IMPACT Silver Announces Upsize to Previously Announced Brokered Financing to C$7.0 Million


Vancouver, British Columbia–(Newsfile Corp. – August 5, 2020) – IMPACT Silver Corp. (TSXV: IPT) (FSE: IKL) (“IMPACT” or the “Company”) is pleased to announce that, due to strong investor demand, it has agreed with Red Cloud Securities Inc., as lead agent and sole bookrunner (the “Lead Agent”), on behalf of a syndicate, including Canaccord Genuity Corp. and Mackie Research Capital Corporation (together with the Lead Agent, the “Agents”), in connection with the previously announced best efforts,
private placement of units of the Company (the “Units”) at a price of C$0.95 per Unit (the “Offering Price”), to increase the size of the offering for gross proceeds of up to C$7,030,000 (the “Offering”).

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