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Vizsla Announces Closing of Approximately C$35 Million Bought Deal Financing
Vizsla Announces Closing of Approximately C$35 Million Bought Deal Financing Ca...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n \n \n \n Vizsla Announces Closing of Approximately C$35 Million Bought Deal Financing\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 /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n NYSE: VZLA     TSX-V: VZLA\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 15, 2022\n \n \n /CNW/ -\n \n Vizsla Silver Corp.\n \n (TSXV: VZLA) (NYSE: VZLA) (\n \n Frankfurt\n \n : 0G3) (\"\n \n Vizsla Silver\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has completed its previously announced bought deal prospectus offering of 23,805,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n C$1.45\n \n per Unit for aggregate gross proceeds of\n \n C$34,517,250\n \n , which includes the exercise in full of the Underwriters' (as defined below) over-allotment option for 3,105,000 Units (the \"\n \n Public\n \n \n Offering\n \n \").\n \n \n \n \n \n \n \n \n \n Each Unit consists of one common share of the Company and one-half of one common share purchase warrant (each whole common share purchase warrant, a \"\n \n Warrant\n \n \"). Each Warrant entitles the holder to acquire one common share of the Company until\n \n November 15, 2024\n \n at a price of\n \n C$2.00\n \n .\n \n \n The Public Offering was conducted by PI Financial Corp. and Canaccord Genuity Corp., as co-lead underwriters and joint bookrunners, and Raymond James Ltd., H.C. Wainwright & Co., LLC, Roth Canada Inc. and Stifel Nicolaus Canada Inc. (collectively, the \"\n \n Underwriters\n \n \"). In consideration for the services provided by the Underwriters in connection with the Public Offering, on closing the Company paid to the Underwriter a cash commission equal to 6% of the gross proceeds raised under the Public Offering. As further consideration for the services provided by the Underwriters in connection with the Public Offering, on closing the Company issued broker warrants to the Underwriters, exer...