On December 22, 2023, IMPACT Silver Corp. closed the transaction. The company paid finder's fees of CAD 58,000 and 341,298 finder's warrants to certain finder's. Each Finder's Warrant entitles the holder thereof to purchase one common share of the Company at a price of CD 0.22 per share for a period of 24 months from its date of issue.

The company has raised $524,441 (CAD 694,690) from 16 investors pursuant to an exemption provided under regulation D.