http://www.impactsilver.com/s/NewsReleases.asp?ReportID=791981&_Type=News-Releases&_Title=IMPACT-Silver-divests-non-active-Zacatecas-assets
| IMPACT Silver Corp. (“IMPACT” or the “Company) announces that it has sold its Zacatecas assets to Endeavour Silver Corp. (“Endeavour”; TSX: EDR, NYSE: EXK) for 154,321 common shares of Endeavour with a deemed value of US$500,000. The Zacatecas assets consist of 10 mineral concessions covering 152 hectares, 14 hectares of surface rights, the old inactive Santa Gabriela 200 tonne per day processing plant and tailings facilities. IMPACT has carried out only minimal work in Zacatecas since 2009 and management took this opportunity to monetize these non-active assets and allow management to better focus its time on its silver production assets at the Royal Mines of Zacualpan and new ventures. |
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