Vizsla Announces Stock Option Grant
(VZLA-TSX-V)
FOR IMMEDIATE RELEASE June 30th 2020
VIZSLA ANNOUNCES STOCK OPTION GRANT
Vancouver, British Columbia (June 30th, 2020) – Vizsla Resources Corp. (TSX-V: VZLA)
(“Vizsla” or the “Company”) announces that it has granted stock options to directors, officers,
employees and consultants of Vizsla, under the Company’s stock option plan. An aggregate
amount of 1,570,000 stock options have been granted with an exercise price of $0.79 and will vest
over two years. They are exercisable for a period of five years from the date of the grant and are
subject to the policies of the TSX Venture Exchange.
About the Panuco project
Vizsla has an option to acquire 100% of the newly consolidated 9,386.5 hectare Panuco district in southern
Sinaloa, Mexico, near the city of Mazatlán. The option allows for the acquisition of over 75 kilometres of
total vein extent, a 500 ton per day mill, 35 kilometres of underground mines, tailings facilities, roads,
power and permits.
The district contains intermediate to low sulfidation epithermal silver and gold deposits related to siliceous
volcanism and crustal extension in the Oligocene and Miocene. Host rocks are mainly continental volcanic
rocks correlated to the Tarahumara Formation.
Contact Information: For more information and to sign-up to the mailing list, please contact:
Michael Konnert, President and Chief Executive Officer
Tel: (604) 838-4327
Email: [email protected]
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.
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. These forward‐looking statements or
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information relate to, among other things: the development of Panuco, including potential drill targets;
future mineral exploration, development and production including the identification of drill targets and
commencement of drilling; and completion of a maiden drilling program
Forward‐looking statements and forward‐looking information relating to any future mineral production,
liquidity, enhanced value and capital markets profile of Vizsla, future growth potential for Vizsla 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; costs of exploration and
development; the estimated costs of development of exploration projects; Vizsla’s ability to operate in a
safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect Vizsla’s 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, political 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 has
made assumptions and estimates based on or related to many of these factors. Such factors include, without
limitation: satisfaction or waiver of all applicable conditions to closing of the Acquisition including, without
limitation, receipt of all necessary approvals or consents and lack of material changes with respect to Vizsla
and Canam and their respective businesses, all as more particularly set forth in the Acquisition agreement;
the synergies expected from the Acquisition not being realized; business integration risks; fluctuations in
general macro‐economic conditions; fluctuations in securities markets and the market price of Vizsla’s
common shares; and the factors identified under the captio n “Risk Factors” in Vizsla’s management
discussion and analysis. Readers are cautioned against attributing undue certainty to forward‐looking
statements or forward-looking information. Although Vizsla 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 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.