202616 releases
VIZSLA SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING
Shareholders approved all motions at the annual general and special meeting held in Vancouver on October 8, 2026, including fixing the board at seven directors, electing Craig Parry, Michael Konnert, Simon Cmrlec, Harry Pokrandt, David Cobbold, Eduardo Luna and Suki Gill, appointing Deloitte LLP as auditor, and approving the amended and restated Shareholder Rights Plan. A total of 188,580,782 shares were voted, representing 53.11% of issued and outstanding shares as at the record date.
CorporateVIZSLA SILVER APPOINTS LUIS LÁZARO AS PRESIDENT, MEXICO
Luis Lázaro has been appointed President, Mexico, effective immediately, leading in-country operations and advancing the Panuco silver-gold project in Sinaloa, Mexico through permitting, construction and potential production, with first silver production targeted for H2 2027. He previously served as CEO of Citrofrut and brings 30 years of leadership experience. Separately, Chief Geologist Jesus Velador has resigned effective August 27, 2026, with VP of Exploration Guillermo Hernandez taking expanded responsibility for the geological function.
ManagementVIZSLA SILVER AWARDS EQUIPMENT SUPPLY AGREEMENT FOR PANUCO
An equipment supply agreement for the wholly-owned Panuco silver-gold project in Sinaloa, Mexico has been awarded to FLSmidth, covering engineering and supply of eight major process plant equipment packages across crushing, grinding, thickening and counter current decantation, Merrill Crowe and refining circuits. The equipment is specified for the initial 3,300 tpd Phase 1 operation and planned expansion to 4,000 tpd per the 2025 Feasibility Study. Engineering begins immediately under a limited notice to proceed, with formal Notice to Proceed anticipated in coming months.
CorporateVIZSLA SILVER SECURES WORKING CAPITAL FACILITY WITH MEXICAN GOVERNMENT FINANCIAL INSTITUTION FOR PANUCO
Minera Canam, the Mexican subsidiary holding the Panuco silver-gold project in Sinaloa, Mexico, has entered an unsecured credit agreement dated February 26, 2026 for a MXN$173 million (approximately US$10 million) working capital facility with Fideicomiso de Fomento Minero, approved by FIFOMI's internal credit committee on May 4, 2026. The facility has a five-year term, interest at the TIIE funding rate plus a 4.6681% margin, quarterly interest and principal payments with a two-year principal grace period, and a one-time 1.0% commission fee.
FinancingVIZSLA SILVER APPOINTS GUILLERMO HERNANDEZ AS VICE PRESIDENT, EXPLORATION & PROMOTES JESUS VELADOR TO CHIEF GEOLOGIST
Guillermo Hernandez has been appointed Vice President of Exploration at Vizsla Silver, joining from Outcrop Silver & Gold with 20 years of international exploration experience and prior roles at Lundin Gold and Luca Mining. Jesus Velador has been promoted from VP, Exploration to Chief Geologist. Both changes are effective immediately. Vizsla Silver is advancing the 100%-owned Panuco silver-gold project in Sinaloa, Mexico.
ManagementVIZSLA SILVER APPOINTS SENIOR VICE PRESIDENT, TECHNICAL SERVICES
Dave D'Antonio has been appointed Senior Vice President of Technical Services, effective immediately, to lead the buildout of the technical services function as Vizsla Silver advances the Panuco silver-gold project in Sinaloa, Mexico. He previously served as Head of Mine Technical Services at K92 Mining's Kainantu Mine in Papua New Guinea and held senior roles at OceanaGold. The Company also granted 3,908,000 stock options at an exercise price of $5.16, 1,849,000 RSUs and 300,000 DSUs to directors, officers, employees and consultants.
ManagementVIZSLA SILVER APPOINTS FORMER SENIOR MEXICAN GOVERNMENT MINING OFFICIAL AS VICE PRESIDENT, GOVERNMENT RELATIONS
Angel Diego Gómez Olmos has been appointed Vice President of Government Relations, effective immediately, based in Mexico City, leading Vizsla Silver's in-country government and regulatory affairs with a focus on permitting for the Panuco silver-gold project in Sinaloa, Mexico. He previously served as General Director of FIFOMI and as Acting General Director of Mines at the Secretaría de Economía. The company has not made a production decision for Panuco.
ManagementVIZLSA SILVER ANNOUNCES CHANGE OF CORPORATE SECRETARY
Susy Horna has assumed the role of Corporate Secretary at Vizsla Silver Corp., replacing Jen Hanson, effective immediately. Horna previously served as Manager, Corporate Records and Governance for First Majestic Silver Corp. and as Corporate Secretary of Gatos Silver, Inc. The company is advancing its 100%-owned Panuco silver-gold project in Sinaloa, Mexico.
