IMPACT Silver (TSE:IPT) has released an update.
IMPACT Silver Corp. has expanded its non-brokered private placement financing from $8.2 million to $10.2 million, driven by heightened investor interest. The company completed the first tranche, securing $7.12 million, and plans to close the final tranche by the week of May 27, 2024. Each unit sold offers a common share and a full share purchase warrant, with additional securities being offered without a hold period under certain exemptions.
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