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Vizsla Silver ( (TSE:VZLA) ) has issued an announcement.
Vizsla Silver Corp. has updated its at-the-market equity program to offer and sell up to US$200 million of common shares. This move is intended to provide financial flexibility to advance the Panuco Project, strengthen the company’s balance sheet, and support its development milestones. The sales will be conducted through various agents on the Toronto Stock Exchange and the NYSE American, with proceeds aimed at funding ongoing work programs, working capital, and general corporate purposes.
More about Vizsla Silver
Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC. It focuses on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The company aims to become the world’s leading silver company by implementing a dual track development approach at Panuco.
YTD Price Performance: 21.91%
Average Trading Volume: 2,397,050
Technical Sentiment Signal: Strong Sell
Current Market Cap: $633M
Learn more about VZLA stock on TipRanks’ Stock Analysis page.