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VIZSLA COPPER ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT FROM $1.5 MILLION TO $2.5 MILLION

VIZSLA COPPER ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT FROM $1.5 MILLION TO $2.5 MILLIO...

articleVizsla Copper CorpMarch 18, 20244/company/vizsla-copper-corp/news/vizsla-copper-announces-upsize-of-non-brokered-private-placement-from-dollar15-million-to-dollar25-million
VIZSLA COPPER ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT FROM $1.5 MILLION TO $2.5 MILLION

About this update from Vizsla Copper Corp

[{"type":"text","content":"\n \n \n \n VIZSLA COPPER ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT FROM $1.5 MILLION TO $2.5 MILLION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISSEMINATION IN OR INTO\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./\n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 18, 2024\n \n \n /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (\n \n FRANKFURT\n \n : 97E0) (\"\n \n Vizsla Copper\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has increased the size of its non-brokered private placement, previously announced on\n \n March 5, 2024\n \n , from\n \n $1,500,000\n \n to\n \n $2,500,000\n \n .\n \n \n \n \n \n \n \n \n \n The Company will issue up to 38,461,538 units (the \"\n \n Units\n \n \") at a price of\n \n $0.065\n \n per Unit for gross proceeds of up to\n \n $1,500,000\n \n (the \"\n \n Offering\n \n \"). Each Unit will consist of one common share of the Company (each, a \"\n \n Share\n \n \") and one common share purchase warrant (each, a \"\n \n Warrant\n \n \"). Each Warrant will entitle the holder thereof to acquire one additional Share (each, a \"\n \n Warrant Share\n \n \") at a price of\n \n $0.12\n \n per Warrant Share until the date which is 36 months following the Closing Date (as defined below).\n \n \n The net proceeds of the Offering will be used for further exploration and general working capital purposes.\n \n \n Closing of the Offering is anticipated to occur on or about\n \n April 4, 2024\n \n (the \"\n \n Closing Date\n \n \") and is subject to customary closing conditions, including the Company's receipt of TSX Venture Exchange approval. In connection with the Offering, the Company may pay finder's fees to eligible finders. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and a day from the Closing Date.\n \n \n The Units will be offered pursuant to available prospectus exemptions set out under applicable securities laws and instr...

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