Vizsla Silver Announces Results of Annual General Meeting & Auditor Change
VIZSLA SILVER ANNOUNCES RESULTS OF ANNUAL
GENERAL MEETING & AUDITOR CHANGE
NYSE: VZLA TSX: VZLA
VANCOUVER, BC
,
Oct. 3, 2025
/CNW/ -
Vizsla Silver Corp.
(TSX: VZLA) (NYSE: VZLA) (
Frankfurt
: 0G3) ("
Vizsla Silver
" or the
"
Company
") is pleased to announce the results of the Company's annual general and special meeting of shareholders (the "
Meeting
")
held in
Vancouver, British Columbia
on October
2, 2025.
Shareholders were asked to vote on the following:
Fix the number of directors at seven persons;
Elect
Craig Parry
,
Michael Konnert
, Simon Cmrlec,
Harry Pokrandt
,
David Cobbold
,
Eduardo Luna
and
Suki Gill
as directors for
the ensuing year;
Re-appoint MNP LLP as the Company's auditor for the ensuing year and authorize the directors to determine the remuneration to
be paid to the auditor;
Approve the Company's omnibus equity incentive compensation plan; and
Alteration of the Company's Articles.
Shareholders approved all motions put forth at the Meeting and a total of 181,024,637 shares were voted, representing 52.63% of the
Company's issued and outstanding shares as at the record date for the Meeting. A detailed report of the results is available on the
Company's profile on SEDAR+ and EDGAR. Please refer to Table 1 below for the detailed results of the votes for each Director.
Table 1: Detailed Voting Results for Re-Election of the Board of Directors
Nominee
Votes For
Percentage For
Craig Parry
142,232,974
90.16 %
Michael Konnert
157,248,738
99.68 %
Simon Cmrlec
149,820,332
94.97 %
Harry Pokrandt
154,002,022
97.62 %
David Cobbold
146,439,556
92.83 %
Eduardo Luna
157,485,475
99.83 %
Sukhjit (Suki) Gill
156,375,983
99.13 %
Auditor Change
The Company announces that it has changed its auditor from MNP LLP ("
Former Auditor
") to Deloitte LLP ("
Successor Auditor
" or
"
Deloitte LLP
") effective October
3, 2025. The appointment of Deloitte LLP was necessary to support the growth and regulatory
requirements of the Company.
The Former Auditor's reports on the Company's financial statements for the two most recent fiscal years ended
April 30, 2025
and
April 30, 2024
did not contain any modifications or reservations and there were no reportable events as defined in National Instrument
51-102 in connection with their audits through to the date of change.
In accordance with NI 51-102, the Company has filed a Notice of Change of Auditor along with the required letters from both the
Former Auditor and Successor Auditor on SEDAR+ and EDGAR.
About Vizsla Silver
Vizsla Silver is a Canadian mineral exploration and development company headquartered in
Vancouver, BC
, focused on advancing its
flagship, 100%-owned
Panuco
silver-gold project located in
Sinaloa, Mexico
. The Company recently completed a Preliminary Economic
Study for
Panuco
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. Vizsla Silver aims to position itself as a
leading silver company by implementing a dual track development approach at
Panuco
, advancing mine development, while continuing
district scale exploration through low-cost means.
Technical Disclosure
In accordance with National Instrument 43-101 –
Standards of Disclosure for Mineral Projects
("
NI 43-101
"),
Jesus Velador
, Ph.D.
MMSA QP, Vice President of Exploration, is the Qualified Person for the Company and has reviewed and approved the technical and
scientific content of this news release.
No production decision has been made for
Panuco
at this time. Any decision to proceed to construction or commercial production will
only be made following completion of a feasibility study that demonstrates economic and technical viability in accordance with NI 43-
101.
Website:
www.vizslasilvercorp.ca
SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS
Certain statements contained in this news release constitute forward-looking statements or forward-looking information under
applicable securities laws (collectively, "forward-looking statements"). Such statements relate to future events or the Company's future
plans, performance, business prospects, or opportunities that are based on forecasts of future results, estimates of amounts not yet
determinable and assumptions of management made in light of management's experience and perception of historical trends, current
conditions and expected future developments. Any statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words
or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential",
"targeting", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be
"forward-looking statements".
Forward-looking statements include, but are not limited to: anticipated advancement of the Panuco Project through feasibility and
potential development; results and timing of exploration, drilling and metallurgical testing; projected production levels, recovery rates
and mine life; expected project economics and capital and operating cost estimates; ability to obtain permits, licenses and approvals;
availability of financing and completion of potential funding arrangements; the impact of future economic conditions and commodity
price assumptions; management and employee performance and alignment through incentive grants; and the Company's strategy to
position itself as a leading silver company through a dual-track approach that advances mine development while continuing district-
scale exploration at
Panuco
.
All forward-looking statements contained in this news release represent the Company's views as of the date hereof. Forward-looking
statements are included to assist investors in understanding the Company's business, operations, plans and objectives. By their very
nature, forward-looking statements require the Company to make assumptions. There are many factors, circumstances, and risks
(known and unknown) that could cause actual results to differ materially from those implied or expressed by these forward-looking
statements, including: changes in project parameters as plans continue to be refined; risks inherent in mineral exploration and
development; availability and cost of financing, labour and contractors; fluctuations in commodity prices, foreign exchange rates, and
costs of inputs; variations in grade, recovery rates or production performance; delays or failures to obtain required permits and
approvals; political, regulatory or social risks in
Mexico
; relations with local communities and governments; unanticipated environmental
impacts or liabilities; infrastructure availability; global market volatility and broader macroeconomic conditions; and climate-related
risks, including extreme weather events. Additional risk factors are set out in the Company's most recent Annual Information Form,
Form 40-F and Management's Discussion and Analysis.
The Company believes that the expectations reflected in these forward-looking statements are reasonable, but no assurance can be
given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These
statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to
update these forward-looking statements, except as required by applicable laws. Actual results may differ materially from those
expressed or implied by such forward-looking statements.
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For further information:
Contact Information: For more information and to sign-up to the mailing list, please contact: Michael Konnert,
President and Chief Executive Officer, Tel: (604) 364-2215, Email: [email protected]
CO: Vizsla Silver Corp.
CNW 08:00e 03-OCT-25