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IMPACT Silver Corp. ("IMPACT" or the "Company") announces that, further to its news release of April 18, 2011, due to the error by its registrar and transfer agent of not mailing by registered mail the notice of acceleration to holders of the warrants (the "Warrants") issued on December 14, 2010, it has extended the expiry of outstanding Warrants and outstanding agent's warrants to 4 p.m. (Vancouver time) on June 10, 2011.

IMPACT Silver Corp. is a profitable silver-focused mining and exploration company operating in Mexico with a producing silver operation at the 423-square-kilometer Royal Mines of Zacualpan District and the adjacent 200-square-kilometer Mamatla Mineral District which is host to the Capire Mine Development Project. IMPACT also holds a portfolio of projects with an operational processing plant at Zacatecas. Additional information on IMPACT and its projects can be found on the Company's website at www.IMPACTSilver.com

On behalf of the Directors of IMPACT Silver Corp.,

"Frederick W. Davidson"
President & CEO

For further information, please contact:
Sunny Pannu, Investor Relations
(604) 681 0172

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 Statements. This IMPACT News Release contains certain "forward-looking" statements and information relating to IMPACT that are 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 TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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