VIZSLA SILVER CLOSES US$100M BOUGHT DEAL OFFERING

Core Viewpoint - Vizsla Silver Corp. has successfully completed a bought deal public offering of 33,334,000 common shares at a price of US$3.00 per share, raising gross proceeds of US$100,002,000 to fund various projects and corporate purposes [1][3]. Group 1: Offering Details - The offering was led by Canaccord Genuity and included a syndicate of underwriters such as CIBC Capital Markets and BMO Capital Markets [1]. - An over-allotment option has been granted to the underwriters to purchase up to an additional 5,000,100 common shares at the offering price within 30 days of the closing date [1]. - The offering was conducted under a final prospectus supplement dated June 23, 2025, and is subject to final approval from the Toronto Stock Exchange [2]. Group 2: Use of Proceeds - The net proceeds from the offering are intended to advance the exploration and development of the Panuco Project, explore the Santa Fe Project, pursue potential future acquisitions, and cover working capital and general corporate purposes [3]. Group 3: Company Overview - Vizsla Silver is a Canadian mineral exploration and development company focused on the Panuco silver-gold project in Sinaloa, Mexico, which is 100% owned by the company [6]. - A Preliminary Economic Study for the Panuco project indicates an annual production of 15.2 million ounces of silver equivalent over a mine life of 10.6 years, with an after-tax NPV of US$1.1 billion and an IRR of 86% [6].