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IMPACT Silver (OTCQB: ISVLF) has secured shareholder approval for its newly established omnibus equity incentive plan during a meeting on August 1, 2025. The updated “rolling up to 10%” security-based compensation plan will supersede the company’s preceding 10% fixed stock option plan, initially implemented in December 2020.
The Omnibus Plan facilitates the issuance of common shares upon exercising equity awards, capped at 10% of the outstanding shares at the time of the award grant. The plan is contingent on final acceptance by the TSX Venture Exchange and requires subsequent shareholder re-approval on an annual basis, beginning with the next annual meeting.
09/09/2025 – 07:39 PM
Vancouver, British Columbia–(Newsfile Corp. – September 9, 2025) – IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) (“IMPACT” or the “Company”) announced that during the Company’s shareholder meeting on August 1, 2025, a new form of omnibus equity incentive plan (the “Omnibus Plan”) received shareholder approval to replace its 10% fixed stock option plan (the “Option Plan”) originally adopted on December 21, 2020. Details pertaining to the Omnibus Plan and the Company’s previous Option Plan are outlined in the information circular dated June 25, 2025, which was disseminated to shareholders ahead of the annual general meeting.
The Omnibus Plan operates as a “rolling up to 10%” security-based compensation plan, delineated in Policy 4.4 – *Security Based Compensation* of the TSX Venture Exchange (the “TSXV”). This framework stipulates that the number of common shares in the capital of the Company (the “Shares”) available for issuance upon the exercise of equity awards granted under the Omnibus Plan (collectively, the “Awards”) shall not exceed 10% of the issued and outstanding shares of the Company as of the date of any Award grant. This is subject to adjustments as outlined in the Omnibus Plan.
The plan remains contingent on the final approval of the TSX Venture Exchange. Furthermore, it is structured to require annual re-approval by shareholders, commencing at the Company’s next annual meeting, in accordance with the policies of the TSX Venture Exchange. This mechanism ensures continued alignment with shareholder interests and adherence to regulatory standards, providing transparency and accountability in executive compensation.
**IMPACT Silver: Mining Operations and Expansion Strategies**
IMPACT Silver Corp. (TSXV: IPT) is a producer-explorer with two principal mining projects in Mexico.
**Royal Mines of Zacualpan Silver-Gold District:** IMPACT Silver commands 100% ownership of the 211 km2 Zacualpan project in central Mexico. This district hosts four active underground silver mines and one open pit mine, all contributing ore to the central 500 tpd Guadalupe processing plant. In the southern region, the Capire Project features a 200 tpd processing pilot plant adjacent to an open pit silver mine. This mine boasts an NI 43-101 inferred mineral resource exceeding 4.5 million ounces of silver, 48 million lbs of zinc, and 21 million lbs of lead (as detailed in IMPACT’s news release dated January 18, 2016). Company engineers are actively evaluating the Capire project for a potential restart of operations capitalizing on improving commodity prices. Over the past 19 years, IMPACT has successfully developed multiple exploration zones into commercial production, yielding over 13.5 million ounces of silver and generating revenues surpassing $298 million, all without incurring any long-term debt. This showcases IMPACT’s operational efficiency and ability to capitalize on mineral resources.
**Plomosas Zinc-Lead-Silver District:** The Plomosas District represents a high-grade zinc producing asset located in northern Mexico, exhibiting significant exploration potential. Mining operations have recently been restarted, with the Company focused on ramping up production. The exploration potential along the 6 km-long structure at Plomosas is substantial. Along with other targeted areas on the 3,019-hectare property, it also includes untested copper-gold prospects indicating high-grade material at surface. Geologically, the Plomosas District is situated along the same mineral belt that hosts some of the world’s largest carbonate replacement deposits. The potential for further resource expansion underscores the strategic importance of this district.
This strategic shift towards a rolling equity incentive plan reflects IMPACT Silver’s commitment to aligning executive compensation with shareholder value. By tying equity awards to the company’s outstanding shares, the plan incentivizes management to focus on sustainable growth and profitability. Experts note that such rolling plans are increasingly favored by companies seeking to attract and retain top talent while minimizing shareholder dilution. The annual shareholder re-approval mechanism further enhances transparency and accountability, ensuring that the plan remains aligned with shareholder interests over time.
Further information regarding IMPACT and its operations can be found on the Company website. Follow the company on X (formerly Twitter) and LinkedIn .
**Qualified Person and NI 43-101 Disclosure:**
George Gorzynski, P.Eng., a Director and VP Exploration of IMPACT Silver Corp., is a “Qualified Person” within the meaning of NI 43-101 and has approved the technical information contained in this news release.
On behalf of IMPACT Silver Corp.
*”Frederick W. Davidson”*
President & CEO
*Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.*
**Forward-Looking and Cautionary Statements**
This IMPACT News Release may contain certain “forward-looking” statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “planned”, “expect”, “project”, “predict”, “potential”, “targeting”, “intends”, “believe”, “potential”, and similar expressions, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “should”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company’s projects or plans for financing.
Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law.
The Company’s decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company’s geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
303-543 Granville Street
Vancouver, BC, Canada V6C 1X8
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FAQ
What changes did IMPACT Silver (ISVLF) make to its equity incentive plan in 2025?
IMPACT Silver replaced its fixed 10% stock option plan with a new rolling 10% omnibus equity incentive plan, allowing for equity awards up to 10% of outstanding shares at the time of grant.
When did IMPACT Silver shareholders approve the new Omnibus Plan?
Shareholders approved the new Omnibus Plan at the Company’s meeting held on August 1, 2025.
What are the key features of IMPACT Silver’s new Omnibus Plan?
The Omnibus Plan is a rolling 10% security-based compensation plan where equity awards cannot exceed 10% of issued and outstanding shares at the time of any award grant.
What approvals are still needed for IMPACT Silver’s new equity incentive plan?
The plan requires final acceptance from the TSX Venture Exchange and must be re-approved by shareholders annually at future meetings.
