VIZSLA SILVER RECEIVES FINAL APPROVAL TO GRADUATE TO THE TORONTO STOCK EXCHANGE
Vizsla Silver (VZLA) has received final approval to graduate from the TSX Venture Exchange to the Toronto Stock Exchange. Trading on TSX will begin November 7, 2024, under the symbol 'VZLA', while delisting from TSXV occurs November 6, 2024. The company will maintain its NYSE American listing. The uplisting represents a growth milestone that is expected to increase market visibility and broaden investor exposure. Vizsla's Panuco silver-gold project recently completed a Preliminary Economic Study showing 15.2 Moz AgEq annual production over 10.6 years, with after-tax NPV5% of US$1.1B and 86% IRR.
Vizsla Silver (VZLA) ha ricevuto l'approvazione finale per passare dalla TSX Venture Exchange alla Toronto Stock Exchange. Le negoziazioni sulla TSX inizieranno il 7 novembre 2024, con il simbolo 'VZLA', mentre la cancellazione dalla TSXV avverr脿 il 6 novembre 2024. L'azienda manterr脿 la sua quotazione presso la NYSE American. Questo passaggio rappresenta un traguardo di crescita che si prevede aumenter脿 la visibilit脿 sul mercato e amplier脿 l'esposizione agli investitori. Il progetto argento-oro Panuco di Vizsla ha recentemente completato uno Studio Economico Preliminare che mostra una produzione annuale di 15.2 Moz AgEq per 10.6 anni, con un NPV5% dopo le tasse di 1.1 miliardi di dollari USA e un IRR dell'86%.
Vizsla Silver (VZLA) ha recibido la aprobaci贸n final para graduarse de la TSX Venture Exchange a la Bolsa de Valores de Toronto. Las operaciones en la TSX comenzar谩n el 7 de noviembre de 2024, bajo el s铆mbolo 'VZLA', mientras que la deslistaci贸n de la TSXV ocurrir谩 el 6 de noviembre de 2024. La compa帽铆a mantendr谩 su cotizaci贸n en NYSE American. Esta subida representa un hito de crecimiento que se espera aumente la visibilidad en el mercado y ampl铆e la exposici贸n de los inversores. El proyecto de plata-oro Panuco de Vizsla complet贸 recientemente un Estudio Econ贸mico Preliminar que muestra una producci贸n anual de 15.2 Moz AgEq durante 10.6 a帽os, con un NPV5% despu茅s de impuestos de 1.1 mil millones de d贸lares y un IRR del 86%.
Vizsla Silver (VZLA)電 TSX 氩れ矘 瓯半灅靻岇棎靹 韱犽韱 歃濌秾 瓯半灅靻搿滌潣 臁胳梾鞚 鞙勴暅 斓滌 鞀轨澑鞚 氚涭晿鞀惦媹雼. TSX鞐愳劀鞚 瓯半灅電 2024雲 11鞗 7鞚 'VZLA' 旮绊樃搿 鞁滌瀾霅橂┌, TSXV鞐愳劀鞚 靸侅灔鞚 2024雲 11鞗 6鞚检棎 鞚措(鞏挫雼堧嫟. 鞚 須岇偓電 NYSE American鞐愳劀鞚 靸侅灔鞚 鞙犾頃 瓴冹瀰雼堧嫟. 鞚 靸侅灔鞚 靹膘灔 鞚挫爼響滊ゼ 雮橅儉雮措┌, 鞁滌灔 臧鞁滌劚鞚 雴掛澊瓿 韴瀽鞛愳潣 雲胳稖鞚 頇曤寑頃 瓴冹溂搿 鞓堨儊霅╇媹雼. Vizsla鞚 Panuco 鞚-旮 頂勲鞝濏姼電 斓滉芳 10.6雲 霃欖晥 鞐瓣皠 15.2 Moz AgEq鞚 靸濎偘鞚 氤挫棳欤茧姅 鞓堧箘 瓴届牅 鞐瓣惮毳 鞕勲頄堨溂氅, 靹疙泟 NPV5%電 11鞏 雼煬鞚搓碃 IRR鞚 86%鞛呺媹雼.
