Vizsla Silver Corp. participated in the first tranche of Pacifica Silver Corp.'s C$10 million non-brokered private placement financing. Pacifica Silver issued 19.1 million units at a price of C$0.50 per unit, raising aggregate proceeds of C$9.55 million. This investment represents a strategic move by Vizsla Silver.
The participation in this financing positions Vizsla Silver as a shareholder in Pacifica Silver Corp., alongside other notable investors such as First Majestic Silver and Silvercorp Metals. This investment aligns with Vizsla Silver's broader strategy within the precious metals sector.
While the specific amount of Vizsla Silver's investment was not disclosed, its participation in a C$10 million financing round indicates a strategic interest in other silver-focused entities. This move could potentially enhance Vizsla Silver's portfolio and influence within the industry.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.