Vizsla Silver Completes $100 Million Bought Deal Offering Successfully

Vizsla Silver Completes Major Funding Initiative



Vizsla Silver Corp., a prominent player in the mineral exploration sector, has just announced the successful completion of a significant financial milestone: a $100 million bought deal offering. This pivotal initiative reflects the company's strong market position and growth trajectory in the mining industry, particularly through its promising Panuco Project in Sinaloa, Mexico.

Details of the Offering



On June 26, 2025, Vizsla Silver finalized the public offering by selling 33,334,000 common shares at $3.00 each. Leading the charge was Canaccord Genuity, who served as the sole bookrunner and lead underwriter, collaborating with a consortium of financial institutions including CIBC Capital Markets, National Bank Financial Inc., Ventum Financial Corp., BMO Capital Markets, and Raymond James Ltd.

This offering also comes with an over-allotment option that allows underwriters to purchase an additional 5,000,100 shares at the same price over the next 30 days, indicating confidence in the company’s future prospects. This move allows for additional liquidity and flexibility as Vizsla Silver continues to focus on strategic operational development.

Regulatory Compliance and Future Initiatives



The shares were distributed in alignment with a final prospectus supplement dated June 23, 2025, which complements the previously established base shelf prospectus. Regulatory approval from the Toronto Stock Exchange is still pending, demonstrating the careful and compliant nature with which Vizsla engages its funding strategies.

The net funds raised from this offering are expected to propel the advancement of multiple projects, including the exploration and development efforts for the Panuco Project. Additional allocations of the funds will also support continued exploration of the Santa Fe Project, potential acquisitions, working capital, and various corporate purposes as delineated in the prospectus documentation.

Overview of the Panuco Project



Vizsla Silver's flagship asset, the Panuco Project, has generated considerable excitement within the mining sector due to its rich potential and robust economic forecasts. Recently, the company revealed a Preliminary Economic Study showcasing impressive annual production rates of 15.2 million ounces of silver equivalent (AgEq) over an anticipated mine life of approximately 10.6 years. The project offers substantial after-tax net present value calculations, pegged at about $1.1 billion, with an enticing internal rate of return of 86% and a rapid payback period of just 9 months based on commodities priced at $26 per ounce for silver and $1,975 per ounce for gold.

With a dual-track development approach, Vizsla Silver is keen on balancing immediate mine development with expansive exploration activities, effectively positioning itself to capture market opportunities efficiently.

A Vision for Growth



Vizsla Silver’s leadership remains committed to its vision of becoming a leading silver company on a global scale. By strategically managing its resources and utilizing innovative extraction techniques, the company seeks to not only sustain but also enhance its market presence. The successful fundraising through the bought deal offering significantly strengthens its capability to pursue both its immediate and long-term targets.

As the industry continues to evolve, and with the underlying potential of the Panuco and Santa Fe projects, Vizsla Silver stands ready to leverage its competitive advantages, fostering growth and rewarding its stakeholders along the way.

Visit Vizsla Silver’s official website for more details on investment opportunities and the ongoing developments within the company.

Topics Financial Services & Investing)

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