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IMPACT Silver Corp. ("IMPACT") is pleased to announce that it has renewed its retainer of Shukhrat Rakhimov, of Vancouver, British Columbia, to provide IMPACT with investor and shareholder relations services, subject to applicable regulatory approval.

Mr. Rakhimov will receive a monthly retainer of $3,000 up to February 15, 2010, subject to renewal. IMPACT has also issued to Mr. Rakhimov an option under IMPACT's stock option plan to purchase 35,000 of its common shares at an exercise price of $1.44 per share until February 6, 2010. The option granted will vest in accordance with the policies of the TSX Venture Exchange.

On behalf of the Directors of IMPACT Silver Corp.


"Frederick W. Davidson"
President, CEO


For further information, please contact:
Darrell Rader, Corporate Development
Telephone: 604-681-9501

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

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