Vizsla Silver updates on at-the-market equity program

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 28.Apr.2025) — Vizsla Silver Corp. updated its previously-announced at-the-market (ATM) equity program to offer and sell up to $200mn of its common shares to the public.

Sales of common shares, if any, will be made pursuant to the terms of an equity distribution agreement dated 28 Apr. 2025 among Vizsla and Canaccord Genuity and CIBC Capital Markets, as lead agents, and National Bank Financial and BMO Capital Markets.

The sales would be on the Toronto Stock Exchange and the NYSE American, and/or any other marketplace for the common shares in Canada or the US or as otherwise agreed between the agents and the company, Vizsla said in 28 Apr. 2025 in an official statement.

“Vizsla Silver remains well-positioned to advance Panuco towards development”, Vizsla president and CEO Michael Konnert said in the statement. “The updated at-the-market equity plan simply provides additional optionality to add to a strong balance sheet, as we continue to de-risk the Panuco project and deliver on development milestones.”

The sales of common shares under the ATM program, if any, will be determined in the company’s sole discretion, and at the market price prevailing at the time of each sale.

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By Fidencio Casillas reporting from Mexico City. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.