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VIZSLA SILVER ISSUES ANNUAL EQUITY GRANT

1. Vizsla Silver grants 4.05 million options at $2.90 exercise price. 2. Company's stock options will vest over a two-year schedule. 3. Panuco project shows significant production potential and strong financial metrics. 4. Vizsla aims to lead the silver market with dual-track development.

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FAQ

Why Bullish?

The substantial stock options indicate management's confidence in future growth, similar to other mining firms successful in incentivizing key personnel.

How important is it?

The issuance of stock options aligns with positive company forecasts and production capability insights, fostering investor confidence.

Why Long Term?

The strategic focus on the Panuco project promises potential revenue increases over its 10.6-year mine life, enhancing long-term profitability.

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NYSE: VZLA     TSX: VZLA , /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") announces that, pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 4,050,000 stock options ("Options") at an exercise price of $2.90, 1,450,000 restricted share units (each, an "RSU") and 850,000 deferred share units (each, an "DSU") to directors, officers, employees and consultants (the "Optionees") of the Company. The Options are exercisable for a period of five years and will vest over the next two years and the RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date. The DSUs vest immediately and will be exchanged for one common share of the Company upon the time that the Optionee ceases to hold their position as an independent director. The Options, RSUs and DSUs are subject to the approval and policies of the TSX Venture Exchange and the NYSE American. About Vizsla Silver Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed a Preliminary Economic Study for Panuco in July 2024 which highlights 15.2 Moz AgEq of annual production over an initial 10.6-year mine life, an after-tax NPV5% of US$1.1B, 86% IRR and a 9-month payback at US$26/oz Ag and US$1,975/oz Au. Vizsla Silver aims to become the world's leading silver company by implementing a dual track development approach at Panuco, advancing mine development, while continuing district scale exploration through low-cost means. SOURCE Vizsla Silver Corp. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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