IMPACT Silver Corp.

IMPACT Silver Corp.

July 17, 2007 15:51 ET

IMPACT Silver Grants 1,200,000 Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2007) - IMPACT Silver Corp. (TSX VENTURE:IPT) has granted incentive options to directors, officers and employees, under its stock option plan, for the purchase of a total of 1,200,000 shares in its capital. The options are exercisable on or before July 17, 2012 at the price of $1.92 per share.

On behalf of the Directors of IMPACT Silver Corp.

Frederick W. Davidson, President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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