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Vizsla Silver Reminds Shareholders about Important Dates in Connection with the Potential Spinout of Vizsla Royalties
Vizsla Silver Reminds Shareholders about Important Dates in Connection with the Potential Spinout...
About this update from Vizsla Silver Corp.
[{"type":"text","content":"\n \n \n \n Vizsla Silver Reminds Shareholders about Important Dates in Connection with the Potential Spinout of Vizsla Royalties\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 11, 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 \") wants to remind its valued shareholders that if the spinout of Vizsla Royalties Corp. (the \"\n \n Arrangement\n \n \") is approved at the Special Meeting being held on\n \n June 17, 2024\n \n , the Company will seek a final order from the Supreme Court of\n \n British Columbia\n \n (the \"\n \n Court\n \n \") to approve the Arrangement and closing will occur on or about\n \n June 24\n \n , 2024.  It anticipates that\n \n June 21, 2024\n \n , will be the record date (the \"\n \n Record Date\n \n \"), which shareholders of record will be entitled to receive spinout shares and spinout warrants.\n \n \n \n \n \n \n \n \n \n The owners of common shares of Vizsla Silver (each a \"\n \n Vizsla Silver Share\n \n \") are entitled to receive one-third of a common share of Vizsla Royalties Corp. (the \"\n \n Spinco Shares\n \n \") and one-third of a common share purchase warrant of Vizsla Royalties Corp.  (the \"\n \n Spinco Warrants\n \n \") for each Vizsla Silver Share held on the Record Date. Each full Spinco Warrant will entitle the holder thereof to purchase one Spinco Share at an exercise price of\n \n $0.05\n \n per share for a period expiring on the earlier of: (i) 120 days after the date the Spinco Shares and Spinco Warrants are listed on the TSX Venture Exchange (the \"\n \n TSXV\n \n \"); and (ii)\n \n December 31, 2025\n \n .\n \n \n \n Current Holders of Vizsla Silver Corp. Warrants\n \n \n \n For any current outstanding Vizsla Silver Corp. Warrants (\"\n \n Vizsla Silver Warrants\n \n \") held on the Record Date that are exercised for th...