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Vizsla Silver Secures $100 Million Through Underwriting Agreement

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Vizsla Silver Secures $100 Million Through Underwriting Agreement

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An update from Vizsla Silver ( (TSE:VZLA) ) is now available.

On June 23, 2025, Vizsla Silver Corp. announced an underwriting agreement with several financial institutions, including Canaccord Genuity Corp. and CIBC World Markets Inc., to issue and sell 33,334,000 common shares at a price of US$3.00 per share, raising gross proceeds of US$100,002,000. This strategic move aims to bolster the company’s financial position and support its ongoing exploration and development activities, potentially enhancing its market presence and providing value to stakeholders.

The most recent analyst rating on (TSE:VZLA) stock is a Buy with a C$4.75 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 is primarily engaged in advancing its flagship Panuco silver-gold project in Mexico.

Average Trading Volume: 682,041

Technical Sentiment Signal: Buy

Current Market Cap: C$1.32B

See more data about VZLA stock on TipRanks’ Stock Analysis page.

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