Core Viewpoint - Vizsla Royalties Corp. congratulates Vizsla Silver Corp. on its US$100 million bought deal financing, which is crucial for advancing the Panuco Project towards production and cash flow [1][2]. Financing Details - The financing will provide the necessary capital to advance the Panuco Project through final feasibility and into development, positioning Vizsla Silver for initial production [2]. - Vizsla Royalties, as the sole royalty holder on the Panuco Project, views this financing as a significant milestone that strengthens Vizsla Silver's balance sheet and enhances its ability to execute key de-risking activities [2][3]. Project Development - Vizsla Silver is focused on developing a fully permitted and fully funded test mine, with the Feasibility Study expected to be completed in the second half of 2025 [3]. - The CEO of Vizsla Royalties stated that the financing validates the strength of the Panuco Project and supports continued momentum toward production [3]. Marketing Agreement - Vizsla Royalties has entered into a digital marketing services agreement with Machai Capital Inc. for a comprehensive digital media marketing campaign, with a total compensation of C$303,000 for a 3-month term [4][5]. - The campaign will include branding, content creation, data optimization, and various digital marketing strategies [5][6]. Company Overview - Vizsla Royalties Corp. is a precious metals-focused royalty company, primarily holding a Net Smelter Return Royalty on Vizsla Silver's Panuco Project in Mexico [7]. - The Panuco Project is highlighted for its potential with an estimated annual production of 15.2 million ounces of silver equivalent over an initial mine life of 10.6 years, an after-tax NPV5% of US$1.1 billion, and an 86% IRR [7].
Vizsla Royalties Congratulates Vizsla Silver Corp on US$100M Financing