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Vizsla Announces Closing of C$69 Million Bought Deal Financing
Vizsla Announces Closing of C$69 Million Bought Deal Financing Canada NewsWire ...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n \n \n \n Vizsla Announces Closing of C$69 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 \n (VZLA-TSX-V)\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 VANCOUVER, BC\n \n ,\n \n June 3, 2021\n \n /CNW/ -\n \n Vizsla Silver Corp.\n \n (TSXV: VZLA) (OTCQB: VIZSF) (\n \n Frankfurt\n \n : 0G3) (\"\n \n Vizsla\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 27,600,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n C$2.50\n \n per Unit for aggregate gross proceeds of\n \n C$69,000,000\n \n , which includes the exercise in full of the underwriter's over-allotment option for 3,600,000 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 December 3, 2022\n \n , at a price of\n \n C$3.25\n \n .\n \n \n The Public Offering was conducted by Canaccord Genuity Corp., as lead underwriter and sole-bookrunner, and PI Financial Corp., Clarus Securities Inc., and Sprott Capital Partners LP (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, other than in respect of sales of the Public Offering to the Company's president's list (the \"\n \n President's List\n \n \") for which the Company paid a cash commission equal to 3%. As further consideration for the services provided by the Underwriters in connection with the Public Offering, on closing the Company issued broker wa...