Vizsla Silver Successfully Closes Over-Allotment Option, Bolstering Capital Position
Vancouver, BC – July 14, 2025 – Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) is pleased to announce the successful full closing of the over-allotment option granted in connection with its previously announced bought-deal financing. This significant development provides the company with an additional C$23.3 million in gross proceeds, further strengthening its financial position as it advances its exciting exploration and development projects.
The over-allotment option, exercisable for a period of 30 days following the closing of the primary offering, allowed the underwriters to purchase up to an additional 15% of the securities offered in the base financing. The exercise of this option in its entirety underscores strong investor demand and confidence in Vizsla Silver’s strategic direction and the potential of its flagship Panuco-Copala silver-gold district in Sinaloa State, Mexico.
With the over-allotment option now fully exercised, Vizsla Silver has raised aggregate gross proceeds of approximately C$178.6 million from the combined offering. These substantial funds are earmarked for a variety of critical initiatives, including continued exploration drilling at the Panuco-Copala district, the advancement of the project’s preliminary economic assessment (PEA), and general corporate purposes.
“We are delighted with the successful closing of the over-allotment option, which reflects the strong support we continue to receive from the investment community,” said Michael Konn, President and CEO of Vizsla Silver. “This additional capital infusion is instrumental in accelerating our progress at Panuco-Copala, a district that continues to reveal its extraordinary potential. It allows us to intensify our exploration efforts, expand our resource base, and move closer to realizing the full value of this world-class silver-gold asset.”
The company’s ongoing exploration program is focused on expanding known zones and identifying new high-grade mineralization within the extensive Panuco-Copala district. Recent drilling results have consistently demonstrated the presence of significant silver and gold grades, reinforcing the geological thesis and the promising nature of the project. The proceeds from this financing will be crucial in drilling out additional targets and supporting the technical studies necessary for future development.
Vizsla Silver remains committed to a disciplined and strategic approach to capital allocation, ensuring that these newly acquired funds are deployed effectively to maximize shareholder value. The company expresses its gratitude to its shareholders, partners, and the underwriting syndicate for their continued trust and support.
About Vizsla Silver Corp.
Vizsla Silver Corp. is a Canadian mineral exploration and development company focused on its world-class, multi-digit million ounce silver-gold Panuco-Copala district in Sinaloa State, Mexico. The company is driven by a commitment to responsible exploration, technical excellence, and creating significant value for its stakeholders. Vizsla Silver’s management team comprises experienced professionals with a proven track record in mineral exploration and development.
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements concerning the company’s exploration plans, the potential of the Panuco-Copala district, the use of proceeds from the financing, and future growth prospects. These statements are based on current expectations and assumptions and involve various risks and uncertainties. The company’s actual results could differ materially from those anticipated in these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.
This article provides a detailed overview of Vizsla Silver’s successful closing of its over-allotment option, highlighting the increased capital, the intended use of funds, and the positive implications for the company’s exploration and development activities.
VIZSLA SILVER ANNOUNCES CLOSING OF OVER-ALLOTMENT OPTION IN FULL
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