Vizsla Silver Corp VZLA

Primary Symbol: T.VZLA

Metals & Mining Industrial Metals & Minerals

Vizsla Silver Corp. is a Canada-based mineral exploration and development company. The Company is focused on advancing its flagship, 100%-owned Panuco silver-gold project. The Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlan. The 7,189.5-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits. The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. The Company also owns the past-producing La Garra-Metates district (the La Garra) situated in the heart of the silver-gold-rich Panuco - San Dimas corridor. The La Garra-Metates District area contains N-NNW-trending silver-gold-rich veins in a geological setting akin that of the Panuco Project and San Dimas.

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Vizsla Silver Corp > New Press Release - VIZSLA SILVER ANNOUNCES $65 MILLION BOUGHT DEAL FINANCING

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Comment by oldbrit34on Sep 16, 2024 12:25pm

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Post# 36225634

RE:RE:New Press Release - VIZSLA SILVER ANNOUNCES $65 MILLION BOUGHT DEAL FINANCING

I don't like it either. Why should existing shareholders have to take a 13% haircut so the company can get some quick and easy money ? .Years ago companies like VZLA would go to the existing shareholders and offer new shares at a discount. Now it seems existing shareholders have little value in the Board's eyes. Its not a guarantee that the share price will go back to what it was before.

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