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An announcement from Vizsla Silver ( (TSE:VZLA) ) is now available.
Vizsla Silver Corp. has announced the pricing of a US$250 million convertible senior notes offering, with the proceeds intended to support the exploration and development of the Panuco Project, potential future acquisitions, and general corporate purposes. The offering includes a capped call transaction to mitigate economic dilution, and the company anticipates net proceeds of approximately US$239.4 million, with the potential for additional funds if the initial purchasers exercise their option to buy more notes.
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 projects. The company’s primary project is the Panuco Project, and it is listed on the NYSE, TSX, and Frankfurt exchanges.
Average Trading Volume: 823,195
Technical Sentiment Signal: Buy
Current Market Cap: C$2.26B
For an in-depth examination of VZLA stock, go to TipRanks’ Overview page.