July 22 (Reuters) - Impact Minerals Ltd IPT.AX :
* IMPACT MINERALS LTD - RAISES $3.25 MILLION
* IMPACT MINERALS LTD- PLACEMENT AT 1.5 CENTS PER SHARE
* IMPACT MINERALS LTD - FUNDS RAISED FROM PLACEMENT WILL BE USED TO FUND A DRILL PROGRAMME THAT IS NOW IN PROGRESS AT BROKEN HILL