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Vizsla Silver Announces Effective Date of Vizsla Royalties Spinout
Vizsla Silver Announces Effective Date of Vizsla Royalties Spinout Canada NewsWire ...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n\n \n \n \n Vizsla Silver Announces Effective Date of Vizsla Royalties Spinout\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 \n \n \n \n \n \n Canada NewsWire\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 June 20, 2024\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 received final TSX Venture Exchange (\"\n \n TSX-V\n \n \"\") approval of the previously announced plan of arrangement (\"\n \n Arrangement\n \n \") to reorganize its business, including the spin-off of its wholly-owned subsidiary, Vizsla Royalties Corp. The Arrangement will close effective\n \n 12:01 a.m.\n \n on\n \n June 24, 2024\n \n . Existing common shares of Vizsla Silver will be delisted on the TSX-V effective on the close of business on\n \n June 21, 2024\n \n . New common shares of Vizsla Silver will commence trading on the TSX-V at the market opening on\n \n June 24\n \n , 2024.  The CUSIP number for the new common shares of Vizsla Silver will be 92859G608.\n \n \n \n \n \n \n \n \n \n \n About the Panuco Project\n \n \n \n The newly consolidated\n \n Panuco\n \n silver-gold project is an emerging high-grade discovery located in southern\n \n Sinaloa, Mexico\n \n , near the city of Mazatlán. The 17,856.5-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, roads, power, and permits.\n \n \n The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic rocks correlated to the Tarahumara Formation.\n \n \n On\n \n January 8, 2024\n \n , the Company announced an updated mineral resource estimate for\n \n Panuco\n \n which includes an estimated in-situ indicated mineral resource of 155.8 Moz AgEq and an in-situ inferred resource of 169.6 Moz AgEq (please refer...