- Vizsla Silver (TSXV:VZLA), market capitalization C$751.34 million, has received final approval to graduate to the Toronto Stock Exchange when the market opens on Thursday
- The junior miner’s flagship Panuco silver and gold project in Mexico boasts an after-tax net present value (5 per cent) of US$1.1 billion
- Vizsla Silver is a Canadian mining company focused on exploration and development
- Vizsla Silver stock has added 96.43 per cent year-over-year and 539.53 per cent since 2019
Vizsla Silver (TSXV:VZLA), market capitalization C$751.34 million, has received final approval to graduate to the Toronto Stock Exchange (TSX) when the market opens on Thursday.
The company’s shares will continue to trade under the same VZLA ticker, including on the NYSE American, with their last day of trading on the TSX Venture Exchange (TSXV) expected to be Wednesday.
Leadership insights
“Uplisting to the TSX represents another significant growth milestone for Vizsla Silver and its shareholders,” Michael Konnert, Vizsla Silver’s president and chief executive officer, said in a statement. “As the TSX is Canada’s premier stock exchange, we expect the higher profile listing will increase market visibility and provide exposure to a broader range of investors.”
About Vizsla Silver
Vizsla Silver is a Canadian mining company focused on exploration and development. Its flagship Panuco silver and gold project in Sinaloa, Mexico, features a July 2024 preliminary economic study supporting robust potential for shareholder value creation, as highlighted by:
- An estimated 15.2 million ounces of annual silver equivalent production over a 10.6-year mine life.
- An after-tax net present value (5 per cent) of US$1.1 billion, with an 86 per cent internal rate of return and a 9-month payback at US$26 per ounce of silver and US$1,975 per ounce of gold.
Vizsla Silver stock (TSXV:VZLA) last traded at C$2.75 per share. The stock has added 96.43 per cent year-over-year and 539.53 per cent since 2019.
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(Top image of Manhattan compared to Vizsla Silver’s Panuco silver and gold project in Mexico: Vizsla Silver)