Vizsla Royalties Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for gross proceeds of C$4,967,498. A total of 82,791,636 common shares of the Company have been issued at a price of C$0.06 per Share. Net proceeds from the Offering are expected to be used for working capital and general corporate purposes. The Offering is being conducted to [...]
Vizsla Royalties Corp. announces that it has entered into a debt settlement agreement dated July 3, 2024 with Vizsla Silver Corp. to settle outstanding debt of CAD$1,609,312 owing from Vizsla Royalties to Vizsla Silver by issuing 32,186,240 common shares of the Company to Vizsla Silver at a deemed price of CAD$0.05 per Common Share . The Shares for Debt Transaction was previously disclosed by Vizsla Silver on May 22 [...]
Vizsla Silver is pleased to announce that it has received final TSX Venture Exchange approval of the previously announced plan of arrangement to reorganize its business, including the spin-off of its wholly-owned subsidiary, Vizsla Royalties Corp. The Arrangement will close effective 12:01 a.m. on June 24, 2024. Existing common shares of Vizsla Silver will be delisted on the TSX-V effective on the close of business on [...]
Vizsla Silveris pleased to announce that the Supreme Court of British Columbia has issued its final order approving the plan of arrangement with Vizsla Royalties Corp. Under the Arrangement, the owners of common shares of Vizsla Silver are entitled to receive one new VZLA Share, one-third of a common share of Spinco and one-third of a common share purchase warrant of Spinco for each VZLA Share held immediately prior to [...]
Vizsla Silver wants to remind its valued shareholders that if the spinout of Vizsla Royalties Corp. is approved at the Special Meeting being held on June 17, 2024, the Company will seek a final order from the Supreme Court of British Columbia to approve the Arrangement and closing will occur on or about June 24, 2024. It anticipates that June 21, 2024, will be the record date , which shareholders of record will be [...]
Vizsla Silver is pleased to announce that it has executed an arrangement agreement with Vizsla Royalties Corp., whereby the business of the Company will be reorganized into two companies by way of a plan of arrangement under the Business Corporations Act. Vizsla Silver shareholders will vote on the Arrangement at a special meeting of shareholders to be held on a date to be announced. To be effective, the Arrangement must [...]
Vizsla Silver is pleased to announce that, further to its news release dated January 17, 2024, it intends to enter into an arrangement agreement with its wholly-owned subsidiary Vizsla Royalties Corp. within 45 days of this news release in respect of the spinout of the shares of Spinco to the Company's shareholders . Spinco currently holds, indirectly, a net smelter royalty on any future mineral production at Vizsla [...]