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VIZSLA ANNOUNCES CLOSING OF APPROXIMATELY C$45 MILLION FINANCING
VIZSLA ANNOUNCES CLOSING OF APPROXIMATELY C$45 MILLION FINANCING Canada NewsWire ...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n \n \n \n VIZSLA ANNOUNCES CLOSING OF APPROXIMATELY C$45 MILLION 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 \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 \n NYSE: VZLA     TSX-V: VZLA\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Feb. 9, 2023\n \n \n /CNW/ -\n \n Vizsla Silver Corp.\n \n (TSXV: VZLA) (NYSE: VZLA) (FSE: 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 private placement (the \"\n \n Offering\n \n \"), led by PI Financial Corp. on behalf of a syndicate of agents that included Canaccord Genuity Corp., Raymond James Ltd., Stifel Nicolaus Canada Inc., Roth Canada Inc. and Alliance Global Partners (collectively, the \"\n \n Agents\n \n \").\n \n \n \n \n \n \n \n \n \n Pursuant to the Offering, the Company issued 27,286,050 common shares (the \"\n \n Shares\n \n \" or the \"\n \n Common Shares\n \n \") at a price of\n \n $1.65\n \n (the \"\n \n Issue Price\n \n \"), for gross proceeds of\n \n $45,021,982.50\n \n .  The Company paid a cash commission equal to 6% of the gross proceeds of the Offering and issued 1,637,163 compensation options (the \"\n \n Compensation Options\n \n \") to the Agents.  Each Compensation Option is exercisable to acquire one Common Share at the Issue Price until\n \n February 9, 2025\n \n .\n \n \n The net proceeds from the Offering will 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.\n \n \n All securities issued under the Offering will be subject to a statutory hold period in\n \n Canada\n \n expiring four months and one day from the date of issuance.\n \n \n Completion of the Offering is subject to the final approval of the TSX Venture Exchange.\n \n \n This news release does not constitute an offer to sell or a solicitation ...