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Stock impact report

Vizsla Silver Announces $30 Million Bought Deal Financing [Financial Post (Toronto, Ontario, Canada)]

Vizsla Silver Corp. Common Shares (VZLA) 
Company Research Source: Financial Post
VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) — Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“ Vizsla Silver ” or the “ Company ”) is pleased to announce that it has entered into an agreement with PI Financial Corp. as sole bookrunner and lead underwriter, on its own behalf and on behalf of a syndicate of underwriters (the “ Underwriters ”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 20,000,000 common shares (the “ Shares ”) of the Company at a price of $1.50 per Share for aggregate gross proceeds of $30,000,000 (the “ Offering ”), excluding additional proceeds raised from the exercise of the Over-Allotment Option (defined below). Article content Article content The Company has agreed to grant the Underwriters an option to cover over-allotments (the “ Over-Allotment Option ”), which will allow the Underwriters to purchase up to an additional 15% of the Shares sold pursuant to the Offering, on the same Show less Read more
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