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Vizsla Silver Announces Shareholder Approval at Special Meeting
Vizsla Silver Announces Shareholder Approval at Special Meeting Canada NewsWire ...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n \n \n \n Vizsla Silver Announces Shareholder Approval at Special Meeting\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 NYSE: VZLA     TSX-V: VZLA\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 17, 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 Vizsla Silver shareholders (\"\n \n Shareholders\n \n \") approved the plan of arrangement (the \"\n \n Arrangement\n \n \") with Vizsla Royalties Corp. (\"\n \n Spinco\n \n \") at the special meeting of Shareholders held today (the \"\n \n Meeting\n \n \").\n \n \n \n \n \n \n \n \n \n Under the Arrangement, the owners of common shares of Vizsla Silver (each a \"\n \n VZLA Share\n \n \") are entitled to receive one-third of a common share of Spinco and one-third of a common share purchase warrant of Spinco for each VZLA Share held immediately prior to the closing of the Arrangement. Following the Arrangement, Spinco will no longer be a wholly owned subsidiary of Vizsla Silver.\n \n \n Shareholders voted a total number of 101,847,455 Vizsla Silver shares representing 43.69% of the outstanding shares present in person or represented by proxy at the Meeting held today.\n \n \n The Arrangement was approved by 85.03% of the votes cast by Shareholders.\n \n \n Shareholders also approved the share option plan of the Spinco (the \"\n \n Spinco Option Plan\n \n \") at the Meeting. The Spinco Option Plan was approved by 69.16% of the votes cast by Shareholders.\n \n \n The Company intends to make an application to the Supreme Court of\n \n British Columbia\n \n (the \"\n \n Court\n \n \") for a Final Order on\n \n June 19, 2024\n \n .\n \n \n On\n \n June 11, 2024\n \n , the Company announced that it anticipated that\n \n June 21, 2024\n \n , would be the record date, and that Shareholders of record on such date will be entitled to receive Spinco securities. The Company wishes to clari...