NYSE: VZLA TSX-V: VZLA
VANCOUVER, BC, June 17, 2024 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce that Vizsla Silver shareholders ("Shareholders") approved the plan of arrangement (the "Arrangement") with Vizsla Royalties Corp. ("Spinco") at the special meeting of Shareholders held today (the "Meeting").
Under the Arrangement, the owners of common shares of Vizsla Silver (each a "VZLA Share") are entitled to receive one-third of a common share of Spinco and one-third of a common share purchase warrant of Spinco for each VZLA Share held immediately prior to the closing of the Arrangement. Following the Arrangement, Spinco will no longer be a wholly owned subsidiary of Vizsla Silver.
Shareholders voted a total number of 101,847,455 Vizsla Silver shares representing 43.69% of the outstanding shares present in person or represented by proxy at the Meeting held today.
The Arrangement was approved by 85.03% of the votes cast by Shareholders.
Shareholders also approved the share option plan of the Spinco (the "Spinco Option Plan") at the Meeting. The Spinco Option Plan was approved by 69.16% of the votes cast by Shareholders.
The Company intends to make an application to the Supreme Court of British Columbia (the "Court") for a Final Order on June 19, 2024.
On June 11, 2024, the Company announced that it anticipated that June 21, 2024, would be the record date, and that Shareholders of record on such date will be entitled to receive Spinco securities. The Company wishes to clarify that the Transaction is an "Effective Date" transaction. Accordingly, Shareholders of record as of the close of business on the last trading day immediately prior to the Effective Date, which last trading day is currently expected to be on or about June 21, 2024, will receive Spinco securities.
This announcement is for informational purposes only and does not constitute a solicitation or a proxy.
About the Panuco Project
The newly consolidated Panuco silver-gold project is an emerging high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlán. The 17,856.5-hectare, past producing district benefits from over 86 kilometres of total vein extent, 35 kilometres of underground mines, 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.
On January 8, 2024, the Company announced an updated mineral resource estimate for Panuco which includes an estimated in-situ indicated mineral resource of 155.8 Moz AgEq and an in-situ inferred resource of 169.6 Moz AgEq (please refer to our Technical Report on Updated Mineral Resource Estimate for the Panuco Ag-Au-Pb-Zn Project, Sinaloa State, Mexico, by Allan Armitage, Ben Eggers and Peter Mehrfert, dated February 12, 2024 and to our Company ́s press release dated January 8, 2024).
紐約證券交易所：VALA TSX-V：VZLA
不列顛哥倫比亞省溫哥華，2024年6月17日 /CNW/-Vizsla Silver Corp.（TSXV：VZLA）（紐約證券交易所代碼：VZLA）（法蘭克福：0G3）（“Vizsla Silver” 或 “公司”）欣然宣佈，Vizsla Silver股東（“股東”）批准了與Vizsla Royalties Corp.（“Spinco Royalties Corp.” Spinco Royalties Corp.（“Spinco Royalties Corp.”）在今天舉行的股東特別會議（“會議”）上。
根據該安排，Vizsla Silver普通股（均爲 “VZLA股票”）的所有者有權在本安排結束前夕持有的每股VZLA股票獲得Spinco普通股的三分之一和Spinco普通股購買權證的三分之一。根據該安排，Spinco將不再是Vizsla Silver的全資子公司。
在今天舉行的會議上，股東共對101,847,455股Vizsla Silver股票進行了投票，占親自出席或由代理人代表的已發行股份的43.69％。
該安排獲得股東85.03％的選票的批准。
股東們還在會議上批准了Spinco的股票期權計劃（“Spinco期權計劃”）。Spinco期權計劃獲得了股東69.16％的選票的批准。
該公司打算於2024年6月19日向不列顛哥倫比亞省最高法院（“法院”）申請最終命令。
2024年6月11日，該公司宣佈，預計2024年6月21日將是記錄日期，該日的登記股東將有權獲得Spinco證券。公司希望澄清該交易是 “生效日期” 交易。因此，截至生效日前的最後一個交易日（目前預計最後一個交易日爲2024年6月21日左右）營業結束時的登記股東將獲得Spinco證券。
本公告僅供參考，不構成招標或代理。
關於 Panuco 項目
新合併的Panuco銀金項目是一個新興的高品位發現，位於墨西哥錫那羅亞州南部的馬紮特蘭市附近。這片佔地17,856.5公頃的過去產區受益於超過86公里的礦脈總長度、35公里的地下礦山、道路、電力和許可證。
該地區含有與漸新世和中新世的硅質火山活動和地殼延伸有關的中等至低硫化的超熱液銀和金礦牀。宿主巖主要是與塔拉胡馬拉組相關的大陸火山岩。
2024年1月8日，公司公佈了Panuco的最新礦產資源估算，其中包括估計的155.8 Moz AgeQ的現場指示礦產資源和169.6 Moz AgeQ的原位推斷資源（請參閱我們由艾倫·阿米蒂奇、本·艾格斯和本·艾格斯撰寫的關於墨西哥錫那羅亞州帕努科Ag-Au-Pb-Zn項目最新礦產資源估算的技術報告彼得·梅爾弗特，2024 年 2 月 12 日，以及我們公司 2024 年 1 月 8 日的新聞稿）。
