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Vizsla Silver Corporation Annual General Meeting Results

Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) has successfully held its annual general and special meeting of shareholders in Vancouver, BC, on October 2, 2025. This meeting marked a crucial event for the company as it reviewed significant votes relating to its governance and operational direction.

Meeting Outcomes

The shareholders voted on several key motions:

• - Board of Directors: The shareholders set the number of directors at seven, and elected Craig Parry, Michael Konnert, Simon Cmrlec, Harry Pokrandt, David Cobbold, Eduardo Luna, and Suki Gill to serve as directors for the upcoming year.
• - Auditor Re-appointment: MNP LLP was reappointed as the Company’s auditor for the ensuing year, with authority granted to the directors to determine the auditor’s remuneration.
• - Compensation Plan: An omnibus equity incentive compensation plan was approved.
• - Articles Alteration: Shareholders also passed a motion to amend the Company's Articles.

In a strong display of investor support, a total of 181,024,637 shares were voted, representing 52.63% of the total shares outstanding as of the record date for the meeting. This enthusiastic participation reflects a solid commitment from the shareholders towards the company's direction and performance.

Detailed Voting Results

The following are the detailed voting results for the re-election of the board of directors:

Auditor Transition

In a significant change, the company has appointed Deloitte LLP as its new auditor, effective from October 3, 2025. This change aims to support the company’s growth trajectory and meet its evolving regulatory requirements. Prior to this transition, Deloitte LLP’s predecessor, MNP LLP, had provided unmodified reports on the company’s financial statements for the fiscal years ending April 30, 2024, and April 30, 2025. Importantly, there were no reportable events noted by the former auditor.

The transition is officially documented and complies with the requirements outlined in National Instrument 51-102, including the filing of a Notice of Change of Auditor along with letters from both the former and successor auditors on SEDAR+ and EDGAR.

About Vizsla Silver

Headquartered in Vancouver, BC, Vizsla Silver is a mineral exploration and development company that focuses on advancing its flagship, the 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The company recently completed a Preliminary Economic Study (PES) in July 2024 for the Panuco project, which revealed the potential for significant annual production of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years.

According to the PES, the after-tax net present value at a 5% discount rate is estimated at US$1.1 billion, suggesting an impressive internal rate of return of 86% and a payback period of just nine months based on projected prices of US$26 per ounce of silver and US$1,975 per ounce of gold.

Vizsla Silver aims to position itself as a leader in the silver sector by adopting a dual-track development approach at the Panuco site, which involves advancing mine development alongside district-scale exploration utilizing cost-effective strategies.

Technical Disclosure

In line with National Instrument 43-101, Dr. Jesus Velador, a Qualified Person (QP), serves as the Vice President of Exploration and has reviewed and approved the technical content contained in this release. At this time, no decisions regarding production have been finalized for the Panuco project. Any future decisions will be informed by a comprehensive feasibility study, ensuring technical and economic viability per NI 43-101.

For those interested in more information on Vizsla Silver, visit www.vizslasilvercorp.ca.

Forward-Looking Statements

It's essential to note that this announcement includes forward-looking statements related to future events and investments. These are based on current expectations, forecasts, and management's insights into historical trends and prevailing conditions. While management believes these expectations to be reasonable, actual results and future developments may differ significantly due to various factors. Investors are encouraged to read the company's Annual Information Form for a comprehensive understanding of the relevant risks and uncertainties.