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Vizsla Royalties Acquires Additional 3% NSR Royalty On Silverstone Concessions Of Panuco-Copala Silver-Gold Project In Mexico From Grupo Minero Bacis; Vizsla Royalties Will Exercise Its Right To Repurchase 50% Of The 3% Royalty For $1.95M And Will Purchase The Remaining 50% Of The 3% Royalty For $38.05M, For A Total Cash Consideration Of $40M

Benzinga·06/04/2025 20:30:08
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Vizsla Royalties Corp. (TSXV:VROY, OTCQB:VROYF) ("Vizsla Royalties" or the "Company") is pleased to announce it has entered into a royalty purchase agreement dated June 4, 2025 (the "Purchase Agreement") with Grupo Minero Bacis, S.A. de C.V., pursuant to which the Company will acquire an additional 3.0% net smelter returns ("NSR") royalty (the "3.0% Royalty") on certain concessions (the "Silverstone Concessions") comprising the Panuco-Copala Silver-Gold Project ("Panuco Project") located in the State of Sinaloa, Mexico (the "Transaction"). The Panuco Project is owned and operated by Vizsla Silver Corp. ("Vizsla Silver") (TSX:VZLA, NYSE:VZLA) and is being advanced toward production.