Vizsla Copper Announces Engagement of Red Cloud Securities
VIZSLA COPPER ANNOUNCES
ENGAGEMENT OF RED CLOUD SECURITIES
VANCOUVER, BC
,
Jan. 20, 2023
/CNW/ -
Vizsla Copper Corp.
(TSXV: VCU) (OTCQB:
VCUFF) ("
Vizsla Copper
" or the "
Company
") announces that, subject to regulatory approval, it has
retained Red Cloud Securities ("
Red Cloud
") to provide liquidity services to the Company in
compliance with the policies and guidelines of the TSX Venture Exchange ("
TSX-V
") and other
applicable legislation.
Red Cloud
is a
Toronto
-based financial services company that helps mineral
exploration and mining companies with accessing capital markets and enhancing their corporate
profile.
Red Cloud
will trade shares of Vizsla Copper on the TSX-V for the purposes of maintaining
a reasonable market and improving the liquidity of the Company's common shares.
Under the agreement, the Company will pay
Red Cloud
$5,000
per month during the term, payable
quarterly in advance. The term of engagement is ongoing and may be terminated by either party on
30 days' prior written notice. The Company and
Red Cloud
have an arm's length relationship, but
Red Cloud
and/or its clients may have an interest, directly or indirectly, in the securities of the
Company. The agreement is principally for the purposes of maintaining market stability and liquidity
for the Company's common shares and is not a formal market making agreement. There are no
performance factors contained in the agreement between
Red Cloud
and the Company and
Red
Cloud
will not receive any shares or options from the Company as compensation for services it will
render.
About Red Cloud Securities
Red Cloud Securities Inc. is registered as an Investment Dealer in
Ontario
,
Quebec
.
Alberta
and
British Columbia
and is a member of the Investment Industry Organization of
Canada
(IIROC). It is
focused on providing unique comprehensive capital market services and innovative financing
alternatives to the junior resource sector. The company was founded by capital markets
professionals who designed the firm to service small public and private companies. This solution is a
comprehensive platform that provides a full range of unconflicted corporate access services.
Offering these services as a unified platform provides the ultimate value proposition for issuer
clients.
About Vizsla Copper
Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered
in
Vancouver, Canada
. The Company is focused on its flagship Woodjam project, located within the
prolific Quesnel Terrane, 55 kilometers east of the community of
Williams Lake, British Columbia
and
has two additional copper exploration properties, the Blueberry and
Carruthers Pass
projects, well
situated amongst significant infrastructure in
British Columbia
. The Company's growth strategy is
focused on the exploration and development of its copper properties within its portfolio in addition to
value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and
developer in the stable mining jurisdiction of
British Columbia, Canada
and is committed to socially
responsible exploration and development, working safely, ethically and with integrity.
Vizsla Copper is a spin-out of Vizsla Silver (TSXV: VZLA) (NYSE: VZLA) and is backed by Inventa
Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding
opportunities in the resource sector. Additional information about the Company is available on
SEDAR (
www.sedar.com
) and the Company's website (
www.vizslacopper.com
).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
FORWARD LOOKING STATEMENTS
The information contained herein contains "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and "forward-looking information"
within the meaning of applicable Canadian securities legislation. "Forward-looking information"
includes, but is not limited to, statements with respect to the activities, events or developments that
the Company expects or anticipates will or may occur in the future, including, without limitation,
planned exploration activities. Generally, but not always, forward-looking information and statements
can be identified by the use of words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative
connotation thereof or variations of such words and phrases or state that certain actions, events or
results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative
connotation thereof.
Such forward-looking information and statements are based on numerous assumptions, including
among others, that the results of planned exploration activities are as anticipated, the anticipated
cost of planned exploration activities, that general business and economic conditions will not change
in a material adverse manner, that financing will be available if and when needed and on reasonable
terms, that third party contractors, equipment and supplies and governmental and other approvals
required to conduct the Company's planned exploration activities will be available on reasonable
terms and in a timely manner. Although the assumptions made by the Company in providing forward-
looking information or making forward-looking statements are considered reasonable by
management at the time, there can be no assurance that such assumptions will prove to be
accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties
and other factors, which may cause actual events or results in future periods to differ materially from
any projections of future events or results expressed or implied by such forward-looking information
or statements, including, among others: negative operating cash flow and dependence on third party
financing, uncertainty of additional financing, no known mineral reserves or resources, the limited
operating history of the Company, the influence of a large shareholder, aboriginal title and
consultation issues, reliance on key management and other personnel, actual results of exploration
activities being different than anticipated, changes in exploration programs based upon results,
availability of third party contractors, availability of equipment and supplies, failure of equipment to
operate as anticipated; accidents, effects of weather and other natural phenomena and other risks
associated with the mineral exploration industry, environmental risks, changes in laws and
regulations, community relations and delays in obtaining governmental or other approvals.
Although the Company has attempted to identify important factors that could cause actual results to
differ materially from those contained in the forward-looking information or implied by forward-
looking information, there may be other factors that cause results not to be as anticipated, estimated
or intended. There can be no assurance that forward-looking information and statements will prove
to be accurate, as actual results and future events could differ materially from those anticipated,
estimated or intended. Accordingly, readers should not place undue reliance on forward-looking
statements or information. The Company undertakes no obligation to update or reissue forward-
looking information as a result of new information or events except as required by applicable
securities laws.
SOURCE
Vizsla Copper Corp.
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%SEDAR: 00053112E
For further information:
Contact Information: For more information and to sign-up to the mailing
list, please contact: Chris Donaldson, Chief Executive Officer and Director, Tel: (604) 813-3931,
Email: [email protected]
CO: Vizsla Copper Corp.
CNW 08:00e 20-JAN-23