Parties
Company
Vizsla Silver Corp.
Company
Canaccord Genuity Corp.
Bank
CIBC World Markets Inc.
Company
Ventum Financial Corp.
Company
Raymond James Ltd.
Company
Stifel Nicolaus Canada Inc.
Bank
National Bank Financial Inc.
Bank
BMO Nesbitt Burns Inc.
On September 16, 2024, Vizsla Silver Corp. announced a public offering of 25 million common shares at C$2.60 per share, raising gross proceeds of C$65 million. The offering closed on September 19, 2024, and was led by Canaccord Genuity Corp., with support from CIBC World Markets Inc., Ventum Financial Corp., Raymond James Ltd., Stifel Nicolaus Canada Inc., National Bank Financial Inc., and BMO Nesbitt Burns Inc.
Legal counsel included Forooghian + Company Law Corporation and Koffman Kalef LLP (Canada) and Goodwin Procter LLP (U.S.) for Vizsla, while Cassels Brock & Blackwell LLP (Canada) and Skadden, Arps, Slate, Meagher & Flom LLP (U.S.) advised the underwriters.
Proceeds will fund exploration and development at the Panuco Project in Mexico, potential acquisitions, and corporate needs. An over-allotment option for 3.75 million shares could increase proceeds to C$74.75 million.
Deal Type
Public/Private OfferingIndustry
MiningTransaction
$ 65,000,000Deal Status
ClosedClosing Date
19 September 2024