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Vizsla CEO Provides Letter to Stakeholders

Vizsla CEO Provides Letter to Stakeholders Canada NewsWire (VZLA-TSX-...

articleVizsla Silver Corp.January 6, 20213/company/vizsla-silver-corp/news/vizsla-ceo-provides-letter-to-stakeholders
Vizsla CEO Provides Letter to Stakeholders

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[{"type":"text","content":"\n \n \n \n Vizsla CEO Provides Letter to Stakeholders\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 \n VANCOUVER, BC\n \n ,\n \n Jan. 6, 2021\n \n /CNW/ -\n \n Vizsla Resources 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 \")\n \n \n Dear Vizsla Stakeholder,\n \n \n With your support, Vizsla performed incredibly well through 2020, which was a difficult year in many ways. Despite the issues brought on by COVID-19, we were able to execute our plan and successfully deliver against our key performance indicators, including share price performance (lo:\n \n $0.23\n \n hi:\n \n $2.93\n \n ), fund raising (\n \n $34.6M\n \n raised) and discovery, making one of\n \n Mexico's\n \n most significant precious metals discovery (6 metres of 8,066 g/t AgEq) at the Napoleon vein at the\n \n Panuco\n \n project.\n \n \n Vizsla started as a small company with an\n \n $800,000\n \n IPO in 2018. In late 2019 we announced the acquisition of the option to acquire the entire\n \n Panuco\n \n silver district, and in 2020 that we were able to transform the Company with exploration success on the back of more than 28,000 metres drilled.\n \n \n In 2020, we accomplished many things, but my top three are:\n \n \n \n Making multiple discoveries including Napoleon, Cordon del\n \n Oro\n \n ,\n \n Tajitos\n \n , Papayo and\n \n San Carlos\n \n with each of these discovery holes returning >1kg AgEq grades.\n \n \n Raising over\n \n $34,000,000\n \n which places us in a strong position for the next 12 months.\n \n \n Renegotiating the underlying options, giving us until 2022 before major option payments\n \n \n \n \n \n The exploration success that we have had at Vizsla is amplified further by the shortcut to production that we have at\n \n Panuco\n \n . With the\n \n El Coco\n \n mill under option to us, we can move rapidly into production. This sets us as apart from the rest of our cohort. I believe that Vizsla is on trac...

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