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Impact Silver Corp V.IPT

Alternate Symbol(s):  ISVLF

Metals & Mining Silver
IMPACT Silver Corp. is a Canada-based company, which is engaged in silver, zinc and mining and related activities including exploration, development, and mineral processing in Mexico. The Company operates through two geographical segments: Mexico, and Canada. The Mexico segment includes the Company’s mining operations and exploration properties. The Canada segment includes head office and group services. The Company operates a series of mines near Zacualpan in the State of Mexico and in Guerrero State as well as in the State of Chihuahua, and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. The Company owns and operates four producing silver mines and two production centers in south-central Mexico. Its current producing mines are the Guadalupe Mine, the Veta Negra Open Pit Mine, the San Ramon Deeps Mine, and the Cuchara Mine. The Veta Negra mine is located four kilometers northwest of the Guadalupe mill.


TSXV:IPT - Post by User

Impact Silver Corp > Dilution
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Comment by Funex4ton Apr 07, 2023 11:44am
141 Views
Post# 35384640

RE:Dilution

RE:Dilution

From 3rd quarter report...Nov 2022

"After investing $3.0 million in exploration expenditures and mining assets during the year to date, the cash position remained strong at $21.5 million with working capital of $22.1 million, up from cash of $17.4 million and working capital of $16.8 million at September 30, 2020".

The price of silver has increased since this report.   Would hope to see improved numbers in next reprt !!


With all that cash on hand not sure why they went after an additional $7 million?....
 

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