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Vizsla Royalties to Acquire Additional 3.0% NSR on Panuco Project and Announces US$40 Million Financing
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES VANCOUVER, British Columbia, ...
About this update from Vizsla Royalties Corp
[{"type":"text","content":"Vizsla Royalties to Acquire Additional 3.0% NSR on Panuco Project and Announces US$40 Million FinancingBase shelf prospectus is accessible, and prospectus supplement will be accessible within two business days, on SEDAR+\n\n\n\n NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES\n \n\n VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) --\n \n Vizsla Royalties Corp. (TSX-V: VROY, OTCQB: VROYF)\n \n (“\n \n Vizsla Royalties\n \n ” or the “\n \n Company\n \n ”) is pleased to announce it has entered into a royalty purchase agreement dated June 4, 2025 (the “\n \n Purchase Agreement\n \n ”) with Grupo Minero Bacis, S.A. de C.V., pursuant to which the Company will acquire an additional 3.0% net smelter returns (“\n \n NSR\n \n ”) royalty (the “\n \n 3.0%\n \n\n Royalty\n \n ”) on certain concessions (the “\n \n Silverstone Concessions\n \n ”) comprising the Panuco-Copala Silver-Gold Project (“\n \n Panuco Project\n \n ”) located in the State of Sinaloa, Mexico (the “\n \n Transaction\n \n ”). The Panuco Project is owned and operated by Vizsla Silver Corp. (“\n \n Vizsla Silver\n \n ”)\n \n (TSX: VZLA; NYSE: VZLA)\n \n and is being advanced toward production.\n \n\n “This is a transformative acquisition for Vizsla Royalties”, stated Michael Pettingell, CEO. “We have now fully consolidated all royalties in the Panuco district, significantly increasing shareholder exposure to one of the highest-grade silver-gold districts in the world. Vizsla Royalties is a publicly-traded company with a Tier-1 silver royalty, which could ultimately serve as a cornerstone asset from which to develop a broader portfolio of quality precious metals royalties in the years to come.”\n \n\n Vizsla Royalties currently holds a 0.5% NSR on the Silverstone Concessions, which was established as part of its spin-out from Vizsla Silver in 2024. Upon acquiring the 3.0% Royalty in connection with the Transaction, the Company will hold 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 progr...