IMPACT Silver Corp. (“IMPACT” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of strategic investors (the “Investors”), led by Palisades Goldcorp Ltd., pursuant to which the Investors have agreed to purchase, on a binding deal basis, 6,666,667 units (the “Units”) of the Company at the price of $0.30 per Unit. The Units are being offered on a non-brokered private placement (the “Private Placement”) basis.Each Unit will include one common share in the capital of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable into one Share at an exercise price of $0.385 for 3 years from the date such Warrant is issued.