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Vizsla Silver (NYSEAM:VZLA) Update / Briefing Transcript
2025-11-24 19:02
Summary of Vizsla Silver's Feasibility Study and Convertible Notes Offering Company Overview - **Company**: Vizsla Silver - **Industry**: Silver and Gold Mining - **Project**: Panuco Mine in Mexico Key Points from the Feasibility Study - **Feasibility Study Significance**: The study positions Panuco as a tier-one asset of global significance, with plans to become a leading silver and gold producer globally [2][3] - **Production Goals**: Internal goal to reach 50 million ounces of production in the next 10 years, primarily from the Panuco mine [3] - **Financial Metrics**: - Post-tax NPV of $1.8 billion - Post-tax IRR of 111% - Initial capital cost of $238.7 million - NPV to CapEx ratio of 7.5 times [22][49] - **Production Estimates**: - Average payable silver equivalent production of 20.1 million ounces over the first five years - Life of mine production of 17.4 million ounces per annum [22][24] - **Cost Structure**: - All-in sustaining cost of $10.61 per ounce - Operating cost of $85.11 per ton milled [24][46] Financing Details - **Bond Issuance**: Closing of a $300 million bond issuance, the largest in the silver industry, fully financing the Panuco project [5][12] - **Financial Flexibility**: The bond can be settled in cash, stock, or a combination, allowing for flexibility without diluting equity [6][10] - **Comparison to Previous Financing**: The bond replaces a previously announced Macquarie facility, providing lower cost of capital and fewer restrictions [9][10] Project Development and Timeline - **Permit Timeline**: Expecting permits by mid-2026, with construction planned for the second half of 2026 [15][19] - **Test Mine Development**: Ongoing test mine operations to de-risk the project and prepare for production [16][56] - **Infrastructure and Community Engagement**: Strong local community ties with 70% of the workforce sourced locally and significant investments in community projects [20][19] Exploration and Growth Potential - **Land Package Expansion**: The land package has quadrupled since 2024, with less than 70% mapped and only 28% of known veins explored [17][65] - **Future Exploration Plans**: Continued exploration in the wider property, including the Lagara project and Santa Fe, with systematic exploration planned [66][63] Conclusion - **Investment Opportunity**: Vizsla Silver presents a compelling investment opportunity with robust financial metrics, a strong production profile, and significant growth potential in the silver mining sector [14][16]
X @Wu Blockchain
Wu Blockchain· 2025-07-29 22:00
Funding & Capital - BTCS Inc plans to raise up to $2 billion through ATM offerings, convertible notes, and warrants [1] Use of Proceeds - The company intends to use the net proceeds to expand ETH reserves [1] - Proceeds will also support working capital and other general corporate purposes [1]
Upexi Announces Closing of $50 Million Private Placement Equity Offering
Globenewswire· 2025-07-15 12:36
Core Insights - Upexi, Inc. has successfully closed a private placement equity offering of 12,457,186 shares of common stock at a price of $4.00 per share, generating approximately $50 million in gross proceeds before expenses [1][2] Group 1: Equity Offering Details - The equity offering involved accredited investors, qualified purchasers, and institutional investors, including the CEO and a director of the company [1] - The shares were sold at a price of $4.00 per share, with management and board participation priced at $4.94 per share [1] - A.G.P./Alliance Global Partners acted as the sole placement agent for the offering [3] Group 2: Use of Proceeds - Proceeds from the equity offering will be used to cover placement agent fees and offering-related expenses, support general working capital needs, and advance the company's Solana treasury strategy [2] Group 3: Future Offerings - The company anticipates closing a previously disclosed $150 million convertible notes offering in exchange for Solana on or about July 16, 2025 [2]