shareholder dilution

IMPACT Silver (TSXV: IPT) raised C$3.93 million via a dual-tranche private placement, combining C$1.66 million from a LIFE offering (C$0.20/unit) and C$2.27 million from standard units (C$0.18/unit), with tiered warrants exercisable at C$0.24–0.26. Proceeds will accelerate exploration at Mexico’s Plomosas zinc-lead-silver project and revive the Zacualpan silver district, alongside operational upgrades. The financing introduces 15% dilution (20.9M shares), potentially reaching 31.7% if warrants fully convert. While immediate liquidity from LIFE shares benefits investors, challenges include declining Zacualpan silver grades and discontinuous mineralization at Plomosas requiring new discoveries to offset risks.