“IPT: TSX-V” “Isvlf:us” “Ikl:fr” Impact Silver Announces Appointment of Chief Financial Officer
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NEWS RELEASE
IMPACT Silver Corp.
For Release: Dec. 12, 2025 Trading Symbols:
“IPT: TSX-V”
“ISVLF:US”
“IKL:FR”
IMPACT SILVER ANNOUNCES APPOINTMENT OF CHIEF
FINANCIAL OFFICER
Vancouver, B.C., December 12, 2025. IMPACT Silver Corp. (TSXV:IPT) (OTCQB: ISVLF) (FSE: IKL)
(“IMPACT” or the “Company”) is pleased to announce the appointment of Fernando Montoya as the
Company’s Chief Financial OƯicer, eƯective immediately.
Fernando Montoya, LL.B., CPA, brings a unique combination of corporate finance, accounting, legal,
and operational support expertise developed over 25 years, with a strong emphasis on cross-border
financial management and regulatory compliance between Mexico and Canada. He has advised
multiple Canadian-listed mining companies with producing assets in Mexico, applying deep
knowledge of IFRS financial reporting, internal control frameworks, treasury functions, and cross-
jurisdictional tax and legal structuring. Fernando’s background includes senior financial and
administrative roles within multinational mining groups, as well as nearly a decade with KPMG—
ultimately heading the Chihuahua o Ưice—where he led audit and advisory engagements for
international clients across diverse reporting frameworks. His dual qualifications as a licensed
lawyer and CPA, together with extensive experience supporting operational roles and decision-
making at active mine sites, enable a fully integrated approach to cross-border compliance, fiscal
strategy, and operational oversight for the Company’s producing mines and Canadian corporate
platform.
Jerry Huang will continue with the Company as Vice President, Finance where he will focus on
expanding relationships within the investment community, advancing M&A initiatives, and driving
opportunities to enhance shareholder value. Over his tenure as CFO, Jerry has demonstrated his
fundraising capabilities and has established solid relationships with shareholders, investors,
institutions, finance partners and the broader mining and investment communities. As IMPACT grows
organically and through acquisitions, divestitures, and potential joint ventures, Mr. Huang will
concentrate on strengthening IMPACT’s market value.
Fred Davidson, CEO of the Company added: “We welcome the addition of Mr. Montoya to our
management team at IMPACT. Mr. Montoya has acted as a financial and administrative consultant
to the Company over the past few years, working well with our operating group and demonstrating
strong financial leadership and direction. Combined with his legal and mining experience Mr.
Montoya will be actively involved in guiding the growth of the Company in Mexico and Canada in the
future. ”
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ABOUT IMPACT SILVER
IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico.
Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project
in central Mexico where four producing underground silver mines and one open pit mine feed the
central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd
processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource
of over 4.5 million ounces silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release
dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a
potential restart of operations to leverage improving commodity prices. Over the past 19 years, IMPACT
has developed multiple exploration zones into commercial production and has produced over 13.7
million ounces of silver, generating revenue of more than $307 million, with no long-term debt.
Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with
exceptional exploration upside potential. The Company recently restarted mining operations and is
ramping up production. Exploration potential at Plomosas is exceptional along the 6 km long structure.
This is in addition to other exploration targets on the 3,019-hectare property including untested
copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the
same mineral belt as some of the largest carbonate replacement deposits in the world.
George Gorzynski, PEng, a director of the Company, is a qualified person within the meaning of NI 43-101 and
has approved the technical information contained in this news release.
On behalf of IMPACT Silver Corp.
“Frederick W. Davidson”
President & CEO
For more information, please contact:
Jerry Huang
Vice President, Finance | Investor Relations
(604) 664-7707 or [email protected]
(778) 867-7909
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. Forward-looking information is often, but not always, identified by
the use of words such as “seek” , “anticipate” , “plan” , “continue” , “planned” , “expect” , “project” , “predict” ,
“potential” , “targeting” , “intends” , “believe” , “potential” , and similar expressions, or describes a “goal” , or
variation of such words and phrases or state that certain actions, events or results “may” , “should” , “could” ,
“would” , “might” or “will” be taken, occur or be achieved.
Such forward-looking information involves known and unknown risks and assumptions, including with respect
to, without limitations, exploration and development risks, expenditure and financing requirements, title
matters, operating hazards, metal prices, political and economic factors, competitive factors, general
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economic conditions, relationships with vendors and strategic partners, governmental regulation and
supervision, criminal activity, 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 except as required by
law.
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
NI 43-101 the Company is required to disclose that it has not based its production decisions on NI 43-101
compliant mineral resource or reserve estimates, preliminary economic assessments or feasibility studies,
and historically such projects have increased uncertainty and risk of failure.