Vizsla to Resume Trading ON Wednesday, October 9

(VZLA-TSX-V)

FOR IMMEDIATE RELEASE October 8, 2019

VIZSLA TO RESUME TRADING ON WEDNESDAY, OCTOBER 9

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia (October 8, 2019) – Vizsla Resources Corp. (TSX-V: VZLA) (“Vizsla”

or the “Company”) is pleased to announce that Vizsla Resources will resume trading on Wednesday,

October 9, 2019. The Company has received conditional approval from the TSX Venture Exchange for the

acquisition of Canam Alpine Ventures Ltd., which holds the underlying options on the Copala-Panuco

silver district in Mexico.

Michael Konnert, President and CEO, stated, “I am very happy to announce that Vizsla will resume trading

this Wednesday. Upon closing of the transaction, we are very excited to investigate the high-grade potential

of the prolific Copala-Panuco silver district.”

Vizsla Resources – Rediscovering a Significant Historic Silver District in Mexico

Vizsla announced on September 17, 2019 that it acquired an option over the newly consolidated Panuco

Silver district in Sinaloa, Mexico. The Panuco district has been producing since the 1500s but has never

seen systematic modern exploration due to fragmentation of ownership. The Company has the option to

explore the 10,500-hectare district and may elect to purchase the existing production infrastructure onsite

including a mill, tailings, power, road and over 35km of workings and >75km of cumulative vein strike.

Please see the Company’s release dated September 17, 2019 for more details.

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

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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

information relate to, among other things: closing of the Acquisition; anticipated benefits of the Acquisition

to Vizsla and its shareholders; the timing and receipt of required approvals for the Acquisition; the ability

of Vizsla and Canam to satisfy the other conditions to, and to complete, the Acquisition; the development

of Panuco; anticipated timing of future press releases; future mineral exploration, development and

production including the commencement of drilling; timing of completion of a maiden drilling program

and a maiden resource; liquidity, enhanced value and capital markets profile of Vizsla; future growth

potential for Vizsla and its business; estimates regarding future production and future profitability; and

completion of financing.

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 u nknown, 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 caption “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.