Recent Updates — VZLA
Vizsla Silver Corp. reported a net loss of $19.8 million for the three months ended July 31, 2026, driven by non-cash fair value losses on convertible note derivatives and capped call options, alongside increased share-based compensation and project holding costs following a January security incident that paused exploration activities. The company held cash and equivalents of $406.5 million as of July 31, 2026. Key developments include the awarding of an equipment supply agreement to FLSmidth for the Panuco West Project and the pending acquisition of Vizsla Royalties Corp by Elemental Royalty Corporation for CAD$327 million. The company operates in the precious metals mining industry, focusing on the exploration and development of silver-gold projects.
Vizsla Silver Corp. appointed Luis Lázaro as President, Mexico, effective August 5, 2026, to lead in-country operations for its Panuco silver project through permitting and construction toward first production in H2 2027. Concurrently, Guillermo Hernandez assumed expanded responsibilities for the geological function following the resignation of Chief Geologist Jesus Velador on August 27, 2026. The company is advancing a 100%-owned silver-gold project in Sinaloa, Mexico.
Vizsla Silver Corp. has entered into an equipment supply agreement for the Panuco project. The company is a silver mining company.