ManagementVIZSLA SILVER AWARDS EPCM AND MINE DESIGN CONTRACTS FOR THE DEVELOPMENT OF THE PANUCO SILVER-GOLD PROJECT
The EPCM contract for the Panuco silver-gold project in Sinaloa, Mexico has been awarded to M3 Engineering & Technology Corp., covering the process plant and surface infrastructure valued at approximately US$170 million, with definitive terms still being finalized. A separate mine design contract with Mining Plus covers roughly US$50 million in development capital and about US$40 million in ore development over the next two years of pre-production. A mining contract is to be awarded in Q2 2026, with mining to begin upon receipt of the MIA permit.
CorporateVIZSLA SILVER PROVIDES ADDITIONAL UPDATE ON SITUATION IN CONCORDIA
Nine Vizsla Silver colleagues have been found deceased following the situation in Concordia, Sinaloa, with one colleague still missing. The company remains in contact with that colleague's family and continues to support authorities in their ongoing investigation. Site operations remain suspended, and an operational update will be provided in due course.
CorporateVIZSLA SILVER PROVIDES UPDATE ON SITUATION IN CONCORDIA
Two additional families of the ten colleagues taken from the Panuco project site in Concordia, Mexico, have received confirmation that their loved one is deceased, and three colleagues remain missing. The company continues to cooperate with Mexican authorities as search efforts and the investigation proceed, and is reviewing and strengthening security protocols with local authorities. Site operations remain suspended while engineering and planning work continues, with the company maintaining its commitment to the Panuco project.
CorporateVIZSLA SILVER PROVIDES SECURITY AND OPERATIONS UPDATE
Five Vizsla Silver colleagues remain unaccounted for following recent events in Concordia, Mexico, and the company is providing practical and financial assistance to affected families, grief counselling and flexible work arrangements for its Mexico and Canada-based teams, and cooperating with Mexican authorities' investigation and search. Site operations at the Panuco project remain suspended, though engineering-based work is continuing remotely as the company advances toward its key milestones.
CorporateVIZSLA SILVER PROVIDES UPDATE ON SITUATION IN CONCORDIA, MEXICO
Families have informed Vizsla Silver that relatives who were taken from the Company's project site in Concordia, Mexico, have been found deceased. The Company is awaiting confirmation from Mexican authorities and will provide further updates as appropriate. CEO Michael Konnert said the focus remains on the safe recovery of those who remain missing and on supporting affected families and employees.
CorporateVIZSLA SILVER PROVIDES AN UPDATE ON MEDIA-REPORTED SECURITY INCIDENT AT THE PANUCO PROJECT
Ten individuals have been taken from Vizsla Silver's Panuco project site in Concordia, Mexico, in an incident now under investigation, with information remaining limited. Local authorities have been notified and the Company's crisis management and security response teams are engaged. Certain activities at and near the site have been temporarily suspended as a precautionary measure.
CorporateVIZSLA SILVER PROVIDES 2025 YEAR-END SUMMARY AND 2026 OUTLOOK
A 2025 year-end summary and 2026 outlook for the Panuco silver-gold project in Sinaloa, Mexico, where a November 2025 Feasibility Study outlined 17.4 Moz AgEq annual production over a 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, 111% IRR and 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. The company ended the year with over US$450M in cash, drilled ~21,000 metres and hit 897 g/t AgEq over 5.85 metres at Animas. For 2026 it budgets ~60,000 metres of drilling, with a construction decision in H2 2026 pending permits.
CorporateVIZSLA SILVER REPORTS ADDITIONAL HIGH GRADE INTERCEPTS AT COPALA WITH GEOTECHNICAL DRILLING
Results from 11 geotechnical drill holes at the Copala resource area of the 100%-owned Panuco silver-gold project in Sinaloa, Mexico, included DDH-CAP-008B with 1,800 g/t AgEq over 3.80 metres true width (1,284 g/t silver, 7.51 g/t gold), DDH-CAP-003A with 840 g/t AgEq over 6.50 mTW and 1,422 g/t AgEq over 2.00 mTW, and DDH-CAP-007B with 424 g/t AgEq over 8.90 mTW. The holes form part of a 10,578 m, 29-hole oriented campaign completed May–August 2025. Underground infill drilling began December 24, 2025.
