Vizsla Copper Corp. announced a brokered private placement on a best efforts basis for issuance of up to 9,090,909 units at a price of CAD 0.11 per Unit for gross proceeds of up to CAD 999,999.99 and up to 16,666,667 flow-through units at a price of CAD 0.12 per FT Unit for gross proceeds of up to CAD 2,000,000.04, for total gross proceeds of CAD 3,000,000.03 on May 28, 2024. Each Unit will consist of one common share of the company and one half of one common share purchase warrant.

Each FT Unit will consist of one flow-through common share of the company and one half of one Warrant. Each whole Warrant shall entitle the holder to purchase one common share of the company at a price of CAD 0.16 at any time on or before that date which is 24 months after the closing date of the Offering. The company has granted the Agents will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to sell up to an additional CAD 450,000 in any combination of Offered Units at their respective offering prices The Offering is expected to close on or around June 19, 2024 or such other date as agreed between the company and the Lead Agent, and is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The securities issuable pursuant to the sale of the Offered Units will be subject to a statutory hold period in Canada ending on the date that is four months plus one day following the closing date of the Offering.