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The latest update is out from Vizsla Silver ( (TSE:VZLA) ).
Vizsla Silver Corp. has announced a proposed offering of US$250 million in convertible senior notes due in 2031. The proceeds from this offering will be used to support the exploration and development of the Panuco Project, potential future acquisitions, and general corporate purposes. Additionally, the company plans to engage in capped call transactions to mitigate economic dilution upon conversion of the notes. This strategic capital raise is expected to bolster Vizsla Silver’s operational capabilities and strengthen its market position.
The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on Vizsla Silver stock, see the TSE:VZLA Stock Forecast page.
More about Vizsla Silver
Vizsla Silver Corp. operates in the mining industry, focusing on the exploration and development of silver and gold resources. The company’s primary project is the Panuco Project, which is a key focus for their exploration and development efforts.
Average Trading Volume: 827,678
Technical Sentiment Signal: Buy
Current Market Cap: C$2.19B
Find detailed analytics on VZLA stock on TipRanks’ Stock Analysis page.