TSX:VZLA - Post Discussion
Post by
Betteryear2 on Feb 12, 2024 8:17am
VIZSLA SILVER ANNOUNCES UPDATE ON ROYALTY SPINOUT
VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce that, further to its news release dated January 17, 2024, it intends to enter into an arrangement agreement with its wholly-owned subsidiary Vizsla Royalties Corp. ("Spinco") within 45 days of this news release in respect of the spinout of the shares of Spinco to the Company's shareholders (the "Spinout"). Spinco currently holds, indirectly, a net smelter royalty on any future mineral production at Vizsla Silver's flagship, 100% owned Panuco silver-gold project located in Mexico. VIZSLA SILVER ANNOUNCES UPDATE ON ROYALTY SPINOUT (prnewswire.com)
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