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VZLA.TO ·

Vizsla Announces Stock Option Grant

Share Capital & Compensation

(VZLA-TSX-V)

FOR IMMEDIATE RELEASE December 31, 2019

VIZSLA ANNOUNCES STOCK OPTION GRANT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia (December 31, 2019) – 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 460,000 stock options have been granted with an exercise price of $0.56 per

share and 1,480,000 stock options have been granted with an exercise price of $0.69 per share,

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 Vizsla Resources Corp.

Vizsla Resources is led by an experienced management team, and the company has an option to

acquire 100 per cent of the newly consolidated, 9,386.5 -hectare Panuco district in southern

Sinaloa, Mexico. The property covers the historic Panuco-Copala silver and gold mining district

that has been in production for over 450 years. Recent results from the project have demonstrated

high-grade silver and gold results.

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 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 news release.

Cautionary Note Regarding Forward-Looking Information

Certain statements in this press release related to the Private Placement, the securities issuable thereunder and the

intended use of proceeds are forward-looking statements and are prospective in nature. Certain statements in this

release are forward-looking statements, which include regulatory approvals, the business of the Company and other

matters. Forward-looking statements consist of statements that are not purely historical, including any statements

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regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified

by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and

“continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-

looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based

will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks

and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts,

projections and other forward-looking statements will not occur. Forward-looking statement are necessarily based

upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company

to be materially different from future results, performances or achievements express or implied by such statements.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as

required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-

looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company

undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the

matters discussed above.