Sign in

You're signed outSign in or to get full access.

Vizsla Silver (VZLA)

--

Research analysts covering Vizsla Silver.

Recent press releases and 8-K filings for VZLA.

Vizsla Silver to Acquire Strategic Claims from Fresnillo plc
VZLA
M&A
New Projects/Investments
  • Vizsla Silver Corp. announced on December 18, 2025, an agreement to acquire ten claims totaling 2,378 Ha, including 1,734 Ha of strategic claims, adjacent to its Panuco project from Fresnillo plc.
  • The consideration for the acquisition includes a cash payment of US$2,000,000 and the issuance of 854,697 common shares to Fresnillo.
  • This acquisition is expected to provide new high-priority targets, potentially growing the resource base and bolstering mine economics for the Panuco project.
  • The Panuco project's Feasibility Study, completed in November 2025, highlights 17.4 Moz AgEq of annual production over a 9.4-year mine life with an after-tax NPV (5%) of US$1.8B.
Dec 19, 2025, 4:00 PM
Vizsla Silver to Acquire Strategic Claims from Fresnillo plc
VZLA
M&A
New Projects/Investments
  • Vizsla Silver Corp. has agreed to acquire ten claims totaling 2,378 Ha, including 1,734 Ha of Strategic Claims adjacent to its Panuco project, from Fresnillo plc.
  • The consideration for the acquisition includes a US$2,000,000 cash payment and the issuance of 854,697 common shares (valued at US$4,000,000) to Fresnillo.
  • This acquisition is expected to provide Vizsla Silver with new high-priority targets, potentially growing the overall resource base and bolstering mine economics for its Panuco project.
  • The Panuco project recently completed a Feasibility Study in November 2025, highlighting 17.4 Moz AgEq of annual production over a 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, and 111% IRR.
Dec 18, 2025, 11:00 AM
Vizsla Silver Reports Q2 2026 Results, Secures US$300 Million in Convertible Notes, and Advances Panuco Project
VZLA
Earnings
Debt Issuance
New Projects/Investments
  • Vizsla Silver Corp. reported a comprehensive gain of $16,714,968 for the six months ended October 31, 2025, primarily driven by a $21,886,090 foreign currency translation gain. The company also maintained a strong liquidity position with cash and cash equivalents of $194,479,320 and working capital of $292,069,844 as of October 31, 2025.
  • On November 24, 2025, the company closed an offering of US$300 million in 5.00% convertible senior unsecured notes due 2031, resulting in approximately US$286 million in net proceeds. This financing followed the termination of a mandate letter for a senior secured project finance facility with Macquarie Bank Limited.
  • Vizsla Silver announced positive results from an independent Feasibility Study for its Panuco silver-gold project on November 12, 2025, and is advancing permitting and project financing initiatives towards a construction decision. Additionally, the company completed the acquisition of exploration concessions for the Santa Fe Project as of October 31, 2025.
Dec 11, 2025, 11:55 PM
Vizsla Silver Files Feasibility Study Technical Report for Panuco Project
VZLA
New Projects/Investments
  • Vizsla Silver Corp. announced the filing of its Feasibility Study Technical Report for the Panuco Project, with an effective date of November 4, 2025, and filed on December 9, 2025.
  • The Feasibility Study highlights an after-tax NPV(5%) of US$1.8 billion and an Internal Rate of Return (IRR) of 111%, based on assumptions of US$35.50/oz Ag and US$3,100/oz Au.
  • The project is projected to deliver 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, with a 7-month payback period.
Dec 9, 2025, 1:16 PM
Vizsla Silver Corp. Reports Updated Mineral Resource Estimate and Positive Economic Analysis for Panuco Project
VZLA
New Projects/Investments
  • Vizsla Silver Corp. reported an Updated Mineral Resource Estimate for its Panuco Project as of September 9, 2024, with 12.96 Mt of Measured and Indicated resources grading 534 g/t AgEq (equivalent to 222.4 Moz AgEq).
  • The project's economic analysis shows a pre-tax Net Present Value (NPV) of $2,842 million and an Internal Rate of Return (IRR) of 159.3% at a 5% discount rate.
  • Post-tax, the NPV (5%) is $1,802 million and the IRR is 111.1%.
  • Total operating costs are estimated at $85.11 per tonne processed, with Cash Cost 1 at $8.56 per ounce AgEq and All-in Sustaining Cost 2 at $10.61 per ounce AgEq.
