Vizsla Royalties Provides a Reminder Regarding Expiry of Warrants
www.vizslaroyalties.com | 1
FOR IMMEDIATE RELEASE NOVEMBER 27, 2024
VIZSLA ROYALTIES PROVIDES A REMINDER REGARDING EXPIRY OF WARRANTS
Vancouver, British Columbia (November 27, 2024) – Vizsla Royalties Corp. (TSX-V: VROY) (“Vizsla
Royalties” or the “Company”) wishes to remind holders of outstanding common share purchase warrants
(the “Warrants”) issued on June 24, 2024, that the Warrants will expire at 5:00 p.m. Vancouver time on
Friday, December 20, 2024.
As of November 24, 2024, there were 6,670,406 Warrants outstanding. Each Warrant entitles its holder
to purchase one (1) common share of Vizsla Royalties at an exercise price of C$0.50 per share.
Any Warrants not exercised prior to 5:00 p.m. Vancouver time on December 20, 2024, will expire and
become void, and the holder will no longer be able to exercise such voided Warrants.
The Warrants, which are publicly listed on the TSX Venture Exchange under the symbol “VROY.WT”, will
be delisted at the close of business on December 20, 2024.
Holders of Warrants who wish to exercise their Warrants, should follow the instructions contained in the
warrant indenture dated June 24, 2024 between the Company and Computershare Trust Company of
Canada (the “Warrant Agent”) and must send the required documentation, including duly completed
exercise forms, to the Company and to the Warrant Agent by mail or physical delivery at Computershare
Trust Company of Canada c/o General Manager, Corporate Trust at 3rd Floor, 510 Burrard Street,
Vancouver, BC V6C 3B9.
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: 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: [email protected]
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.
www.vizslaroyalties.com | 2
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities
laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”,
“forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking
statements or information.
Forward-looking statements and forward-looking information relating to any future mineral production, liquidity,
enhanced value and capital markets profile of Vizsla Royalties, future growth potential for Vizsla Royalties and its
business, and future exploration plans are based on management’s reasonable assumptions, estimates,
expectations, analyses and opinions, which are based on management’s experience and perception of trends,
current conditions and expected developments, and other factors that management believes are relevant and
reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding,
among other things, the price of silver, gold, and other metals; no escalation in the severity of the COVID -19
pandemic; costs of exploration and development; the estimated costs of development of exploration projects; Vizsla
Royalties’ ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect Vizsla Royalties’ respective current views with respect to future events and are necessarily
based upon a number of other assumptions and estimates that, while considered reasonable by management, are
inherently subject to significant business, economic, competitive, polit ical and social uncertainties and
contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements
to be materially different from the results, performance or achievements that are or may be expressed or implied
by such forward-looking statements or forward-looking information and Vizsla Royalties has made assumptions and
estimates based on or related to many of these factors. Such factors include, without limitation: the Company's
dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the
Company's mining activities in Mexico; regulatory, consent or permitting delays; risks relating to reliance on the
Company's management team and outside contractors; risks regarding mineral resources and reserves; the
Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency
fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project
financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of
reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title
to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health
and safety; the ability of the communities in which the Company operates to manage and cope with the implications
of COVID-19; the economic and financial implications of COVID-19 to the Company; operating or technical difficulties
in connection with mining or development activities; employee relations, labour unrest or unavailability; the
Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully
integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing
quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers;
lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk
Factors” in Vizsla Royalties’ management discussion and analysis. Readers are cautioned against attributing undue
certainty to forward-looking statements or forward-looking information. Although Vizsla Royalties has attempted to
identify important factors that could cause actual results to differ materially, there may be other factors that cause
results not to be anticipated, estimated or intended. Vizsla Royalties does not intend, and does not assume any
obligation, to update these forward-looking statements or forward -looking information to reflect changes in
assumptions or changes in circumstances or any other events affecting such statements or information, other than
as required by applicable law.