Vizsla Royalties Announces Completion of Payment of Acquisition and Amendment to Compensation Plan
Vizsla Royalties Announces Completion of
Payment of Acquisition and Amendment to
Compensation Plan
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2025) -
Vizsla Royalties Corp. (TSXV:
VROY) (OTCQB: VROYF)
("
Vizsla Royalties
" or the "
Company
") is pleased to announce an update
regarding its acquisition of an additional 3.0% net smelter returns royalty on certain concessions
comprising the Panuco-Copala Silver-Gold Project located in the State of Sinaloa, Mexico (the
"
Transaction
"). Further to its news release dated June 12, 2025, the funds comprising the purchase
price have been released to the vendor and the Transaction is formally complete.
The Company has also amended its omnibus equity incentive compensation plan (the "
Omnibus
Plan
"), that was originally adopted by the Company's board of directors on April 1, 2025, to increase the
fixed amount in additional equity that includes performance share units, deferred share units and
restricted share units from a maximum issuable of 2,800,589 to a maximum issuable of 5,322,798.
The purpose of the Omnibus Plan is to: (i) promote a significant alignment between officers, directors,
and employees of the Company and the growth objectives of the Company; (ii) to associate a portion of
participating employees' compensation with the performance of the Company over the long term; and
(iii) to attract, motivate and retain the critical employees to drive the business success of the Company.
Pursuant to the terms of the Omnibus Plan, the Company has granted 3,961,850 stock options
("
Options
") at an exercise price of $2.35 and, 2,522,780 restricted share units (each, an "
RSU
") to
directors, officers, employees and consultants (the "
Optionees
") of the Company. The Options are
exercisable for a period of five years and will vest over the next two years and the RSUs will vest in three
equal annual instalments commencing on the first anniversary of the grant date.
The Omnibus Plan and all issuances granted under the Omnibus Plan are subject to approval of the TSX
Venture Exchange and disinterested shareholder approval.
These approvals will be sought at the
Company's next annual general meeting to be held in Q3 2025.
About Vizsla Royalties Corp.
Vizsla Royalties Corp. is a precious metals focused royalty company. The Company's principal asset is
a Net Smelter Return Royalty on Vizsla Silver Corp.'s (TSX: VZLA) (NYSE American: VZLA) flagship
Panuco Project located in Mexico. Panuco is a world-class silver and gold development project actively
advancing towards production. A Preliminary Economic Study for Panuco was published in July 2024
which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax
NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au.
Contact Information:
For more information and to sign-up to the mailing list, please contact:
Michael Pettingell, Chief Executive Officer
Tel: (604) 364-2215
Email:
Website:
www.vizslaroyalties.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
TECHNICAL AND THIRD-PARTY INFORMATION
Except where otherwise stated, the disclosure in this press release relating to the Panuco Project is
based on information publicly disclosed by Vizsla Silver Corp. and information/data available in the
public domain as at the date hereof and none of this information has been independently verified by
Vizsla Royalties. Specifically, as a royalty holder, Vizsla Royalties has limited access to the Panuco
Project. Although Vizsla Royalties does not have any knowledge that such information may not be
accurate, there can be no assurance that such third-party information is complete or accurate. Some
information publicly reported on the Panuco Project by Vizsla Silver Corp. may relate to a larger property
than the area covered by Vizsla Royalties' royalty interests.
Unless otherwise indicated, the technical and scientific disclosure contained or referenced in this press
release, including any references to mineral resources or mineral reserves, was prepared in accordance
with NI 43-101, which differs significantly from the requirements of the U.S. Securities and Exchange
Commission (the "
SEC
") applicable to U.S. domestic issuers. Accordingly, the scientific and technical
information contained or referenced in this press release may not be comparable to similar information
made public by U.S. companies subject to the reporting and disclosure requirements of the SEC.
"Inferred mineral resources" have a great amount of uncertainty as to their existence and great
uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an
inferred mineral resource will ever be upgraded to a higher category. Historical results or feasibility
models presented herein are not guarantees or expectations of future performance.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements and forward-looking information (collectively,
"forward-looking statements") within the meaning of applicable securities laws. Often, but not always,
forward-looking statements can be identified by the use of words such as "plans", "expects", "is
expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets",
"aims", "anticipates" or "believes" or variations (including negative variations) of such words and
phrases or may be identified by statements to the effect that certain actions "may", "could", "should",
"would", "might" or "will" be taken, occur or be achieved. Forward-looking statements include, but are not
limited to:the closing of the Transaction; the use of proceeds from the Offering; the final approval of the
TSXV; future exploration, development, and production of the Panuco Project, and other anticipated
developments, achievements and economics of, the Panuco Project. Forward-looking statements and
information are based on forecasts of future results, estimates of amounts not yet determinable and
assumptions that, while believed by management to be reasonable, are inherently subject to significant
business, economic and competitive uncertainties, and contingencies. Forward-looking statements and
information are subject to various known and unknown risks and uncertainties, many of which are beyond
the ability of Vizsla Royalties to control or predict, that may cause Vizsla Royalties' actual results,
performance or achievements to be materially different from those expressed or implied thereby, and
are developed based on assumptions about such risks, uncertainties and other factors set out herein,
including but not limited to: risks associated with the impact of general business and economic
conditions; the absence of control over mining operations from which Vizsla Royalties will purchase
precious metals or from which it will receive stream or royalty payments and risks related to those mining
operations, including risks related to international operations, government and environmental regulation,
delays in mine construction and operations, actual results of mining and current exploration activities,
conclusions of economic evaluations and changes in project parameters as plans are refined; problems
related to the ability to market precious metals or other metals; industry conditions, including commodity
price fluctuations, interest and exchange rate fluctuations; interpretation by government entities of tax
laws or the implementation of new tax laws; regulatory, political or economic developments in any of the
countries where properties in which Vizsla Royalties holds a royalty, stream or other interest are located
or through which they are held; risks related to the operators of the properties in which Vizsla Royalties
holds a royalty or stream or other interest, including changes in the ownership and control of such
operators; risks related to global pandemics and the spread of other viruses or pathogens; influence of
macroeconomic developments; business opportunities that become available to, or are pursued by
Vizsla Royalties; reduced access to debt and equity capital; litigation; title, permit or license disputes
related to interests on any of the properties in which Vizsla Royalties holds a royalty, stream or other
interest; the volatility of the stock market; competition; future sales or issuances of debt or equity
securities; use of proceeds; dividend policy and future payment of dividends; liquidity; market for
securities; enforcement of civil judgments; and risks relating to Vizsla Royalties potentially being a
passive foreign investment company within the meaning of U.S. federal tax laws; and the other risks and
uncertainties disclosed in documents filed with or submitted to the Canadian securities regulatory
authorities on the SEDAR+ website at
www.sedarplus.ca
. Although Vizsla Royalties has attempted to
identify important factors that could cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
statements. Vizsla Royalties undertakes no obligation to update forward-looking information except as
required by applicable law. Such forward-looking information represents management's best judgment
based on information currently available. No forward-looking statement can be guaranteed, and actual
future results may vary materially. Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/255567