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Vizsla Silver Announces Company Reorganization and Equity Program
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Vizsla Silver Announces Company Reorganization and Equity Program

Vizsla Silver Corp. (TSE:VZLA) has released an update.

Vizsla Silver Corp. has announced a reorganization plan to split into two separate entities through an arrangement with Vizsla Royalties Corp., subject to shareholder approval. Concurrently, the company has initiated an at-the-market equity program with Canaccord Genuity Corp., allowing for the sale of up to C$50 million in shares. This strategic move aims to enhance financial flexibility and support corporate growth.

For further insights into TSE:VZLA stock, check out TipRanks’ Stock Analysis page.

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