Vizsla Royalties Closes Acquisition of Additional 3.0% NSR on Panuco Project and C$63 Million Bought Deal Offering Including Exercise in Full of Over-Allotment Option

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[{"type":"text","content":"Vizsla Royalties Closes Acquisition of Additional 3.0% NSR on Panuco Project and C$63 Million Bought Deal Offering Including Exercise in Full of Over-Allotment OptionVancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF) (\"Vizsla Royalties\" or the \"Company\") is pleased to announce that all closing conditions in connection with its acquisition of an additional 3.0% net smelter returns (\"NSR\") royalty (the \"3.0% Royalty\") on certain concessions (the \"Silverstone Concessions\") comprising the Panuco-Copala Silver-Gold Project (\"Panuco Project\") located in the State of Sinaloa, Mexico (the \"Transaction\") have been satisfied, other than payment of the purchase price.Upon acquiring the 3.0% Royalty in connection with the Transaction, the Company holds a 3.5% NSR on the Silverstone Concessions, significantly increasing its exposure to one of the most advanced and high-grade silver-gold development districts in the world, positioning shareholders to benefit from long-term value creation as the Panuco Project progresses toward production. Vizsla Royalties also holds a 2.0% NSR on certain other concessions comprising the Panuco Project.Pursuant to the Transaction, Vizsla Royalties (a) exercised its right to repurchase 50% of the 3.0% Royalty for US$1,950,000, and (b) purchased the remaining 50% of the 3.0% Royalty for US$38,050,000, for a total cash consideration of US$40,000,000. The funds comprising the purchase price have been wired to the Company's subsidiary in Mexico, and formal completion of the Transaction will occur upon confirmation of release of such funds to the vendor.The Transaction is an arm's length transaction. No finder's fees are payable in connection with the Transaction. The Transaction remains subject to the final approval of the TSX Venture Exchange (\"TSXV\").Closing of Bought Deal OfferingThe Company is also pleased to announce that it has completed its previously announced bought deal offering of 31,510,000 common shares of the Company (the \"Common Shares\") at a price of C$2.00 per Common Share (the \"Offering Price\") for aggregate gross proceeds of C$63,020,000, including proceeds raised from the over-allotment option, exercised in full (the \"Offering\"). The Offering was led by CIBC Capital Markets (\"CIBC\") as lead bookrunner and und...

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