share and one-half of one warrant.  Each whole warrant (each a “Warrant”) entitles the holder to purchase one common share (each a “Share”) per Warrant at a price of $0.90 per Share for a period of 36 months from the date of issuance.

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