impact extends closing of private placement

VANCOUVER, Dec. 20, 2018 /CNW/ – IMPACT Silver Corp. (“IMPACT” or the “Company”)announces that further to its press release dated November 6, 2018, the Company has obtained anextension from the TSX Venture Exchange (“TSXV”) of the deadline to complete the previouslyannounced non-brokered private placement of up to 5,555,555 units (each a “Unit”) at a price of$0.27 per Unit for gross proceeds of approximately $1.5 million (the “Private Placement”) to January18, 2019. Each Unit consists of one common share (a “Share”) and one warrant (a “Warrant”).