  • Vizsla has conducted extensive drilling on the Panuco Project, totaling 396,382.22 meters across 1,052 drill holes through July 2025.
Dec 9, 2025, 1:13 PM
Vizsla Silver Files Feasibility Study Technical Report for Panuco Project
VZLA
New Projects/Investments
  • Vizsla Silver Corp. has filed a technical report for its Panuco Project Feasibility Study (FS), with an effective date of November 4, 2025.
  • The FS highlights 17.4 Moz AgEq of annual production over an initial 9.4-year mine life.
  • Key financial metrics from the FS include an after-tax NPV(5%) of US$1.8 billion, an IRR of 111%, and a 7-month payback period.
  • The company has not made a production decision for the Panuco Project.
Dec 9, 2025, 1:01 PM
Vizsla Silver Announces Positive Feasibility Study Results and Convertible Offering
VZLA
New Projects/Investments
Convertible Preferred Issuance
Guidance Update
  • Vizsla Silver Corp. has completed a Feasibility Study for its 100% owned Panuco silver-gold project in Mexico, confirming its strong technical foundation and economic viability.
  • The Feasibility Study, completed in November 2025, projects 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, with an after-tax NPV(5%) of US$1.8B, a 111% IRR, and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au.
  • The company successfully completed a convertible notes offering, which replaces a previously announced debt mandate with Macquarie, providing flexible financing to advance the Panuco project.
  • Vizsla Silver aims to position itself as a leading silver company by advancing mine development at Panuco while continuing district-scale exploration.
Dec 2, 2025, 1:26 PM
Vizsla Silver posts webinar replay on positive Feasibility Study results and convertible notes offering for Panuco project
VZLA
New Projects/Investments
Debt Issuance
  • Vizsla Silver Corp. has posted a webinar replay summarizing the positive results of its independent Feasibility Study (FS) for the 100% owned Panuco silver-gold project in Mexico.
  • The Feasibility Study, completed in November 2025, confirms the economic viability of Panuco, projecting 17.4 Moz AgEq of annual production over an initial 9.4-year mine life.
  • Key economic highlights from the FS include an after-tax NPV(5%) of US$1.8B, an 111% Internal Rate of Return (IRR), and a 7-month payback period at specific metal prices.
  • The company also completed a successful convertible notes offering, which replaces a prior debt mandate and provides flexible financing to advance the Panuco project.
Dec 2, 2025, 1:00 PM
Vizsla Silver Corp. Closes US$300 Million Convertible Senior Notes Offering
VZLA
Debt Issuance
New Projects/Investments
Convertible Preferred Issuance
  • Vizsla Silver Corp. announced the closing of its offering of US$300 million in 5.00% convertible senior unsecured notes due 2031 on November 24, 2025.
  • The offering generated approximately US$286 million in net proceeds, which the company plans to use for the exploration and development of the Panuco project, potential future acquisitions, and general corporate purposes.
  • The notes carry an initial conversion price of approximately US$5.84 per share.
  • To mitigate potential shareholder dilution, Vizsla Silver also entered into cash-settled capped call transactions with a strike price of US$5.84 and a cap price of US$10.5075, for which the purchase price was approximately US$47 million.
Nov 24, 2025, 10:43 PM
Vizsla Silver Closes US$300 Million Convertible Senior Notes Offering
VZLA
Debt Issuance
Convertible Preferred Issuance
New Projects/Investments
  • Vizsla Silver Corp. announced the closing of its US$300 million offering of 5.00% convertible senior unsecured notes due 2031, which included the full exercise of the initial purchasers' option to buy an additional US$50 million of notes.
  • The offering resulted in approximately US$286 million of net proceeds, which Vizsla Silver plans to use for the exploration and development of its Panuco project, potential future acquisitions, and general corporate purposes.
  • The notes feature a 5.00% annual cash interest coupon, payable semi-annually, and will mature on January 15, 2031.
  • To manage potential shareholder dilution, Vizsla Silver entered into cash-settled capped call transactions with a strike price equal to the initial conversion price of US$5.84 per Share.
Nov 24, 2025, 10:33 PM