Vizsla Silver (VZLA) a re莽u l'approbation finale pour passer de la TSX Venture Exchange 脿 la Bourse de Toronto. Le commerce sur TSX d茅butera le 7 novembre 2024, sous le symbole 'VZLA', tandis que la radiation de la TSXV aura lieu le 6 novembre 2024. L'entreprise conservera sa cotation 脿 la NYSE American. Cette mont茅e repr茅sente une 茅tape de croissance qui devrait accro卯tre la visibilit茅 du march茅 et 茅largir l'exposition des investisseurs. Le projet argent-or Panuco de Vizsla a r茅cemment termin茅 une 茅tude 茅conomique pr茅liminaire montrant une production annuelle de 15,2 Moz AgEq sur 10,6 ans, avec une VAN5% apr猫s imp么ts de 1,1 milliard USD et un TRI de 86%.
Vizsla Silver (VZLA) hat die endg眉ltige Genehmigung erhalten, von der TSX Venture Exchange zur Toronto Stock Exchange zu wechseln. Der Handel an der TSX beginnt am 7. November 2024 unter dem Symbol 'VZLA', w盲hrend die Delistung an der TSXV am 6. November 2024 erfolgt. Das Unternehmen wird seine Notierung an der NYSE American beibehalten. Der Aufstieg stellt einen Wachstumsmilestone dar, der voraussichtlich die Marktpr盲senz erh枚hen und die Investorenansprache erweitern wird. Das Silber-Gold-Projekt Panuco von Vizsla hat k眉rzlich eine vorl盲ufige Wirtschaftsstudie abgeschlossen, die eine j盲hrliche Produktion von 15,2 Moz AgEq 眉ber 10,6 Jahre zeigt, mit einem nach Steuern berechneten NPV5% von 1,1 Milliarden US-Dollar und einem IRR von 86%.
- Graduation to TSX from TSXV indicates company growth and may attract institutional investors
- Panuco project PEA shows strong economics with US$1.1B NPV and 86% IRR
- Projected 15.2 Moz AgEq annual production over 10.6-year mine life
- 9-month payback period at US$26/oz Ag and US$1,975/oz Au
- None.
Insights
The graduation from TSXV to TSX marks a significant milestone in Vizsla Silver's corporate evolution, potentially expanding its investor base and improving trading liquidity. The TSX listing offers enhanced visibility among institutional investors and could facilitate easier access to capital markets. The company's strong project economics from its Panuco project, with
The dual listing strategy on TSX and NYSE American positions VZLA well for increased market attention. While this uplisting doesn't directly impact operational performance, it validates the company's growth trajectory and could lead to inclusion in more prominent market indices, potentially driving institutional investment. The timing aligns well with their advancing Panuco project development phase.
In conjunction with the graduation to the TSX, the Common Shares will be voluntarily delisted from, and will no longer trade on the TSXV, effective at the market close on November 6, 2024.
The Common Shares will continue to trade on the NYSE American under the symbol "VZLA".
"Uplisting to the TSX represents another significant growth milestone for Vizsla Silver and its shareholders," commented Michael Konnert, President & CEO. "As the TSX is
Shareholders will not be required to take any action in connection with the graduation and listing on the TSX. There will be no change in the Company's CUSIP.
About Vizsla Silver
Vizsla Silver is a Canadian mineral exploration and development company headquartered in
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: info@vizslasilver.ca, Website:
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鈥怢ooking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward鈥恖ooking information" under applicable 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鈥恖ooking statements or information. These forward鈥恖ooking statements or information relate to, among other things: the date of commencement of trading on the TSX and other statements that are not historical facts.
Forward鈥恖ooking statements and forward鈥恖ooking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Vizsla Silver, future growth potential for Vizsla Silver 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 Silver's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
These statements reflect Vizsla Silver'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 unknown, 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鈥恖ooking statements or forward-looking information and Vizsla Silver has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company's dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company's mining activities in
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FAQ
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