Trading Symbol: "IPT: TSX.V"
VANCOUVER, Feb. 27, 2017 /CNW/ - IMPACT Silver Corp.
("IMPACT" or the "Company") is pleased to announce that it has been
named to the 2017 TSX Venture 50, a ranking of the top performers
on the TSX Venture Exchange over the last year.
Each year, the ranking showcases TSX-V listed companies that
have shown notable results in key measures of market
performance. The companies included in the 2017 TSX Venture 50
were selected based on three equally weighted criteria: market
capitalization growth, share price appreciation and trading
volume.
Frederick Davidson, President,
CEO, and Director of IMPACT, commented, "Last year was a historical
year for IMPACT and all our employees and shareholders who have
seen the company grow from a small restart miner explorer in
Mexico to a silver producer
celebrating a decade of operations at the Guadalupe production
center. I would like to take this opportunity to congratulate and
thank all of our staff and investors for their continued dedication
to IMPACT. In 2016, our stock was one of the leading silver
equities that achieved over 442% returns from an all-time low in
the year. This was attributed in part to the rebound in
silver prices and continued exploration which has been made
possible from a key financing that will enable us to target new
areas. We are excited to celebrate this milestone and hope to
deliver even more shareholder value in 2017 and beyond."
IMPACT Silver Corp. is a silver producer with two processing
plants on two adjacent projects within its 100% owned mineral
concessions covering 357 km2 in central Mexico: the Guadalupe Production Centre and
the Capire Processing Plant. At Guadalupe, three underground
silver mines, including San Ramon,
feed the central 500 tpd processing plant located within the
historic Royal Mines of Zacualpan
Silver District. At Capire, the 200 tpd processing plant
and open pit silver mine are on care and maintenance waiting for a
recovery in silver prices. Additional information about IMPACT and
its operations can be found on the Company website at
www.IMPACTSilver.com.
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. Such statements
reflect the current risks, uncertainties and assumptions related to
certain factors including but not limited to, without limitations,
exploration and development risks, expenditure and financing
requirements, title matters, operating hazards, metal prices,
political and economic factors, competitive factors, general
economic conditions, relationships with vendors and strategic
partners, governmental regulation and supervision, seasonality,
technological change, industry practices, 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.
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 and in the
track record of mineral production and financial returns of the
Company since 2006. Under NI43‑101 the Company is required to
disclose that it has not based its production decisions on
NI43‑101‑compliant mineral resource or reserve estimates,
preliminary economic assessments or feasibility studies, and
historically such projects have increased uncertainty and risk of
failure.
SOURCE IMPACT Silver Corp.