UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE
ACT OF 1934
For the month
of September 2024
Commission File
Number: 001-41225
VIZSLA SILVER CORP.
(Registrant)
Suite 700, 1090 West Georgia
Street
Vancouver, British Columbia
V6E 3V7 Canada
(Address
of Principal Executive Offices)
Indicate by check mark whether the Registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
VIZSLA SILVER CORP. |
|
|
|
|
(Registrant) |
|
|
|
|
Date:
September 25, 2024 |
|
|
|
By |
|
/s/ Michael Konnert |
|
|
|
|
|
|
Michael Konnert |
|
|
|
|
|
|
Chief Executive Officer |
EXHIBIT INDEX
EXHIBIT 99.1
VIZSLA SILVER ANNOUNCES CLOSING OF OVER-ALLOTMENT
OPTION IN FULL
NYSE: VZLA
TSX-V: VZLA
VANCOUVER, BC, Sept. 25, 2024 /CNW/ - Vizsla Silver
Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is of 25,000,000 common
shares of the Company (the "Initial Shares") at a price of C$2.60 per Initial Share (the "Offering Price"),
the underwriters have purchased an additional 3,750,000 common shares of the Company (the "Additional Shares", and together
with the Initial Shares, the "Common Shares") at the Offering Price per Additional Share, pursuant to their exercise
in full of the over-allotment option (the "Over-Allotment Option") granted by Vizsla Silver, generating additional gross
proceeds of C$9,750,000.
The Offering was led by Canaccord Genuity as sole
bookrunner and lead underwriter on behalf of a syndicate of underwriters that included CIBC Capital Markets, Ventum Financial Corp., Raymond
James Ltd., Stifel Nicolaus Canada Inc., National Bank Financial Inc., and BMO Capital Markets (collectively, the "Underwriters").
In consideration for the services provided by the Underwriters in connection with the issue and sale of the Additional Shares, the Company
paid to the Underwriters a cash commission equal to C$487,500.
The Common Shares were offered pursuant to a final
prospectus supplement of the Company dated September 16, 2024 (the "Prospectus Supplement") to the short form base shelf
prospectus of the Company dated March 31, 2023 (the "Base Shelf Prospectus"), in all of the provinces and territories
of Canada, except Quebec, and in the United States pursuant to a prospectus supplement dated September 16, 2024 (the "US Prospectus
Supplement") filed as part of an effective registration statement on Form F-10 filed under the Canada/U.S. multi-jurisdictional
disclosure system. The Offering remains subject to the final approval of the TSX Venture Exchange ("TSX-V").
The net proceeds of the Offering, including those
raised from the exercise of the Over-Allotment Option, are expected to be used to advance the exploration, drilling and development of
the Company's Panuco Project, as well as for working capital and general corporate purposes as set out in the Prospectus Supplement.
Copies of the applicable offering documents can be
obtained free of charge under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Delivery of the Base Shelf
Prospectus and the Prospectus Supplement and any amendments thereto will be satisfied in accordance with the "access equals delivery"
provisions of applicable Canadian securities legislation. An electronic or paper copy of Prospectus Supplement, the US Prospectus Supplement,
the Base Shelf Prospectus and the Registration Statement may be obtained, without charge, from Canaccord Genuity by phone at 416-869-3052
or by e-mail at ecm@cgf.com by providing Canaccord Genuity with an email address or address, as applicable.
This news release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation
or sale would be unlawful.
About Vizsla Silver Corp.
Vizsla Silver is a Canadian mineral exploration and
development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in
Sinaloa, Mexico. To date, Vizsla Silver has completed over 380,000 metres of drilling at Panuco leading to the discovery of several new
high-grade veins. For 2024, Vizsla Silver has budgeted +45,000 metres of resource/discovery-based drilling designed to upgrade and expand
the mineral resource, as well as test other high priority targets across the district.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes certain "Forward–Looking
Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward–looking
information" under applicable Canadian securities laws, including, but not limited to, statements and information regarding the expected
use of proceeds of the Offering, which ultimately remains the subject of the Company's discretion, receipt of the final approval of the
TSX-V related to the Offering, and future drilling and exploration activities at the Panuco Project. When used in this news release, the
words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast",
"may", "would", "could", "schedule" and similar words or expressions, identify forward–looking
statements or information.
Forward–looking statements and forward–looking
information are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's
experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant
and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the
price of silver, gold, and other metals; costs of exploration and development; the estimated costs of development of exploration projects;
Vizsla Silver's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect Vizsla Silver's respective
current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered
reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and
contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different
from the results, performance or achievements that are or may be expressed or implied by such forward–looking statements or forward-looking
information and Vizsla Silver has made assumptions and estimates based on or related to many of these factors. Such factors include, without
limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the
Company's mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the Company's management
team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all
risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow
from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including
the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title
to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating
or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the
Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets;
the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market
volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation
risk; and the factors identified under the caption "Risk Factors" in the Prospectus Supplement, the Base Shelf Prospectus and
the US Prospectus Supplement and Vizsla Silver's management discussion and analysis. Readers are cautioned against attributing undue certainty
to forward–looking statements or forward-looking information. Although Vizsla Silver has attempted to identify important factors
that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or
intended. Vizsla Silver does not intend, and does not assume any obligation, to update these forward–looking statements or forward-looking
information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information,
other than as required by applicable law.
SOURCE Vizsla Silver Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2024/25/c0721.html
%CIK: 0001796073
For further information: Contact Information: For more information
and to sign-up to the mailing list, please contact: Michael Konnert, President and Chief Executive Officer, Tel: (604) 364-2215, Email:
info@vizslasilver.ca
CO: Vizsla Silver Corp.
CNW 09:37e 25-SEP-24
Vizsla Silver (AMEX:VZLA)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Vizsla Silver (AMEX:VZLA)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024