IMPACT SILVER CORP. ("IPT")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: June 30, 2016
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced May 20, 2016:
Number of Shares: 8,771,930 shares
Purchase Price: $0.57 per share
Warrants: 4,385,965 share purchase warrants to purchase 4,385,965 shares
Warrant Exercise Price: $0.90 for a three year period
Number of Placees: 36 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Resolute Performance Fund (Thomas Stanley) Y 6,000,000
Aggregate Pro Group Involvement P 22,750
[2 Placees]
Agent's Fee: $176,147.29 payable to M Partners Inc.
$40,800.67 payable to Clarus Securities Inc.
$30,330.30 payable to Industrial Alliance Securities Inc.
$213.75 payable to Canaccord Genuity Corp.
The Company issued news releases on May 27, 2016, June 3, 2016, June 10, 2016 and June 17, 2016 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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