Drill results
20257 releases
VIZSLA SILVER TO ACQUIRE STRATEGIC CLAIMS SURROUNDING PANUCO FROM FRESNILLO PLC
An agreement dated December 17, 2025 will see Vizsla Silver acquire ten mining claims covering 2,378 Ha along the Panuco–San Dimas corridor in Sinaloa, Mexico from Minera Fresnillo S.A. de C.V., a subsidiary of Fresnillo plc. Consideration is US$2,000,000 in cash plus 854,697 common shares (US$4,000,000), with the shares subject to a four-month hold period. Seven claims totalling 1,734 Ha sit adjacent to the Panuco project and cover potential extensions of known mineralized veins.
AcquisitionVizsla Silver Files Feasibility Study Technical Report on the Panuco Project
A NI 43-101 technical report and feasibility study for the Panuco silver-gold project in Sinaloa, Mexico has been filed with an effective date of November 4, 2025, prepared by Ausenco Engineering Canada ULC with support from Mining Plus Canada Consulting Ltd. and SGS Canada Inc. Results were previously released on November 12, 2025, outlining 17.4 Moz AgEq annual production over an initial 9.4-year mine life, after-tax NPV(5%) of US$1.8B, 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. No production decision has been made.
Study resultsVIZSLA SILVER HOSTS IN-DEPTH TECHNICAL OVERVIEW OF ITS RECENT FEASIBILITY STUDY AND CONVERTIBLE OFFERING
A replay of a webinar reviewing the independent Feasibility Study for the 100%-owned Panuco silver-gold project in Sinaloa, Mexico, has been posted. The Feasibility Study, completed in November 2025, outlines 17.4 Moz AgEq of annual production over an initial 9.4-year mine life, an after-tax NPV(5%) of US$1.8B, a 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. A recently completed convertible notes offering replaces the previously announced debt mandate with Macquarie. No production decision has been made.
FinancingVizsla Silver Announces Closing of US$300 Million Convertible Senior Notes Offering
A US$300 million offering of 5.00% convertible senior unsecured notes due January 15, 2031 has closed, including full exercise of the initial purchasers' US$50 million option, generating approximately US$286 million in net proceeds with Cantor Fitzgerald & Co. as sole book-running manager. The initial conversion rate is 171.3062 shares per US$1,000 principal, about US$5.84 per share, a roughly 25% premium to the November 19, 2025 NYSE American close; cash-settled capped call transactions at a US$10.5075 cap cost about US$47 million. Proceeds are intended for the Panuco project in Sinaloa, Mexico, potential acquisitions and general corporate purposes.
FinancingVizsla Silver Announces Pricing Of US $250 Million Convertible Senior Notes Offering
Pricing was set for a US$250 million offering of convertible senior unsecured notes due 2031, bearing 5.00% cash interest semi-annually, with an initial conversion price of approximately US$5.84 per share, a 25% premium to the US$4.67 November 19, 2025 NYSE American close; closing is expected on or about November 24, 2025, with a 13-day option for up to US$50 million more. Net proceeds are estimated at approximately US$239.4 million, to fund exploration and development of the Panuco Project in Sinaloa, Mexico, potential acquisitions and general corporate purposes, including approximately US$39.6 million for cash-settled capped call transactions capped at US$10.5075 per share.
FinancingVIZSLA SILVER ANNOUNCES PROPOSED OFFERING OF US$250 MILLION OF CONVERTIBLE SENIOR NOTES
An offering of US$250 million of convertible senior unsecured notes due January 15, 2031 is proposed, with initial purchasers to receive a 13-day option for up to an additional US$50 million. Interest will be payable semi-annually on January 15 and July 15, beginning July 15, 2026, with notes convertible into common shares, cash or a combination at the Company's election. Proceeds will fund exploration and development of the Panuco Project in Sinaloa, Mexico, potential acquisitions, general corporate purposes and cash-settled capped call transactions.
FinancingVIZSLA SILVER DELIVERS POSITIVE FEASIBILITY STUDY FOR THE PANUCO PROJECT
A feasibility study on the 100%-owned Panuco silver-gold project in Sinaloa, Mexico, completed by Ausenco with Mining Plus and SGS, shows an after-tax NPV(5%) of US$1,802 million, a 111% IRR and a 7-month payback at US$35.50/oz Ag and US$3,100/oz Au. Pre-production capital is US$238.7 million (US$173 million net), with average annual payable production of 17,383 koz AgEq over a 9.4-year mine life at AISC of US$10.61/oz AgEq. Proven and Probable Reserves total 12.81 Mt at 249 g/t Ag and 2.01 g/t Au.
Study results